Experts are advising that effective communication about cyber risk with company boards should be in business terms rather than technical language. The recent directive from the US Securities and Exchange Commission requiring public companies to report cyber incidents within four days highlights the importance of clear communication. Cybersecurity is a business issue and should be communicated in a clear, concise manner to help boards understand the risks involved.
“An Expensive Problem”: Cracking the Cyber Insurance Conundrum
Rampant ransomware attacks have hit the healthcare industry, with incidents increasing by more than 600%, costing an average of $10 million per breach. This has
