Jake Olcott, VP of Government Affairs at Bitsight, concurs saying: "These fines make it clear - executives and boards are responsible and accountable for cyber-security. It has never been more important for them to understand and manage their organization's security performance just like they would manage any other critical business issue. When it comes to cyber-security, ongoing briefings, regular reporting, and performance metrics are no longer nice to have -- they are required."
