Over the past couple of years board of directors have become highly aware of the risk of a cyber-attack and more involved in a company's measures to prevent breaches. Historically, there was less at stake with cybercrime—attacks were less sophisticated, less frequent and less of an organization's business was online.
This, as we know, has changed drastically, as made painfully aware by massive customer data breaches, such as the Anthem and Target breaches. Through boards' informal social and business networks, which often cross industry lines, awareness of new breaches and cybersecurity measures organizations are putting in place travels quickly.