Board Oversight of Cyber Risks and Cybersecurity

IMD outlines how regulators hold boards accountable for cyber risk from the top down, emphasizing that directors bear ultimate responsibility and can face lawsuits or removal if they fail to act. It details practical oversight of cyber preparedness, including defining risk appetite, setting escalation thresholds, and overseeing incident response and disclosure. This gives mid-market boards a concrete framework for turning cyber oversight into defensible governance.