CIO Peer Forum

Breakout Session: Guardians of digital trust: Enabling a cybersecurity-driven board in the age of AI (Bow Valley Room – Lower Level)

Friday May 31, 10:25 am - 11:10 am
Sponsored by BDO Canada LLP

Session Description

As organizations aggressively pursue technology-driven innovation and AI, boards of directors will need to assume more oversight of cybersecurity. Our experience in the field tells us that confidence in any digital transformation initiative, and its ultimate success in driving business value, hinges on cybersecurity being integrated from the start. The challenge? Most boards are inexperienced in this area. Research shows that only nine percent of Fortune 200 and 500 companies have a director on their boards with relevant cybersecurity experience. That percentage drops further when looking at smaller enterprises. To help bridge the gap, this session will help CISOs and technology leaders build enhanced relationships with their boards and give them practical tips on how to:

• Communicate with the board and help them connect the dots between value creation (driven by digital transformation) and the business value implications of the associated security risks

• Put cybersecurity at or near the top of the board agenda through more frequent security briefings and integration of cybersecurity updates in broader enterprise risk reports

• Approach board education on evolving cybersecurity risks and protection measures

• Propose changes to security governance