The board's crucial role in navigating the next major crisis

PwC (Jul 1, 2025) "The board's crucial role in navigating the next major crisis" argues boards are navigating an era of profound and persistent volatility where ransomware, environmental disasters, unplanned CEO departures and other shocks make crisis a recurring rather than rare event. Headline data: of directors whose boards have conducted tabletop exercises in the last 12 months, the majority — 81% — focused on a cybersecurity breach, while other critical scenarios such as supply-chain disruption, natural disasters and geopolitical crises are far less frequently tested. The piece urges right-timed board notification protocols and a comprehensive response, noting companies are judged on response quality as much as on the underlying issue. Direct read-out for SEA mid-market boards over-rehearsed on cyber and under-rehearsed elsewhere.