TLDR:
- Companies with cyber governance create 4 times more value.
- Even cybersecurity professionals can fall victim to vishing attacks.
Dark Reading’s CISO Corner provides insights into the importance of cyber governance in creating shareholder value. According to a survey by Bitsight and Diligent Institute, specialized boards focused on cybersecurity expertise significantly improve security postures and financial performance. The article also highlights the risk of vishing attacks, demonstrating that even experienced professionals can be swindled through emotional manipulation.
The issue also explores the need for collaborative approaches to mitigating third-party risks, emphasizing the importance of transparency with vendors. Additionally, the Australian government’s cybersecurity efforts in response to major attacks are discussed, as well as the significance of materiality and risk determination for CISOs. The article also touches on the increase in zero-day exploits targeting enterprises and the importance of getting security remediation on the boardroom agenda.