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Cybersecurity expertise lacking on corporate boards, study finds

By PulseAugur Editorial · [1 sources] ·

A recent study from Virginia Tech highlights a critical gap in corporate governance: the lack of cybersecurity expertise among board members. Researchers found that directors without specific cyber knowledge provide oversight that is largely symbolic, failing to perceive deficiencies that experts readily identify. This reliance on internal management for information creates a circular governance dynamic where the supervised entity shapes the oversight process. In contrast, financial expertise is a common and often mandatory disclosure, with only 14.7% of Russell 3000 companies in 2019 disclosing directors with cybersecurity skills, underscoring a significant asymmetry in board preparedness for emerging threats like post-quantum migration. AI

RANK_REASON The cluster discusses findings from a qualitative study published in Management Science regarding cybersecurity expertise on corporate boards. [lever_c_demoted from research: ic=1 ai=0.1]

Read on Forbes — Innovation →

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Cybersecurity expertise lacking on corporate boards, study finds

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The cluster discusses findings from a qualitative study published in Management Science regarding cybersecurity expertise on corporate boards. [lever_c_demoted from research: ic=1 ai=0.1]
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COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · J Nathaniel Ader, Forbes Councils Member ·

    ​Your Board Has A Financial Expert—Why Doesn't It Have A Cyber One?

    What a board needs is broad operating and governance judgment combined with enough cryptographic and technology-transformation experience to test management's assumptions independently.

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