Question

In: Accounting

Which of the following would the board of directors of an organisation most likely need to...

Which of the following would the board of directors of an organisation most likely need to know as part of their organisation’s cyber security risk reporting framework:

Select all that apply.
1. Cyber security budgets 2. Feedback on cyber security events 3. Leadership roles for cyber security 4. Links between cyber security objectives and organisational objectives 5. Officers responsible for making cyber security decisions 6. Vendor due diligence

Solutions

Expert Solution

Cyber security is an upcoming necessity in the current world. As the companies are becoming vulnerable to different risks in the cyber space day by day, the need for introduction of cyber security becomes a pre-requisite. Cyber security refers to the body of technologies, processes, and practices designed to protect networks, devices, programs, and data from attack, damage, or unauthorized access. Cyber security may also be referred to as information technology security.

For the same, our of the options given in the question, the following points need to be taken atmost care by the board of directors of the company:

  1. Cyber security budgets
  2. Feedback on cyber security events
  3. Links between cyber security objectives and organisational objectives
  4. Officers responsible for making cyber security decisions

If the management and the board take atmost care of the same, they will be able to efficiently introduce necessary measures for cyber security.


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