- RSA, The Security Division of EMC (NYSE: EMC), alongside Carnegie Mellon CyLab highlight Carnegie Mellon CyLab's new 2012 Governance Report, the first global analysis of how boards and senior executives are managing cyber risks by geographical region and industry sector.
- The report reveals the complexities associated with governing privacy and security risks, with survey data revealing a gap in board-level understanding of the linkage between IT risks and enterprise risk management.
- The report offers 12 recommendations to help improve the governance of enterprise security.
- The findings confirm the belief among security experts that, overall, the financial sector is better following security best practices versus the energy/utilities, IT/telecom, and industrials sectors. All sectors, however, are not undertaking critical governance activities such as reviewing cyber insurance coverage, assigning key privacy and security responsibilities and receiving regular reports on cyber risks and incidents.
- Results indicate that North American boards are lagging behind Asian and European boards in undertaking key activities associated with best practices for privacy and security governance.
Top Executives In Critical Infrastructure Cite Need For Improvement In Managing Cyber Risks
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