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Digital Diversity News Is Good News

  • 12 Oct 2018 by Digital Directors Network

    Article includes insights from DDN Members Kathryn Hayley, Tom Bennett and Bob Zukis.

    Board Cyber-Risk Concerns After Alleged Chinese Chip Hacking

    Article published on October 12, 2018

    By Lindsay Frost

    A recent Bloomberg seriesalleges that a Chinese microchip manufacturer infiltrated servers at AmazonApple and an unnamed telecommunications company to spy on trade secrets and other intellectual property. Although the companies have denied the existence of the chips purchased from Super Micro Computer Inc., the news has ignited the fear of widespread hacking among companies.

    This comes as regulators continue to pressure boards to disclose how they are overseeing cyber security-related issues, such as risk mitigation around hardware hacking. Similarly, companies are increasingly trying to bring C-suite technology-focused executives directly onto the board for their insight.

    We're not able to reproduce the entire piece due to FT Agenda copyright, however FT Agenda subscribers can access the full article, please go to:

    www.agendaweek.com

  • 01 Oct 2018 by Digital Directors Network

    Celebrate #NationalDigitalDirectorsDay With A Call For Corporate Boards To Respond To Their Amazon Moment

    The Future Of Business Needs Corporate Boards To Improve Their Technology and Cybersecurity Oversight To Shape and Secure The Digital Future

    Every corporate board lives in fear of Amazon entering their industry.”

    —Bob Zukis, DDN CEO

    EL SEGUNDO, CA, USA, October 1, 2018 /EINPresswire.com/ -- Digital Directors Network (DDN) www.digitaldirectors.network the only association of technology and cybersecurity executives and directors working to improve corporate digital governance has declared October 1st #NationalDigitalDirectorsDay. DDN encourages the public to show their commitment to the digital future by calling on the companies they do business with to add a Qualified Technology Expert (QTE) to their corporate board with the hashtag #NationalDigitalDIrectorsDay and #QTE.

    “It’s 10-01, what a perfect day for corporate boards to make sure they have the right technology and cybersecurity skills in their director ranks,” said Bob Zukis, DDN CEO who will make the announcement today at the National Association of Corporate Directors Global Leadership Summit in Washington, DC.

    Zukis calls this the Amazon Moment for corporate America. “Right now the cybersecurity risks are the headlines, but this is only one side of the story. It’s been said the software is eating the world, well, it’s more like Amazon is eating the world and they are doing it through technology. Every board lives in fear of Amazon entering their industry.”  

    Zukis, who is also a Professor at the USC Marshall School of Business refers to this as “opportunity risk” when speaking with corporate boards. “The future of business has a digital backbone, and corporate boards need these skills to advise and guide their companies,” he adds.

    Recent boardroom survey data identified risk, security and new technologies as the hardest issues corporate directors are struggling to keep on top of.

    Working in the public interest, DDN is leading an effort to change the digital tone at the top of corporate America. “Cybersecurity is a public interest issue and SEC Commissioner Jackson has called it the most pressing issue in corporate governance today. As consumers we need the companies we choose to do business with to do a better job with cybersecurity, and this starts in the boardroom. We're better than this,” Zukis added.  

    DDN recommends that boards add a Technology and Cybersecurity Committee to effectively address these issues and calls for Qualified Technology Experts to serve on corporate boards. 

    About DDN  
    DDN is a boardroom engagement and education platform for directors and the only curated executive association of board qualified technology and cybersecurity experts, directors and organizations working to improve corporate digital governance. Membership is free for board ready digital and cybersecurity executives and directors.  

    For more information please email info@digitaldirectors.network.

    Bob Zukis
    Digital Directors Network
    310-528-9945

  • 05 Sep 2018 by Digital Directors Network

    DDN Calls for a Technology & Cybersecurity Committee on US Public Company Boards

    Improving America’s Digital Tone at the Top to Shape and Secure Our Digital Future

    September 05, 2018 08:24 AM Eastern Daylight Time

    Los Angeles--(BUSINESS WIRE)--Digital Directors Network (DDN) www.digitaldirectors.networkthe only association of technology executives and directors working to improve corporate digital governance, calls on US public company boards to add a Technology & CybersecurityCommittee (T&C Committee) to improve digital oversight and support the public interest in shaping and securing America’s digital future.  

    SEC Commissioner Robert E. Jackson Jr. recently called the rising cyber threat “...the most pressing issue in corporate governance today.”  During his speech at Tulane’s Corporate Law Institute, he also commented that “...the digitization of our economy is revolutionizing the way business is conducted.”  

    A T&C Committee will allow corporate boards to bring a much greater degree of focus,  efficiency, knowledge and accountability to how they protect the information that the public entrusts them with as well as how companies use IT to create value. DDN also calls for at least one Qualified Technology Expert (QTE) to serve on the T&C Committee. 

    “The digital tone at the top has to improve in corporate America” said Bob Zukis, DDN CEO.  Zukisis also a USC Marshall School of Business Professor, governance expert, former software and PwC executive. 

    According to the CompanyIQ™ Cybersecurity& Board Oversight Intelligence Report

    from MyLogIQ (www.MyLogIQ.com), only 11% of the S&P 500 have technology committees and less than 1% have cybersecurity committees.  While audit committees are often tasked with cybersecurity oversight, MyLogIQ research indicates that 36% of the S&P 500 and 60% of the R3000 make no mention of board level cybersecurity oversight in their proxy filings.    

    “I’m hopeful we can avoid a similar Enron moment around IT governance” says Zukis.  The Sarbanes-Oxley Act of 2002 was born from the Enron collapose and required US corporate boards for the first time to have at least one qualified financial expert on their audit committee.    “Boards can address these IT oversight shortcomings themselves, or regulators will step in again.” 

    DDN helps boards improve digital governance to bring focus, knowledge and effectiveness to corporate oversight.   

    About DDN   

    DDN is the only curated association of digital and cybersecurity executives, directors and organizations working to improve digital governance.  Membership is free for digital executives and directors.  

    ###

    For information email info@digitaldirectors.network.

    Contacts

    Digital Directors Network
    Bob Zukis, CEO
    bob@digitaldirectors.network

  • 13 Aug 2018 by Digital Directors Network

    Article includes insights from DDN Members Jerry Sto. Tomas and Wayne Sadin.

    CIOs Don't Get IT

    By Amanda Gerut  August 13, 2018

    Chief information officers and other tech executives have bemoaned boards’ lack of understanding about IT, cyber security and technology for years. But now a new website aims to bring some of those backroom concerns to boards’ attention.

    The Digital Directors Network, which launched this summer, is a new resource for board-level education on IT, technology and cyber security. In addition, the Digital Directors Network (DDN) will maintain a curated list of CIOsand chief information security officers (CISOs), chief technology officers, chief risk officers and other technology executives for boards interested in recruiting new directors with tech expertise. The DDN initiative has partnered with security and risk management company NTT Security and the Marshall School of Business at the University of Southern California and plans to roll out short informational videos and other educational resources for board members more fully in the fall.The DDN announced a new partnership with artificial-intelligence powered public filing analysis company MyLogIQ last week. MyLogIQ will provide the DDN with research on evolving digital governance practices.

    We're not able to reproduce the entire piece due to FT Agenda copyright, however FT Agenda subscribers can access the full article, please go to:

    www.agendaweek.com

  • 07 Aug 2018 by Digital Directors Network

    External Link to Press Release

    AI Meets the Boardroom To Shape And Secure The Digital Future

    DDN and MyLogIQAlliance Will Improve Corporate Digital Governance To Serve The Public Interest

    NEWS PROVIDED BY

    Digital Directors Network 

    08:08 ET

    LOS ANGELES, Aug. 7, 2018 /PRNewswire/ -- Digital Directors Network (DDN) www.digitaldirectors.network and MyLogIQ- www.mylogiq.com have announced an augmented-AI powered information alliance to improve how US public corporations govern IT to shape and secure the digital future. The alliance will improve transparency, develop and disseminate leading practices and improve digital diversity in the corporate boardroom.   

    "The future of business runs through IT but data breaches are putting the digital future at risk," says DDN Founder and CEO Bob Zukis. "Digital success or failure starts at the top, with the board.  Corporations can be doing a much better job at both leading with IT, while also protecting the data we entrust them with." 

    Recent boardroom survey data indicates that technology, cybersecurityand digital disruption are the most important issues requiring more boardroom attention but that information technology expertise is the most underrepresented skillsetin the boardroom. 

    DDN launched in 2018 with the mission of putting CIOs, CISOsand other qualified technology executives into every corporate boardroom. "We're pushing the boardroom digital diversity agenda forward for all directors. This is a boardroom skillsetthat's long overdue and an issue that is squarely in the public interest," said Zukis.  

    MyLogIQwill provide DDN proprietary research on digital corporate governance practices for US public companies. MyLogIQ'sartificial intelligence (AI) engine TIME™ and augmented-AI Company IQ™ platform will research, structure and analyze hundreds of thousands of SEC filings and public company websites in real time.   

    GaneshRajappan, MyLogIQCEO and Founder said, "Our intelligence will improve transparency on leading digital governance practices. Armed with our intelligence, DDN will educate boards and get digital executives into the boardroom to not only do a better job of securing the digital future, but in shaping it as well."

    About DDN
    DDN is the only curated professional association of digital and cybersecurityexecutives working to improve corporate digital governance. Membership is free for qualified digital executives who want to work on boards to improve digital governance.  Visit www.digitaldirectors.network to apply for membership. 

    For more information please email info@digitaldirectors.network.   

    About MYLOGIQ
    MyLogIQis an innovator in AI powered multidimensional public company intelligence providing benchmarking, insight, and foresight. Visit www.mylogiq.com for more information.   

    SOURCE Digital Directors Network

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