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It is essential for directors to understand how important IT is to the company's success before the board can make decisions about its proper IT oversight approach.
All of these factors can make the board's IT oversight responsibility appear harder than it is.
Periodic "fresh looks" at the framework will provide directors with confidence in their IT oversight.
The idea was presented to BIDMC's senior-management operating council and then to the Board's IT oversight committee.
This program is designed for line managers and corporate strategists who want a better handle on their role in IT oversight and management.
Most directors said that the board should have either a committee, cyber expert, or both, tackling the issue of cybersecurity oversight as part of overall IT oversight.
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OpenTheBooks.com 'Use-It-Or-Lose-It' oversight report quantifying nearly $100B in end-of-year spending.
"It may be legal to be doing it without oversight, but it's wrong," Califf said.
If it's an oversight it certainly is a large one.
I can only call it an oversight.
Mr. Franks called it an oversight.
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CEO of Professional Science Editing for Scientists @ prosciediting.com