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Effective communication with the board is vital to ensure that directors are well-informed, involved and able to make sound decisions regarding the success of a company. However, boards must face the task of balancing the necessity to communicate effectively while safeguarding sensitive information and preventing cyberattacks.
Boards should utilize secure collaboration tools, such as board portals and messaging platforms that are real-time to ensure that discussions sensitive documents, discussions and other data secure. This is a growing priority as more businesses fall victim to breaches and hacks and regulators set new security standards.
Cybersecurity experts say that it’s not a question of “if” or “when “when” an organization will be affected by a data breach. A successful cybersecurity strategy includes a good board relationship with the chief info security officer (CISO). CISOs should make the most of every opportunity to share their strategy and vision with the board. This will assist them to get the board’s support to provide an effective response to cyberattacks.
Many board members and professionals rely on personal email to send internal governance communications, particularly during virtual meetings. This puts organizations in greater risk of being targeted by phishing and other cyberattacks targeting high-profile individuals, like directors and executives at the C-level.
It is crucial to train your board members on the importance of implementing cybersecurity best practices. This should include a brief review of the kinds of data they share via insecure channels, including meeting minutes, as well as informal communications. It is also crucial to use secure document sharing platforms that provides encryption as well access controls to avoid documents being copied or downloaded by third individuals.