Which of the following contemporary business issues is increasingly present in committee and board discussions?

The increasing relevance of cybersecurity in committee and board discussions is largely due to the heightened risk and frequency of cyber threats that organizations face today. With the advancement of technology and the expansion of digital operations, boards recognize that cybersecurity is not just an IT issue, but a critical component of overall corporate governance and risk management.

Board members must understand the implications of cyber incidents not only on the organization’s operations but also on its reputation, financial standing, and compliance with regulations. Cybersecurity breaches can result in significant financial losses, legal repercussions, and damage to stakeholder trust. As a result, boards are compelled to engage with cybersecurity at a strategic level, ensuring that there are adequate defenses in place and that the organization is prepared to respond effectively to potential threats.

This focus on cybersecurity reflects a broader trend of prioritizing risk management and resilience in the face of evolving business challenges, making it a central topic in contemporary business discussions.