Cybersecurity High: How Not Getting ‘Cyberpunked’ Became the New Boardroom Drama
In the corporate world, the stakes have been upped. Forget about printer issues, it’s all about cyber risk oversight now. Glass Lewis & Co. has updated guidelines that could see directors booted if they fumble cyber-attacks. It’s like high school, but with hackers as bullies and proxy advisory firms as principals. High drama indeed!
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Oh, the times they are a-changin, folks! It used to be that a company's biggest worry was making sure the coffee machine worked or the printer had ink. Now, it's all about making sure cyber bad guys don't swipe your digital lunch money. And as if that wasn’t enough, Glass Lewis & Co. just issued new guidelines that basically say, "Hey directors, if your company gets cyberpunked and you don’t handle it well, we might tell investors to give you the boot." It's like being in high school again, except the bullies are hackers and the principals are proxy advisory firms. Fun times!Already a member? Log in here