Introduction
It’s a challenging time for public and private sector organisations as boards increasingly understand they need to manage cybersecurity, ICT, and digital risk. Directors and officers face daily the media reports of cyber events and cybersecurity threats, that demonstrate the effects of complex cyber, ICT and digital risks to organisations like theirs. Risks that are demonstrated to have effect on top and bottom line.
Risks that are increasingly being regulated, adding to the already significant legal and compliance burden boards and executive committee members face. Regulations that include the Securities and Exchange Commission’s cyber rule, and the European Union’s Network Infrastructure Security Act 2 (NIS 2) and Digital Operational Resilience Act (DORA). These regulations require covered boards demonstrate cybersecurity risk management governance, oversight, and assurance.
Veritas GRC and Schellman LLC
We at Veritas GRC are pleased to announce we have joined forces with our trusted partner Schellman LLC in developing and delivering a cybersecurity risk management program for boards, executive committee members and those charged with the oversight and assurance of cybersecurity risk management. This program provides directors and officers with the understanding of the fundamentals of cybersecurity governance, risk management, cybersecurity programs and what directors need to consider when they oversight and assure cyber risk. Oversight and assurance that is required to demonstrate regulatory compliance of cyber.
Introducing directors and officers to the role regulation plays in transferring risks on to their financial statements and the relationship between regulation and insurance in proactively mitigating risk ‘left of bang’. We discuss how cybersecurity programs secure their enterprise and how boards demonstrate reasonable and adequate compliance over cyber regulation and ICT risk management.
We at Veritas GRC and Schellman LLC are ready to train, coach and advise your board and accountable executives toward a ‘left of bang’ proactive cybersecurity risk management strategy and when boards are fully prepared Schellman LLC is here to provide that third party assurance needed to satisfy a board’s stakeholders.
If you want to know more, fill out the form below and connect with a member of the team.