As corporate governance professionals the team at Lionheart Corporate Governance, are regularly engaging with Boards on the critical importance of cybersecurity. The recent surge in high-profile cyberattacks has highlighted the significant business risks posed by these threats, from financial loss and reputational damage to system downtime and customer attrition.

Recent cyber attacks have showcased the ever-evolving nature of cyber threats. In Ireland, the HSE ransomware attack compromised critical healthcare infrastructure, while the UK's Colonial Pipeline incident underscored the potential for cyber attacks to disrupt critical services. These cases exemplify the urgency with which boards must grasp the complex threat landscape.