A cybersecurity compromise can be a disaster for a business. It is crucial that board members focus on cybersecurity and take it seriously.
Cyberattacks, data breaches and ransomware are increasing in frequency and cost. This makes them an essential corporate governance issue that affects every business and organisation. In a recent report on insight directors identified cybersecurity as one of the most significant risks they face.
The problem is that business’s top management, including its board, usually lacks an understanding of how to reduce the risks associated with information security and safeguard sensitive information. This is due to a lack communication between the boardrooms as well as IT professionals.
This is why it’s important to provide the boardroom with secure means to obtain critical information. LBMC offers several products that can help to ensure that what is said in the boardroom remains there. For instance, RF window films can prevent eavesdropping and electronic data theft in conference rooms. In addition, our privacy window films are a suitable option for offices and other workplaces.
When it is time to discuss cybersecurity with the boardroom, CISOs have to communicate their ideas in a way that is clear to the board and management team. They should be able to clearly communicate the extent of the risk and demonstrate how to prioritize the investment required to reduce that risk. They should steer clear of “geekspeak” and offer an approach to cybersecurity based on risk. This method of quantification provides the management and board www.greatboardroom.com/does-your-board-need-an-entrepreneur/ with a structure to make informed strategic decisions.