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Episode 28: Governance and Risk in the Board Room

Oct 15, 2020 9:28:27 AM

Episode 28 of the podcast covers a director’s and officer’s view of mission-critical privacy and cyber security issues with Reed Smith LLP Partner Gerard Stegmaier.
 

Outline:

  • Question 1 (03:13): What are the NACD’s guiding principles for effective cyber-risk oversight? Do boards actually follow these principles?
  • Question 2 (08:50): With regard to governance and cyber risk management frameworks, when a cyber incident occurs, what are companies doing right and wrong in addressing this interplay?
  • Question 3 (12:57): What role do these principles play with D&O insurance?
  • Question 4 (16:16): How detailed have you seen board rooms get on how to classify risks.
  • Question 5 (21:13): Understanding that security incidents are inevitable, how do you advise clients to work with outside experts? Should everything be under privilege that relates to a potential vulnerability that may result in a future breach?

 

 

 


 

Written by Nisos

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