If it seems like board directors have been paying more attention to security, the governance survey confirms it: Cybersecurity threats ranked third in the list of top concerns for the next 12 months, coming in just behind change in regulatory climate and the chance of an economic slowdown. Cybersecurity isn’t the only data- or technology-related issue concerning boards, with pace of technological change coming in sixth place.
Board directors are also keenly aware that security and IT don’t happen in a vacuum — and that they need to be able to attract and retain talented individuals to work in those areas, which is represented by the seventh top concern: key talent deficits.
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