Risk Management

Cybersecurity has moved to the front burner for CEOs and boards of financial services firms. With cybersecurity at the forefront, it is no surprise that the demand for Chief Information Security Officers far outstrips the supply. Beyond the challenge posed by short supply lurks an even bigger hiring challenge: Choosing the right person for the job. Sheffield Haworth recommends taking the following steps to set the context for cybersecurity in your organization.

In a recent report Sheffield Haworth identifies trends within the insurance industry that mitigate risk. In the report they identify regulatory changes as one of the major drivers impacting the day to day functions of C-Suite professionals.

Korn Ferry recommends several ways to get directors to understand the necessary procedures without all the tech jargon.

In a volatile global economy, prompt and restorative action is needed. The method used by companies to achieve restoration is often through cost-cutting. As a significant percentage of operating costs lie in staff, companies often react with layoffs. When the economy rebounds, the organization will increase employment and resume their recruiting efforts. A method Daubenspeck and Associates’ Ken Daubenspeck coined ‘binge and purge search and selection’.

In this article, Stanton Chase discusses how corporate information technology roles have gained increased importance in their respective firms. The rise in importance in these roles is due to technology's essential role in running a business.

New research from Russell Reynolds Associates identifies five key leadership issues that board directors and CEOs need to be aware of around the growing topic of information and cyber security.