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{Cyber Byte Video} Cybersecurity for Directors

According to FFIEC guidance, the "board of directors sets the tone and direction for an institution's use of IT." What does a Board need to be doing to demonstrate that they value the cybersecurity risk in your Information Security Program and can be a "credible challenge to management"? This video will cover how the Board can get actively engaged in cybersecurity by asking the right questions and understanding the riskiest areas of the institution. If the Board of Directors and Senior Management don't value cybersecurity risk, should anyone else?


SBS Resources:

  • {Blog} Cybersecurity Primer for Directors: A community bank Board of Directors is typically composed of business leaders often selected for their community knowledge and business development potential. An understanding of cybersecurity is rarely a pre-requisite for a Director, but perhaps it’s time to reconsider their technical knowledge.
  • {Hacker Hour} Taking Cybersecurity From the Basement to the Boardroom:  Regulators have made it clear that cybersecurity risk management and oversight is ultimately the responsibility of the Board of Directors. In theory, it makes sense for the board to be interested and engaged in what is going on in cybersecurity, however, that is not the case in some situations. For this Hacker Hour, we went straight to the source. We asked a selection of past Hacker Hour attendees to share the most common issues they struggle with when communicating cybersecurity needs to their Board. 

 

Related Certifications: 

Join our growing community of financial service professionals showing their commitment to strong cybersecurity with a cyber-specific certification through the SBS Institute. Click here to view a full list of certifications.

Certified Banking Security Executive


Hacker Hour webinars are a series of free webinars hosted by SBS CyberSecurity. Unlike paid webinars, Hacker Hours are aimed to meet on a monthly basis to discuss cybersecurity issues and trends in an open format. Attendees are encouraged to join the conversation and get their questions answered. SBS will also offer products and services to help financial institutions with these specific issues.

Posted: Thursday, March 22, 2018
Categories: Blog, Videos