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Summary
Cybersecurity is crucial for companies due to the rising threat of sophisticated cybercrime. The new NIS2 legislation will hold boards accountable for cybersecurity, with significant fines for non-compliance. Therefore, boards must prioritize cybersecurity, and companies should acquire comprehensive cyber knowledge in-house. Implementing effective cyber policies will protect critical processes and the supply chain, with continuous awareness and training as key components. As cyber insurance becomes harder to obtain, advanced cybersecurity measures are essential.