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Data Security & Resilience

What Boards of Directors Must Know About Ransomware

Hannah Boswell
Hannah Boswell

27 May 2026

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Ransomware is no longer an IT incident, it's a board-level enterprise risk. In this whitepaper from our cyber resilience partner Halcyon, written by CISO and cybersecurity executive Gary Hayslip, you'll find a clear-eyed assessment of what modern ransomware governance actually requires.

Inside the whitepaper, you'll learn:

  • How ransomware has evolved into a multi-billion-pound criminal industry powered by AI-driven reconnaissance, autonomous malware, and multi-layered extortion
  • Why the ransom payment is often the smallest line item and where the real costs hit operations, reputation, and shareholder value
  • The specific questions every board should be asking their CISO, and what good answers look like
  • Why vague or exclusively technical responses should be treated as a governance gap
  • Four immediate actions boards must take: treat ransomware as enterprise risk, fund impact-reducing capabilities, participate in rehearsed playbooks, and distribute accountability across the leadership team

Whether you're a board member, CEO, CFO, or risk leader, this whitepaper provides the framework for governing ransomware risk with the rigour it demands.

Download the whitepaper now.