Recent months have seen a surge of ransomware attacks, in which attackers extort money from organizations by making critical data inaccessible and/or threatening to expose it. The attacks against Colonial Pipeline, the Irish healthcare system, and…
Board risk oversight, Cybersecurity
On June 24, 2021, Insurance Governance Leadership Network (IGLN) participants met virtually to discuss how technology is enabling new approaches in insurance, including emerging business models, new ways of developing and distributing insurance…
Innovation and technology, Financial services leadership and talent, Financial Strategy / Insurance and Asset Management
Audit committee chairs were amazed by the success their companies and boards displayed as an unprecedented crisis upended well-established processes. As offices reopen and boards resume in-person meetings, audit committees must choose which legacy…
Board and committee effectiveness
On June 9th, executives from among the largest banks and institutional investors met virtually to discuss how ESG communications between banks and investors can be improved and the opportunities and challenges to progress as part of the Bank…
Governance, Risk management and oversight, Financial Strategy / Banking
The workplace of today and the immediate future is unlike any before. The pandemic revealed profound changes in the success of virtual work and expectations around productivity. Companies are also grappling with pressure to ramp up their diversity,…
On June 28–29, members of the Audit Committee Leadership Network (ACLN) met virtually to discuss ransomware and incident response, environmental, social, and governance (ESG) reporting, ESG rating agencies, and the future of boards and board service…
Board risk oversight, Cybersecurity
The 2021 Ethics, Culture, and Compliance Forum Report
“Everyone needs to be responsible for culture, but somebody in management needs to be in charge. It doesn't happen on its own.”
Corporate culture is crucial to the long-term sustainability of…
Board and committee effectiveness, Board risk oversight
Recent innovations have led to major change in the care of inflammatory bowel disease (IBD). Patients suffering from the chronic and debilitating disorders comprising IBD now have treatment options that can relieve their symptoms and prevent…
New payment models, New regulatory and reimbursement approaches, Health system readiness / Healthcare
Given the ever-increasing pace, scope, and sophistication of the cyber threats facing every company, managing cyber risk is one of a board’s most challenging responsibilities. During a June 7 virtual meeting, members of the Lead Director Network (…
Board risk oversight, Cybersecurity
On May 25, 2021, Bank Governance Leadership Network (BGLN) participants met virtually to discuss the opportunities and risks for banks as they expand applications of artificial intelligence (AI) and machine learning, as well as implications for…
Innovation and technology, Risk management and oversight, Financial Strategy / Banking