Experience overseeing the growing threat of cybersecurity risk is a key attribute boards will look for when appointing their next new corporate director, concludes the 11th annual “What Directors Think” survey, a report on boardroom trends. That same study finds boards still wrestling with how, and when, to encourage director turnover and bring in fresh perspectives.
The nationwide survey of close to 600 corporate directors, released by NYSE Governance Services and senior executive search firm Spencer Stuart, found that 20 percent of directors lack confidence in their board’s understanding cyber-risks.
