Tune into this episode for a deep dive into the UK government's Cyber Governance Code of Practice. This Code is a crucial resource designed specifically for boards and directors. Understanding it can significantly benefit your organisation.
By listening, you will gain insights into:
• Why cyber governance is essential for modern businesses and organisations. Digital technologies are deeply embedded in most businesses, and critical operations often rely on them. Cyber risk is a material risk for almost all organisations.
• The critical role of boards and directors in managing digital risks and protecting their organisations from cyber attacks. Governing cyber risk requires strong engagement and action at a leadership level.
• How the Code helps protect your organisation's financial viability. Effective management of cyber risks is crucial, and building cyber resilience is key to recovering from harm caused by cyber events.
• What the Cyber Governance Code of Practice is and how it sets out the most critical governance actions that directors are responsible for. It shows how boards and directors can build resilience to a wide range of cyber risks.
• Who should use the Code: It's tailor-made for boards and directors of both public-sector and private organisations, especially medium and large ones. While not specifically for small organisations, they play a critical role in UK economic resilience and should seek to implement the Code's principles.
• How the Code helps manage cyber risks effectively and reduce the likelihood and impact of cyber attacks. Cyber incidents can lead to major impacts like loss of income, damage to customer trust, or costly remedial action.
• How the Code fits into a wider government support package. It is underpinned by resources such as Cyber Governance Training and the Cyber Security Toolkit for Boards, which help strengthen understanding and support implementation.
• The key areas covered by the Code, including Risk Management, Strategy, People, Incident Planning, Response and Recovery, and Assurance and Oversight, detailing specific actions for each area.
• Understanding the minimum standards for managing cyber risk, especially when the Code is used alongside Cyber Essentials, a government-backed certification scheme.
Understanding the principles and actions outlined in the Code of Practice is crucial for effective governance and protecting your organisation in today's digital landscape
Need help with Cyber Security?
Speak to Cool Waters Cyber - NCSC assured Cyber Advisors and Cyber Essentials experts - www.cool-waters.co.uk