In the AI era, business governance means safeguarding trust

World Economic Forum (Oct 8, 2025) "In the AI era, business governance means safeguarding trust" anchors the case in the average data-breach cost of $4.45 million per incident — with reputational damage and lost customer confidence often eclipsing the direct financial hit. The article argues good governance defines the outcomes it exists to protect — integrity, accountability, transparency and resilience — then works backwards to the minimum mechanisms required. AI transformation and cyber-risk defence are the two items dominating board agendas as AI both amplifies cyberattacks and is itself targeted; several organisations have expanded the CISO role, drawing on its independence from day-to-day operations and existing accountability for risk and control. Direct relevance for SEA mid-market boards revising tech-risk charters.