NZ directors more aware of risk, focus on cyber security and reputation

NZ directors more aware of risk, focus on cyber security and reputation
Sophie Boot
By Sophie Boot Feb. 5 (BusinessDesk) - Directors of New Zealand companies are increasingly aware of risk, with more focus on online threats while reputation remains important, according to a survey from the Institute of Directors and risk management firm Marsh. The survey of 526 institute members found 58.9 percent of directors said their board's involvement in insurance and risk management had increased over the past 12 months, and 74.5 percent thought their board was reviewing risk more than they were two years ago. Some 56 percent o...