#cyber risk continues to be poorly communicated to C-suite executives, according to #auriga consulting. The monopolization of the risk management function by IT and security consultants and poor knowledge transference through the use of jargon, acronyms and buzzwords is frustrating efforts to move risk into the board room.
This misinterpretation of risk is endangering the decision making process and ultimately future economic development. To counter this, Auriga recommends risk should be treated as a strategic dynamic process and a dialogue created and maintained with the board, with risk regularly assessed and the risk register adjusted accordingly.
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