The State of Cybersecurity Disclosures

Our guests – Jamie Carroll Smith, Associate Director of the EY Center for Board Matters, and Chuck Seets, EY Americas Assurance Cybersecurity Leader – discuss the 3rd annual “cybersecurity disclosure” report published by the EY Center for Board Matters, including:

1. How are cybersecurity disclosures changing year-to-year? Can you walk us through your report on disclosure for the Fortune 100?
2. How are some companies using cybersecurity as one of their metrics in executive pay?
3. The EY report notes that not many companies disclose simulations, possible scenarios, of a cyberbreach. Does this align with what you’re seeing in the market? And what role are boards playing in these?
4. Based on your discussion with directors in recent years, what types of cybersecurity disclosure issues do they tend to discuss?

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