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Studio 05

Secure Board Communication and Cybersecurity Best Practices

Effective board communication is essential to ensure that directors are informed, engaged and able to make informed decisions about the success of a business. However, boards must face the task of balancing the necessity to communicate effectively, while safeguarding sensitive information and preventing cyberattacks.

Boards must use secure collaboration tools, such as board portals as well as real-time messaging platforms to keep discussions documents, meetings and other sensitive data private. This is a growing concern as more companies are subject to breaches and hacks, and regulators establish new security standards.

Security experts from the field say it’s not a question of „if“ it’s „when“ an organization is likely to suffer a data breach. A successful cybersecurity plan includes an excellent board relationship with the chief info security officer (CISO). CISOs should take advantage of every opportunity to convey their vision and strategy to the board, while leveraging the board’s approval to provide a more effective response to cyberattacks.

Many board members and governance experts depend on their personal email accounts to send internal messages, especially during virtual meetings. This practice puts organizations at greater danger of phishing and other cyberattacks targeting high-profile individuals, like directors and executives at the C-level.

It is crucial to provide training to your board members on the importance of implementing cybersecurity best practices. This should include a discussion of the kinds of data they share on insecure channels, such as minutes of meetings and even informal communication. It is also important to make use of a secure document sharing platform that provides encryption as well access controls to prevent documents being downloaded or copied from outside sources.

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