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NACD Public Company Governance Survey – top of list is cybersecurity

The National Association of Corporate Directors (NACD), the authority on boardroom practices representing more than 17,000 board members, today released its 2017–2018 NACD Public Company Governance Survey, an annual survey that looks through a board lens into the chief areas of concern for corporate directors. Industry disruption, business-model disruption, changing global conditions, and cybersecurity threats topped the list of concerns in this survey of 587 corporate directors representing 520 public companies. Asked which five trends they foresee having the greatest effect on their companies in 2018, fully 58 percent of respondents identified significant industry change as one of the trends, pointing to technology disruption, industry consolidation, and shifting regulations as key drivers of this change. The following trends also ranked among the top five:

  • Business model disruption – 46 percent
  • Changing global economic conditions – 46 percent
  • Cybersecurity threats – 38 percent
  • Competition for increasingly scarce talent – 36 percent…”

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