Boards Spend More Time on Risk, But Important Gaps Remain

According to findings from a survey of more than 160 directors, 60% report spending more time on risk at the full board level than two years ago, yet fewer than half say their company’s risk appetite is formally articulated and documented, and 42% say a critical vendor failure would significantly or severely disrupt their organization. Read EY’s recent report on what boards can do: Remaking Risk Oversight