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

Increasingly common risks in the cybersecurity perimeter are considered particularly dangerous for businesses. Therefore, this report by the Institute of Internal Auditors of Spain is aimed at audit committee members to raise awareness for such risks, and to point out ways to monitor these.

For this purpose, key questions are introduced to help explain the growing importance of cybersecurity matters and to highlight interdependencies with other business risks. Subsequently, this report helps to identify measures to mitigate and avoid such risks as well as discusses costs in a comprehensive view that may arise because of cyberattacks (e.g., costs for security breaches).

You can download the collaborative report here.