Esfera Consejeros - Cyber security, a systemic risk to watch over

31-05-2022

This report provides a comprehensive overview to help Audit Committee members properly prioritize and monitor one of the greatest business risks. 

Key questions will be outlined to understanding why the cyber security perimeter has expanded, its connection with other risks, the greatest threats, the costs of a cyberattack and what can help to mitigate it. The question is not whether there will be attacks, but when. We need to be prepared.

Click here to read the report.

 

About Esfera Consejeros
Esfera Consejeros is an initiative directed at members of the Audit Committee.

This service provides analysis, synthesis and knowledge from a perspective of Internal Audit rigor, quality and independence.

Our objective is to provide the knowledge and transversal viewpoint characteristic of internal auditors, and thereby contribute towards enabling board members’ oversight of the complex business world and its realm of risks.

The service draws on different publications, RiesgosClave, EnFoco and EnRuta, which will be addressing relevant issues of business life at different levels and focus.

One aspect that sets it apart is the Internal Auditor’s perspective with respect to the issue being analyzed: What are the key questions we need to raise? What concerns do the Internal Auditors have, and where and how do they act in order to provide assurance and comfort? All of these are questions that are relevant to the Audit Committee in its oversight and control duties.

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