Cyber risks and data loss dominate director liability concerns

If cyber risks and data loss are the biggest concerns, has you governance, assurance and oversight frameworks been updated to reflect this shift? Do you give cyber risk as much attention (or more) as regulatory risk?

“65% of respondents say the risk of cyber attack is very significant or extremely significant, while 63% say the same of data loss. Regulatory risks ranked fourth in this year’s survey, cited by around half of respondents as either very or extremely significant.”

ICAEW: Cyber risks and data loss dominate director liability concerns