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So will the C-Suite and the main board actually take notice? Jake Olcott, VP Government Affairs at BitSight, says they must: “These fines make it clear — executives and boards are responsible and accountable for cybersecurity. It has never been more important for them to understand and manage their organisation’s security performance just like they would manage any other critical business issue. When it comes to cybersecurity, ongoing briefings, regular reporting, and performance metrics are no longer nice to have — they are required.”

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