Risk Oversight on Bank Boards

While most organizations understand the value and necessity of risk oversight, banks boards face a pressure which is unique to most other industries. The worst-case scenario in failing to monitor and mitigate risk is always devastating, but unlike other organizations, banks are also burdened with their depositor’s financial well-being. Let’s take a closer look at how banks are handling their risk oversight and what they could be doing better.

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A Cybersecurity Overview for University Board Members

“Cybersecurity” is the perfect buzzword. The amount of sensitive data vulnerable to hacking or phishing attempts grows by the day. The intricacy of methods used to compromise that data is increasing at a far faster rate than the development of effective countermeasures. High risk and high stakes have made the importance of the word abundantly clear. At the same time, addressing the issue of cybersecurity requires highly specialized knowledge. Thus, we get a buzzword; a word everyone knows they should be talking about, but no one knows what to say. Fully plumbing the depths of cybersecurity in a single blog article is a tall order. Instead, let’s keep it simple. We’re going to break down the need-to-knows of cybersecurity for university board members.

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