Security in the boardroom is a growing concern. Boards are becoming more worried about this concern, especially when the news media spotlights high-profile data breaches and shareholder proposals attempt to tie CEO compensation to cybersecurity performance. However, CISOs face the task of interacting with business leaders who might not know what information to request or how to interpret cybersecurity jargon.
Cyber risk isn’t only the realm of distant tech teams. It’s now a core risk for businesses and boards must be able to comprehend it. They want to know how their organization is performing relative to other peers, and they need to be in a position to make decisions based on clear and quantifiable metrics.
To do so it’s crucial to have the proper framework in place. This includes an online board portal which facilitates sharing and collaboration. This way, your board members don’t have to communicate via email or use unprotected messaging services which increases vulnerability to hacks and malware. Using a board management software with multilayer encrypting and secure collaboration options will help you protect yourself from typical risks.
CISOs can also bridge the gap between the boardroom and the worlds of security and business by providing board members with cyber risk statistics in real-time, coordinating security goals with business, and educating board members on cybersecurity nuances. This will ensure that security teams can have a more productive dialogue with their business counterparts and that there are clear lines of communication between the two.