How audit committees can strengthen cyber resiliency, crisis preparedness and corporate governance

 EY Center for Board Matters facilitated an episode in the  webcast series Better Questions for Boards, which is designed to provide directors with insights and questions to consider as they engage with management on a variety of complex boardroom issues.

 An esteemed panel delivered  the latest perspectives on how audit committees can help enhance cyber resiliency and mitigate cybercrime. This webcast provided audit committees and management with insights on topics including:

• The enforcement environment and emerging trends. 

Insight into the investigative priorities and prosecutorial trends of the Department of Justice (DOJ), including related impacts to companies.

• Perspectives on cybersecurity from former DOJ and FBI officials. 

A better understanding into how audit committees can help prioritize limited resources to enhance cyber resiliency and mitigate impacts arising from cybercrime, including ways to engage with the FBI for cyber threat support.

• Key lessons learned and takeaways for audit committees and boards. 

The latest leading practices for enhancing corporate governance and crisis resiliency and response, including compliance considerations and how boards can stay ahead of threats.

The 60-minute discussion was moderated by Patrick Niemann, Partner, Ernst & Young LLP, and Americas Leader of the EY Audit Committee Forum. Panelists included:

• Guest speaker from the DOJ — TBD
• John Carlin, former Assistant Attorney General, DOJ National Security Division
• Paul Murphy, former Chief of Staff to the FBI director, and Partner, Special Matters and Government Investigations, King & Spalding LLP
• Jeff Sallet, former FBI Associate Deputy Director, and Partner and Crisis Management Leader, Investigations & Compliance, Forensic & Integrity Services, Ernst & Young LLP