Governance Failure

|

Cyber

What is
Governance Failure
Governance Failure refers to a breakdown or inadequacy in the systems, processes, policies, or oversight mechanisms that an organisation uses to direct and control its operations.
Governance Failure
in more detail

Weak governance can manifest as unaddressed vulnerabilities, poor incident escalation, or failure to enforce policies. Insurers may factor governance quality into underwriting and assess it post-event when determining whether the insured met reasonable care standards.

RELATED TERM

ALL CATEGORY