Board Cybersecurity Awareness Level

Board Cybersecurity Awareness Level

Proof Point

Deloitte corporate governance survey discovered large cap companies' boards have greater level of cybersecurity risk awareness compared to smaller firms

Board Cybersecurity Awareness Level

2016 (percentage of respondents)

Note: Data based on Deloitte’s 2016 Board Practices Report on 189 public company members of Society for Corporate Governance, comprising of corporate secretaries and governance professionals. Categorization based on market cap by December 31, 2015 (small = < $700 million, mid = between $700 million and $10 billion, large = > $10 billion)

Proof Point Findings

  • Overall Awareness – Six in ten surveyed companies have high level awareness of cybersecurity risks
  • Differences by Capitalization – More large cap companies reported high board cybersecurity awareness at 72%, compared to medium (60%) and small (47%) companies
  • Key Drivers – Include increasing digitization of business transactions, proliferation and growing sophistication of cybersecurity threats, and heightening demand for cybersecurity professionals among firms

Accelerator

Business Model and Practices

Business Model
and Practices

Sector

Cross-sector

Source

Date Last Updated

July 15, 2017

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