Cybersecurity Assessments – Using the Tool Well

Are you considering a cybersecurity assessment? If you heard Venable's presentation, "New Cybersecurity Framework Released: What You Need to Know," you might be.

The Framework places increased emphasis on organizational cybersecurity risk management. NIST states in the Framework that "organizations responsible for Critical Infrastructure need to have a consistent and iterative approach to identifying, assessing, and managing cybersecurity risk." Sectors not considered to be Critical Infrastructure are likely subject to similar expectations. For instance, the SEC has indicated that "risk oversight is a core competence" of the boards of publicly held companies, and there can be little question today that cyber risk is an elemental component of many businesses' risk portfolios.

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Topics:  Board of Directors, Cybersecurity, Cybersecurity Framework, Data Protection, NIST

Published In: Energy & Utilities Updates, Finance & Banking Updates, Health Updates, Science, Computers & Technology Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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