Why Boards Keep Getting Caught Off Guard by Tech Risk
A recurring theme in cybersecurity discussions is that boards of directors often underestimate technology risk, only paying close attention once a major incident has already occurred. This reactive approach leaves organisations exposed, as decisions about security investment, governance, and risk tolerance are made under pressure rather than as part of ongoing strategic planning.
For small and medium businesses, this issue is just as relevant as it is for large corporations. Even without a formal board, business owners and leadership teams can fall into the same trap: treating cybersecurity as an IT problem rather than a core business risk that deserves regular attention, budget, and accountability at the leadership level.
The broader lesson is that technology risk should be reviewed continuously, not just after something goes wrong. Building a habit of regularly discussing cyber risk in leadership meetings, understanding what data and systems are most critical, and knowing who is responsible for managing that risk can help prevent the kind of blind spots that turn into costly crises.