Governance, risk management, and compliance (GRC) disciplines have become increasingly critical in the financial services industry, particularly as more organizations rely on technology for transactions and cyber risk increases. This report highlights the top challenges preventing the board from effectively performing cyber risk oversight functions for the business, the top capabilities needed by the board, and guidance for top solutions in the market.
This report leverages research from a Datos Insights survey of CISO and cyber risk leaders from 60 North American financial institutions in Q3 of 2024, and an addition survey of CISOs and cyber-risk leaders from 20 North American regulated firms in Q4 of 2024. This report also leverages secondary research on the GRC market, the cyber GRC market, and board-level use of cyber-GRC tooling and processes.
Clients of Datos Insights’ Cybersecurity service can download this report.
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