Security in the boardroom is a growing issue. With the recent high-profile data breaches hitting headlines and shareholder proposals seeking to link CEO pay to cybersecurity performance, boards are becoming more concerned ma data room about this issue. However, CISOs must face the daunting task of communicating with business leaders who might not know what information to ask for or how to interpret cybersecurity jargon.
Cyber risk is no longer seen as the responsibility of tech teams in distant server rooms. It’s a major business risk and boards should be able to assess it at a local level. They need to know how their organization compares to its peers and make decisions based on precise and quantitative data.
To accomplish this it’s essential to have the proper framework in place, such as an online portal for your board that allows for easy sharing and collaboration. This means that your board members don’t have to communicate via email or use unprotected messaging services which can increase vulnerability to hacks and malware. Using a board management software that has multilayer encryption and secure collaboration options can help protect your board members from the most typical threats.
CISOs can also bridge the gap between the worlds of business and security by providing board members with cybersecurity risk metrics in real-time, aligning security goals with the business goals, and educating board members on cybersecurity nuances. This will ensure that security teams have a more productive conversation with their business counterparts and that there are clear lines of communication between the two.