November 13, 2015
Last month the New York Stock Exchange (NYSE) released their “definitive cybersecurity guide for directors and officers.” Given the rise in cybersecurity incidents and growing sophistication of cyber criminals disrupting critical business processes, directors and officers are under more scrutiny than ever before to maintain effective cyber incident management protocols across the enterprise. While cyber incidents may vary based on different circumstances, the NYSE suggests a phased approach to cybersecurity incident management overseen by a chief information security officer (CISO).

Recommended best practices include:
  • Empowering the CISO before a crisis;
  • Create, implement, and periodically test your cybersecurity incident response plan; and
  • Be prepared to communicate cybersecurity incidents internally and externally.
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