Boards Must Evolve: Cybersecurity Governance Takes Center Stage in 2024
Forbes
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Contributed by: Drex DeFord
Summary
In 2024, the importance of effective digital and cybersecurity governance has been underscored by a series of high-profile incidents that revealed vulnerabilities in organizational oversight. Stakeholders, particularly institutional investors, are calling for reforms as they recognize cybersecurity as a critical enterprise risk amid the disruption caused by advancing technologies such as AI. This has led to a demand for board members with specialized expertise in these areas, with initiatives like Berkshire Hathaway's proposed AI committee illustrating the push for stronger governance in response to evolving risks.