Cyber attacks and data leakage are daily threats to organisations globally, reminding us that we are all potential targets of this type of threat. Attorneys are discussing the potential risk of individual liability for corporate directors who do not take appropriate responsibility for oversight of cybersecurity.
The process for closing that gap should not be a mystery. Taking a proactive approach to improving cybersecurity governance - the dots between IT and the business, and providing the board with the information it needs - can help position the company and the board to more selectively address the evolving threat and implications of a major cybersecurity breach.
© 2020 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.