Many regulators consider the growing tide of cyber incidents to be more of an abdication of corporate responsibility than a threat to national security.
Boards of directors are comfortable monitoring operational risk and fraud, but managing cyber risk is a totally different animal, finds a new study.
Research by McKinsey points to a widening range of technology vulnerabilities and potentially huge losses in value tied to innovation.
Directors and officers need to understand how to improve their insurance policy's response to cyber risk.
When senior managers don't follow information-security policies, they set a dangerous and destructive tone.
Many companies are aware of cyber threats, but preventing attacks takes more than having the right firewalls and software.
A new breed of internet-security firms are encouraging companies to fight back against computer hackers.
Virtually all organizations are prone to data breaches, which, according to recent research, cost an average of $5.5 million each.
