A cybersecurity breach could be devastating for a business. Therefore, it is imperative that board members prioritise cybersecurity and take it seriously.
Cyberattacks, data breaches, and ransomware are rising in frequency and cost. This makes them a major corporate governance issue that affects every company and business. In a recent insight report directors identified cybersecurity as one of the most significant threats they have to deal with.
The issue is that company’s leadership, including the board, usually lacks a clear understanding of how to reduce information security risks https://greatboardroom.com/ and protect sensitive information. This is due to a gap between the boardroom and IT professionals.
It is essential to ensure that the boardroom has secure ways to obtain vital information. LBMC offers a variety of products that can help ensure that information spoken in a boardroom is kept. For instance, RF-window films can ward off eavesdropping and electronic data theft during conferences. In addition our privacy window films are a great option for offices as well as other workspaces.
When it comes to discussing cybersecurity with the boardroom, CISOs should be able to present their thoughts in a manner that is easily understood to the board and management team. They should be able to clearly communicate the extent of the threat and show how they can prioritize the investment required to reduce that risk. They should stay clear of “geekspeak” and provide an approach to cybersecurity based on risk. This quantification methodology provides the board and management team with a structure to make informed strategic decisions.
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