Globally, companies are under increasing pressure to disclose cybersecurity breaches. It’s less and less an option to shove a breach under the table until you learn something truly horrific that must be disclosed.
Al Dominick, CEO of DirectorCorps, interviews key industry leaders about the latest cyber threats, and how corporate leaders can work with the government once a data breach has occurred.
The next major cyber threat isn’t in the healthcare industry. It isn’t banking, either, thanks in part to both of those industries’ strict regulations. Manufacturing is undergoing a transformation that will increase risk in that industry, so is that the next major area at risk of cyber threats?
Companies and boards should consider a public outrage as a potential risk to their reputation and operations, and prepare a crisis management response playbook.
The very technology that helped the oil and gas industry gain efficiency is now creating additional risks. The Internet of Things, IoT, which refers to the growing inter-connectedness of devices, has helped the oil and gas industry to monitor its operations. But with so many connected devices, cyber thieves have greater access to hack into a company’s system undetected and wreak havoc, financially, reputationally, and operationally.
Another proxy season is underway—leaders beware. Although the usual concerns of corporate governance, executive compensation and regulatory disclosures abound, new, specific worries sit under each of those umbrellas. Under compensation, one proxy advisory firm has a new way to evaluate compensation metrics. Within the disclosure realm, the optics of pay ratio disclosure will continue to create flashy headlines in 2019. Approach with caution.