The Cybersecurity Governance Group oversees the organization’s cybersecurity strategy, policies, and initiatives. This group is responsible for aligning cybersecurity objectives with business goals and risk tolerance.
Key responsibilities of the Cybersecurity Governance Group include:
Developing and implementing a cybersecurity strategy and policies aligned with business needs
Overseeing cyber risk assessments and ensuring risks are appropriately managed
Setting security priorities, budget and resource allocation for cybersecurity programs
Monitoring effectiveness of security controls and compliance with policies and regulations
Promoting security awareness and culture throughout the organization
Reviewing and approving major cybersecurity projects and expenditures
Receiving regular reports on cybersecurity metrics, incidents and program status
Providing executive oversight and direction on strategic cybersecurity matters
The Cybersecurity Governance Group consists of senior leaders from IT, security, legal, risk management, and business units. The Group meets quarterly and reports regularly to the Board of Directors on cybersecurity issues and status. Effective cyber governance ensures cyber risks are managed appropriately while enabling the organization to meet its overall objectives.
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