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Cyber Risk is an Ever-Present Risk


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Alarmed by a proliferation of cyber attacks on high-profile businesses, many boards of directors are asking their executive teams,  “Could it happen to us?” Compounding the situation is the reality that many organizations may not be as effective at managing cyber threat risk as they are at managing risk in other areas, because cyber threats are both a relatively new and constantly evolving source of risk.

Corporate Board Member magazine asked Henry Ristuccia, partner, Deloitte & Touche LLP and Global Leader Governance, Risk and Compliance services, and Rich Baich, principal and Global Lead for Cyber Threat Management, Deloitte & Touche LLP, to offer their advice to boards needing a starting point for addressing cyber risk management.

Posted with permission from Corporate Board Member.

As used in this document, ‘Deloitte’ means Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, and Deloitte Tax LLP, which are separate subsidiaries of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

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