Who on the Board Should Own Cyber Risk?

Cindy Fornelli on cyber risk

This Quick Clip looks at the issue of cyber risk, and who on the board should have the responsibility of oversight. Host TK Kerstetter asked Jon Foster (Audit Chair, Masonite International Corp.) and Cindy Fornelli (Executive Director, Center for Audit Quality) whether the board should consider forming a dedicated risk committee. Interestingly enough, there is not agreement as to whether a risk committee is appropriate, which fits the attitude of the current boardrooms. But, all participants agree that each company is unique that there are many ways to successfully oversee risk.

» Watch full episode here.