Among their many responsibilities, business leaders set the tone for the way challenges are overcome and wins are celebrated within any operation. It follows that a recent article from Liberty Mutual outlines how leaders who sit on the boards of companies and organizations can help impact one of this era's most substantial business risks: Cybersecurity. With roughly four out of five businesses suffering a cyber breach between 2020 and 2022, according to IMB, it would be unwise for boards members to solely rely on other organizational leaders to take the reins when it comes to managing cyber risk. "There's a real risk that people will want to downplay when they see risks, because they don't want to be the one to cause concern," Vivian Freedman, chief claims officer, Financial Lines, for Liberty Mutual Insurance said in the carrier's recent article about how board members can forward an organization's cybersecurity defenses. "It's important to change that mindset, and the board can influence culture. Breaches can be prevented when employees at every level feel they can be vocal about security weaknesses." The slideshow above illustrates five ways that a company or organization's board of directors can help reduce cybersecurity risk, according to Liberty Mutual. See also:

• Hackers contacted CEO's son, wife to exert pressure during extortion attempt
• 4 ways cybercrime is evolving as risks increase
• Ransomware-as-a-service tops evolving global cyber risks