A cybersecurity breach could be devastating to a company. It is crucial that board members prioritize cybersecurity and take it seriously.
Cyberattacks, data breaches and ransomware are growing rapidly in frequency and cost. This makes them an essential corporate governance issue that affects every business and organization. In a recent study, directors identified cybersecurity as one of their top risks.
The issue is that often the top management of a business as well as its board lacks a clear grasp on how to minimize security risks and safeguard sensitive information. This is due to a lack of communication between IT professionals.
This is why it’s crucial to ensure https://greatboardroom.com/boardroom-information-security-questions-your-board-will-ask/ that the boardroom is provided with secure methods to access critical information. LBMC offers a range of products to ensure that information spoken in a boardroom stays there. For instance, RF window films, for example, can deter electronic data theft and eavesdropping during meetings within a conference rooms. In addition, our privacy window films are a good choice for offices and other workplaces.
When it is time to discuss cybersecurity in the board, CISOs must be able to present their ideas in a way that is clear to the board and management team. They must be able to articulate the severity of risk and demonstrate how to prioritize investments to minimize it. They should stay clear of “geekspeak”, and instead offer an approach that is based on risk for cybersecurity. This quantification method gives the management team and board with a structure to make informed strategic decisions.
