US New Cyber Rules -Check list for Boards

US New Cyber Rules -Check list for Boards

Released Monday, 28th August 2023
Good episode? Give it some love!
US New Cyber Rules -Check list for Boards

US New Cyber Rules -Check list for Boards

US New Cyber Rules -Check list for Boards

US New Cyber Rules -Check list for Boards

Monday, 28th August 2023
Good episode? Give it some love!
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Episode Transcript

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0:00

a message from Yusuf Azizullah, CEO of Boardroomeducationcom

0:05

Summary of the US Securities and Exchange Commission's

0:05

(SEC) new rules on cybersecurity risk management,

0:11

strategy, and incident disclosure for executives and

0:11

board of directors

0:16

Executives and board members should adhere to the

0:16

following measures to comply with the new rules:

0:21

Appoint a Chief Information Security Officer (CISO)

0:21

with the necessary authority and resources to effectively

0:28

manage cybersecurity risks within the organization.

0:31

Develop and implement a comprehensive cybersecurity

0:31

risk management program comprising policies, procedures,

0:36

and controls that aim to mitigate cybersecurity risks.

0:40

Regularly conduct risk assessments to identify and

0:40

prioritize potential cybersecurity risks.

0:46

Implement appropriate measures to minimize identified

0:46

risks and safeguard against cybersecurity threats.

0:52

Consistently test and monitor the effectiveness of

0:52

the cybersecurity risk management program to ensure

0:57

its ongoing suitability and efficacy. Promptly disclose material cybersecurity incidents

1:00

to investors, ensuring transparency and accountability.

1:06

By following these steps, executives and board members

1:06

can best safeguard their companies against cybersecurity

1:12

risks, promoting overall protection and resilience.

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