Board playbook on cyber incident response
Source: The Business Times
Published on: 2026-04-09 21:03
ORGANISATIONS of all sizes are increasingly exposed to cyber attacks that are becoming more frequent, sophisticated and well-coordinated. The rise of generative artificial intelligence (AI) has intensified these risks by enabling advanced phishing methods like deepfakes and AI-automated attacks, among others. Singapore Exchange (SGX) requires that listed issuers treat cyber security as a board-governed risk with disclosure consequences. Good practice demands that the board of a listed company, typically through the audit committee, implement a robust cyber risk governance framework and incident response plan. Listed companies are required to have adequate and effective systems of internal controls and risk management systems, including financial, operational, compliance and information technology (IT) controls. An effective, independent and adequately resourced internal audit function...
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