Members of the Cyber Risk Director Network met virtually on June 30, 2020, to explore the board’s oversight of data privacy, focusing particularly on strategy and reputational risk. They were joined by King & Spalding Partners Phyllis Sumner and…
Boards and General Management, Board risk oversight, Cybersecurity
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…
Boards and General Management, Board risk oversight, Cybersecurity
members of the Cyber Risk Director Network met on July 1, 2020, to explore threats that are incipient, already developing, or possible given existing technology (but may not yet have become pervasive). Members and experts discussed the nature of…
Boards and General Management, Board risk oversight, Cybersecurity
On July 22, 2020, directors and senior executives – including chief ethics and compliance officers (CECOs) – met virtually to discuss how boards and top executives can work together to drive values, corporate culture, and ethical decision making in…
Board and committee effectiveness, Boards and General Management, Board risk oversight
The COVID-19 pandemic created substantial operational and financial challenges for insurers. Reacting quickly, they stabilized operations and overcame initial liquidity challenges, then turned their attention to the longer-term implications of the…
Regulation and supervision, Risk management and oversight / Insurance and Asset Management
Despite the urgency of COVID-19, insurers are continuing to address a more slow-moving global crisis: climate change. The effects of climate change are already being felt across the globe. Insurers feel its impact in both underwriting losses and…
Governance, Regulation and supervision, Risk management and oversight / Insurance and Asset Management
On July 21, eleven chairs of the boards of banks and insurance companies from Africa, Canada, Europe, and the US met to discuss the risks of greatest concern in the current environment, as well as emerging opportunities. The board leaders exchanged…
Governance, Risk management and oversight, Financial Strategy / Banking
COVID-19 prompted oncologists across the United States to rapidly deliver new interventions and policies to protect their patients and workforce. As the acute crisis abates in some states, stakeholders are contemplating the longer-term implications…
New payment models, New regulatory and reimbursement approaches, Health system readiness / Healthcare
Even though the coronavirus continues to pose a serious public health threat, governments around the world are trying to protect their economies by easing restrictions. As the crisis enters a new phase, companies are focused on restarting their…
Board and committee effectiveness, Boards and General Management, Board risk oversight
Even as the coronavirus continues to pose a serious threat, governments around the world are trying to ease restrictions and boost their economies. In this new phase, companies are ramping up operations, focusing not only on the immediate need to…
Board and committee effectiveness, Boards and General Management