A security breach could be devastating for a business. It is therefore important that board members prioritise cybersecurity and take it seriously.
Cyberattacks, data breaches and ransomware are rising in frequency and cost. This makes them a serious corporate governance issue that www.greatboardroom.com/boardroom-information-security-questions-your-board-will-ask/ impacts every company and business. In a recent insight report, directors named cybersecurity as one of the most significant risks they are confronted with.
The problem is often that the leadership of a company as well as its board lacks a clear grasp on how to reduce security risks and protect sensitive information. This is because of a lack of communication between the boardrooms as well as IT professionals.
It is vital to ensure that the boardroom has secure ways to receive vital information. LBMC has a range of products that can ensure that information spoken in the boardroom stays there. For instance, RF windows films can ward off eavesdropping and electronic data theft during meetings in conference rooms. Our privacy window films are a great choice for offices, as well as other workspaces.
When they present their ideas in the boardroom regarding cybersecurity, CISOs should use language that is easily understood by the board and the management team. They should be able to explain the extent of risk and show how to prioritize investment to reduce the risk. They should steer clear of “geekspeak” and instead offer an approach that is based on risk for cybersecurity. This quantification methodology gives the board and management team with a framework for making informed strategic decisions.