Why Cybersecurity Should Be a Board-Level Priority in Every Company - Perspective from Serhii Mikhalap
Cybersecurity has become one of the most important issues for boards of directors worldwide. This article highlights why you must treat cyber defense as a strategic priority, emphasizing the risks companies face when executives leave it to IT alone. Read the article for critical insights into the role governance plays in building resilient security strategies. Then, contact Superior Turnkey Solutions Group to talk about how we can help align cybersecurity with your leadership priorities.
Why is cybersecurity a board-level priority?
Cybersecurity has evolved into a critical component of corporate governance due to the increasing sophistication of online threats and the rising costs associated with breaches. As Serhii Mikhalap points out, treating cybersecurity as a checkbox exercise can lead to significant vulnerabilities. Boards need to oversee strategic risks, and with cyber risks becoming a major concern by 2025, integrating cybersecurity into board discussions is essential for protecting the organization’s reputation and financial health.
What are the consequences of neglecting cybersecurity?
Neglecting cybersecurity can lead to severe consequences, including financial losses, erosion of trust, and potential legal repercussions. Mikhalap emphasizes that a breach can derail critical business activities such as IPOs or mergers and acquisitions. In regulated industries, the stakes are even higher, with fines and lawsuits being common outcomes. Additionally, companies that do not invest in cybersecurity risk falling behind competitors who prioritize resilience.
How can boards improve their cybersecurity posture?
Boards can improve their cybersecurity posture by integrating cyber risk into enterprise risk management, hosting educational workshops, and conducting independent assessments. Regular briefings from CISOs or external experts can help board members understand the technical aspects of cybersecurity. Additionally, scenario planning and aligning budgets with the company’s digital footprint and threat exposure are crucial steps to ensure that cybersecurity is treated as a business enabler rather than just an IT issue.
Why Cybersecurity Should Be a Board-Level Priority in Every Company - Perspective from Serhii Mikhalap
published by Superior Turnkey Solutions Group
Superior TurnKey Solutions Group (STSG) is a dynamic Computer Infrastructure Reseller in the North Texas and Oklahoma markets. We are a private company focused on providing Small to Medium businesses and agencies with the “best of breed” software and hardware tools to manage, monitor, secure and control their Microsoft based Virtualized operations. STSG is an Infrastructure solution partner with the best technology vendors in the industry today and going forward.
STSG began operations in Spring of 2007 to provide Microsoft Infrastructure Services around Citrix Virtualization, Exchange, SQL, SharePoint, and Active Directory with Dell as a Premier Certified reseller service organization. STSG has expanded the company these last few years, including its security Services and software development. STSG has opened a Sales and Support office Tulsa, Oklahoma office with Finance, Sales, Marketing, and Operations in Dallas, Texas area.
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