Inside the Director's Circle20 Sep 2023

Your Cyber Security - The Need For Due Diligence

Welcome back to another episode of Inside The Director's Circle!

In today's episode Jason leads a fascinating discussion on the importance of cyber due diligence and proactive measures businesses can take to protect themselves from cyber threats.

Jason is joined by guest experts Liz Mulley, Amy-Rode Hayden and Stuart Hadley.

They delve into the world of cybersecurity, shedding light on the risks associated with personal data and the need for a more thoughtful approach to consent.

Liz explains what cyber due diligence is and why it should be a vital part of any business's exit or merger strategy.

So grab your headphones, sit back, and get ready to dive into the world of cybersecurity on Inside The Director's Circle.

Timestamps

00:00:11 Cybersecurity due diligence is crucially important.

00:04:06 Cover off on due diligence, risk assessment, compliance, incident response, recovery, business continuity, supply chain assessment, and digital exposure for cyber maturity.

00:07:04 Tech-focused business shift emphasizes security measures.

00:11:45 Stats can be misleading; cyber security is affordable and essential.

00:14:09 Data protection and cyber due diligence are important in mergers and acquisitions. The nature of the data held by the target should be considered. Cyber due diligence can impact the deal, possibly affecting the purchase price or including additional protections in the contract. Business leaders should also assess their own cyber readiness.

00:17:49 More scrutiny needed for data usage risks.

00:22:02 Stress testing, cyber response, supply chain weakness.

00:25:29 "How often do we receive something from someone we know?"

00:28:40 Starting the journey, chatbots in focus.

Guest Resources

Liz Mulley - Managing Associate in Commercial Litigation (Fraud & Risk) at Trowers & Hamlins

linkedin.com/in/elizabeth-mulley-8aa98440

Amy-Rose Hayden - Commercial Dispute Resolution Associate

linkedin.com/in/amy-rose-hayden-701b3076

Stuart Hadley - Group Global Chief Operating Officer CyberQ Group

linkedin.com/in/stuart-hadley-8281a419

Get in touch with The Directors Circle here:

https://directors-circle.com/

info@directors-circle.com

0121 270 5777

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