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Effective communication between directors is essential to ensure that directors make informed decisions and are actively involved. Boards are faced with the task of finding a balance between the need to effectively communicate and the need to protect sensitive information and avoid cyberattacks.
Boards must use secure collaboration tools like board portals and messaging platforms in real-time, to ensure that discussions as well as sensitive documents and data secure. This is a growing issue as more companies fall victim to breaches and hacks, and regulators create new security standards.
Security experts agree that it’s not an issue of “if” it’s “when” an organization will suffer a data security breach. A successful cybersecurity strategy includes an excellent board relationship with the chief info security officer (CISO). CISOs must leverage every opportunity to communicate their vision and strategy to the board, leveraging the board’s approval to provide an effective response to cyberattacks.
Many board members and experts in governance depend on their personal email accounts to send out internal communications, particularly during virtual meetings. This puts organizations at risk of being targeted by phishing attacks as well as other cyberattacks targeting high-profile people such as directors, C-level executives and other senior management personnel.
It is essential to train your board members about the importance of cybersecurity. This should include a thorough examination of the information that they share through unsecure channels such as meeting minutes or informal communications. It is also important to use a secure document sharing platform that provides encryption and access controls to stop documents from being copied or downloaded by unauthorized entities, such as those found in a cyberattack.