Cybersecurity Crisis: Why Boards Must Wake Up or Risk Falling Behind

Cybersecurity belongs in the boardroom. It’s not just about firewalls; it’s about survival, trust, and serious risk management. Serhii Mikhalap stresses it’s everyone’s problem, not just IT’s. Boards need to ask the right questions, or risk playing catch-up after the damage is done.

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Hot Take:

Cybersecurity is like that high school friend you only called when you needed math homework help. But now, it’s the life of the party, and it’s time the boardroom gives it a permanent seat at the table. After all, in today’s digital world, ignoring cybersecurity is like playing Russian roulette with a loaded spreadsheet!

Key Points:

  • Cybersecurity is now a boardroom priority due to increasing online threats and costly breaches.
  • Serhii Mikhalap argues that cybersecurity should be a strategic pillar, not a checkbox exercise.
  • Mikhalap calls for regular board-level briefings to prioritize cybersecurity as a strategic risk.
  • Inaction can lead to financial losses, reputational damage, and competitive disadvantage.
  • Progressive boards are integrating cybersecurity into enterprise risk management and education.

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