Bloomberg BNA’s Corporate Law & Accountability Report is available on the Corporate Law Resource Center. This news service keeps corporate practitioners informed of legal developments of...
June 11 — Corporate boards may be better able to assess their understanding of cybersecurity risks using tools released this week by the National Association of Corporate Directors (NACD), according to the group's president and CEO, Ken Daly.
NACD, the American International Group and the Internet Security Alliance put together the latest issue in the NACD's Directors' Handbook Series—“Cyber-Risk Oversight”—which provides boards with “practical tools,” including “self-assessment questions” and “guidelines for conversations with management,” Daly said in a June 11 news release announcing the issue.
“Ninety percent of directors participating in our latest governance survey indicated they would like to improve their understanding of cybersecurity risk,” he said.
The publication is organized around five key principles and covers a wide spectrum of board-level considerations related to oversight of cybersecurity, including board composition, liability implications, disclosure issues, access to expertise and risk-appetite calibration, the release said.
Boards should adapt the handbook's recommendations based on their company's unique characteristics, including size, life-cycle stage, business strategy, industry sector, geographic footprint and culture, the release said.
The news release, along with a link to NACD's Director's Handbook Series, Cyber-Risk Oversight, is available at http://www.nacdonline.org/AboutUs/PressRelease.cfm?ItemNumber=10689.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)