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Board Committee Oversight of Cybersecurity

Board Committee Oversight of Cybersecurity

Zscaler
Pages 4 Pages

The Zscaler report reveals that 71% of S&P 500 companies delegate cybersecurity oversight to their audit committees, while only 4% have dedicated cybersecurity committees. Industry differences show energy companies mostly using audit committees, whereas financial services often rely on risk committees for cyber risk oversight. The findings underscore the varying approaches to managing cybersecurity at the board level, with specialized oversight still being relatively uncommon.

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