Bursa Malaysia’s Guidance on Management of Cyber Risks was issued on 22 December 2022. It outlines essential steps for listed companies to take to strengthen cyber resilience.
Some steps that the board can take include:
Taking active ownership of cyber risk management and ensuring clear accountability within senior management
Establishing a robust Cyber Risk Management framework, with clearly defined policies and procedures for prevention, detection, and recovery, is crucial for mitigating risks
Integrate regular testing of cyber framework, along with continuous learning from global incidents, into your organisation’s strategy
Establish an enterprise-wide cybersecurity awareness program—including random staff testing—to ensure readiness
As cyber threats evolve, the urgency for compliance is paramount.
Read our full report now to learn more about:
Governance and management of Cyber Risk
Training, testing, and raising awareness in the organisation and,
Ensuring your company is aligned to Bursa’s requirements
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