Digital And Cyber Governance Leading Practices Assessment
If your Audit Committee is still overseeing cyber risk, this is your starting point. And we'll not just assess how you are governing the cyber risk downside, but also your boardroom policies and practices in governing the digital upside.
The boardroom is a key control in cyber risk mitigation. Treat it like one by understanding and assessing your governance practices against our leading practices framework and your peers. Research has also shown that companies with digitally savvy boards have much stronger revenue growth, profitability and market cap growth rates.
Our digital, cybersecurity and systemic risk governance practices assessment uses Computer Assisted Qualitative Data Analysis Software (CAQDAS) and techniques to apply our proprietary DiRECTOR(TM) framework to assesses boardroom skills, structure and scope of risk oversight disclosures. Our analysis, assessment and report (DICY Report Card) provides a narrative and overall grade to a public company boardroom's digital, cybersecurity and systemic risk governance policies and practices. Assessments are against our leading practices framework and maturity model and we can also provide a benchmark against peer companies.
Full Board Briefing On Systemic Risk And Cyber Governance
Corporate directors need to understand the latest developments and issues in digital and cybersecurity risk oversight including systemic risk. We're the leading experts in advancing director understanding and competencies in digital and cybersecurity governance and systemic risk.
Our boardroom briefings are 2-3 hours in length and can be delivered online or offline and cover a range of topics including:
- Systemic risk in digital business systems and the DiRECTOR(TM) framework for digital and cybersecurity systemic risk oversight.
- Leading practices in digital and cybersecurity risk oversight.
- Regulatory and legislative issues and trends.
DDN boardroom briefings help:
- Develop corporate director digital and cybersecurity oversight abilities and understanding of systemic risk.
- Keep directors current on regulatory trends.
- Help corporate boardroom effectiveness in digital and cybersecurity risk oversight.
- Demonstrate and document good faith in cybersecurity risk oversight.
Cyber Risk Economic Impact Assessments
Companies need to understanding the potential economic impacts of cyber risk to determine their materiality pursuant to the 2018 SEC Guidance on Public Company Cybersecurity Disclosure (17 CFR Parts 229 and 249). The SEC states:
"...we expect companies to disclose cybersecurity risks and incidents that are material to investors, including the concomitant financial, legal, or reputational consequences."
We provide rapid economic impact assessment services and annual/quarterly assessments as part of our partnership with X-Analytics.
Or individual directors and technology executives can join a DDN Masterclass to learn about systemic risk and governing digital and cyber risk.
Full Board Certification And Digital Director Development
Together with our partner International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, we've developed the only full-board development and certification program to make any corporate board a digitally savvy one. The Corporate Director's Digital Council (CDDC) program is focused on both digital offense and defense and combines the best of DDN and IDC to document, develop and maintain each corporate director's digital and cyber competencies. A highly customized program, it allows individual directors to develop and maintain digital and cyber competencies.
Recruit A Digital Or Cybersecurity Director
If you are looking to add digital and cybersecurity savvy corporate directors to your board, we can help.
Our membership represents the leading boardroom competent technology executives and digital directors. Over 20% of them have gone through our leading systemic risk, digital and cyber security governance masterclass. Our members are part of the only organization advancing the practice and profession of digital and cybersecurity risk oversight. Many of our members are interested in pursuing boardroom service and we want to actively help corporations bring these competencies into the boardroom. Learn more here.
For Directors, By Our Digital Directors
Our briefings and services are delivered by a select group of DDN members and our CEO, Bob Zukis.
Our boardroom briefing faculty are some of the world's leading corporate governance professionals in digital and cybersecurity risk oversight. Many of our faculty are, or were, private and/or public company corporate directors. They all have significant management and executive experience in IT and cybersecurity and they all would meet the likely SEC definition of a boardroom Qualified Technology Expert (QTE).
DDN has over 500 curated members with a broad range of digital, cybersecurity and corporate governance experience.
Digital success starts at the top. We'll help you make sure it starts in your boardroom.
Contact Us To See How We Can Help