The authors describe how systemic risk should be factored in as a board priority and how to enhance preparedness. They argue that in terms of bolstering cybersecurity, the corporate boardroom is “too frequently a nonexistent or underperforming control point for many organizations.” Zukis and Barsky go on to discuss the vulnerability of today’s highly connected and complex systems to systemic risks that can cause damage to the entire system. Finally, their article illustrates how boardroom mechanisms for governing digital and cyber risk can benefit enterprises.
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