All 1 Debates between Lord Birt and Baroness Neville-Jones

Cyber Security and Resilience (Network and Information Systems) Bill

Debate between Lord Birt and Baroness Neville-Jones
Lord Birt Portrait Lord Birt (CB)
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My Lords, I strongly support the drift of both amendments spoken to by the noble Baronesses, Lady Kidron and Lady Ludford. As I said the other day, I have sat on many boards with many distinguished people that contained a variety of experience in many jurisdictions, but I have not often come across a board that contains anyone with a pronounced understanding of technology, let alone the extremely narrow but deep area of complexity that is cyber security.

I hope noble Lords will forgive me for reminding the Committee of what I said on Tuesday: the way to achieve this objective is to require boards, at an appropriate level—I do not mean every board in the land—to have a cyber resilience audit each year, in the way that all major organisations have a very searching financial audit each year for the whole board, even though it may contain people who are there for different reasons: they may have marketing or sector expertise. But believe me, for every single board, when the team of auditors—who have been in the business for weeks and sometimes months—reports, it is listened to, and anything it advises is acted upon. We need to do exactly the same for cyber resilience.

Baroness Neville-Jones Portrait Baroness Neville-Jones (Con)
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My Lord, this Bill is largely directed at a given segment of the corporate sector. That reminds us, however, that there is a very large swathe of the corporate sector that we are not focusing on directly.

However, in the corporate sector generally, the board has to be interested in all risks, not just financial risks, or whether the book market or the wine market is in good shape; it must be able to protect the business and its shareholders. The board has a duty to the shareholders to do that. This is a very good opportunity to try to raise the level of performance in this area. The record is demonstrably not very good. This is an opportunity to help raise the level of performance and make it clear that if you take on a responsibility as a board director, you will have to be able to help conduct the business of that organisation at the highest possible level. I very strongly support Amendment 167.