Intelligent CISO Issue 55 - Page 18

cyber trends
WE TAKE A LOOK AT THE RELATIONSHIP BETWEEN CISOS AND THE BOARDROOM AND HOW BOTH PARTIES CAN STRIVE TO IMPROVE IT , BETTER ALIGNING THEIR BUSINESS PRIORITIES . THE FINDINGS REVEAL THAT WHILE 69 % OF BOARD MEMBERS REPORT SEEING EYE-TO-EYE WITH THEIR CISO , ONLY 51 % OF CISOS FEEL THE SAME . roofpoint , a leading

P cybersecurity and compliance company , and Cybersecurity at MIT Sloan ( CAMS ), an interdisciplinary research consortium , have released their Cybersecurity : The 2022 Board Perspective report , which explores board of directors ’ perceptions about their key challenges and risks . Cybersecurity is dominant on their agendas .

Over two-thirds ( 77 %) of participants agree cybersecurity is a top priority for their board and 76 % discuss the topic at least monthly . Consequently , 75 % believe their boards clearly understand the systemic risks their organisations face and 76 % assert they ’ ve made adequate investments in cybersecurity .
But this optimism may be misplaced . Our report found that nearly twothirds ( 65 %) of board members believe

Report reveals almost half of board members globally feel unprepared for a cyberattack

their organisation is at risk of material cyberattack in the next 12 months . Almost half ( 47 %) feel their organisation is unprepared to cope with a targeted attack . And only two-thirds of board members view human error as their biggest cyber vulnerability , despite the World Economic Forum finding that this risk leads to 95 % of all cybersecurity incidents .
The Cybersecurity : The 2022 Board Perspective report examines global , third-party survey responses from 600 board members at organisations with 5,000 or more employees from different industries . In August 2022 , 50 board directors were interviewed in each market across 12 countries : the US , Canada , the UK , France , Germany , Italy , Spain , Australia , Singapore , Japan , Brazil and Mexico .
The report explores three key areas : the cyberthreats and risks boards face ; their level of preparedness to combat those threats ; and their alignment with
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