Cyber risk and the corporate response to COVID-19

Boards and General Management, Board risk oversight, Cybersecurity

Cyber Risk Director Network, August 2020

As companies rapidly implemented remote work in response to the COVID-19 pandemic, they faced new security risks. Many will encounter additional threats as they reopen or move to hybrid environments. CRDN members met on July 2, 2020, to discuss how remote work has changed cyber risk and to consider how companies can mitigate those risks. They were joined by Phyllis Sumner, Partner and Chief Privacy Officer, King & Spalding, Kevin Richards, Executive Vice President, Booz Allen Hamilton, and Steven Weber, Professor, University of California at Berkeley. 

Discussion centered on three main topics:

  • Noting successes and difficulties in the transition to remote work

  • Reviewing risks that surfaced in the crisis

  • Envisioning a post-pandemic future