Digital and Cybersecurity Governance Around the World (Annals of Corporate Governance)

Corporate governance policy and practice need to rapidly advance to reflect the reality of the benefits and risks impacting humanity as a result of digital technologies. Digital and Cybersecurity Governance Around the World establishes a baseline of the emerging issues and presents leading digital and cybersecurity governance practices to respond to these developments. By documenting and aligning the current fragmentary nature of digital and cyber risk practices and policies worldwide, this monograph brings clarity to this emerging area of corporate governance. It establishes a foundation that can be built upon by policymakers and boardrooms to govern their economies and businesses safely and securely into the digital future. This monograph starts by analyzing some of the work being done to study and isolate the digital aspect of economies to illustrate what is at stake. Various existing boardroom practices and policies in digital and cyber risk oversight are then identified to bring some transparency to the work already being done to improve how corporate boards govern these issues. Select national codes and standards from a diverse group of countries are then highlighted together with emerging regulatory trends to illustrate the widely acknowledged nature of this problem from practitioners and regulators. This monograph contributes to a structured approach to understanding these issues and to creating a framework for more specific solutions that can be broadly implemented to advance digital and cyber risk governance.