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Effective board communication is crucial to ensure that directors make informed decisions and are involved. However, boards face the problem of balancing the need to communicate effectively while also safeguarding sensitive information and preventing cyberattacks.
Boards need to use secure collaboration tools like board portals and real-time message platforms to ensure that discussions documents, meetings as well as other sensitive data confidential. This is becoming increasingly important as more companies are affected by breaches and hacks and regulators have introduced new security standards.
Security experts from the field say it’s not an issue of “if” or “when “when” an organization will be the victim of a data breach. A successful cybersecurity strategy includes an effective board relationship with the chief information security officer (CISO). CISOs should seize every opportunity to share their vision and strategy with the board. This will enable them get board support to provide an effective response to cyberattacks.
Many board members and governance experts rely on their personal email accounts to send out internal messages, especially during virtual meetings. This practice puts organizations at greater risk of phishing attacks and other cyberattacks targeting prominent individuals, such as directors and C-level executives.
It is crucial to provide training to your board members on the importance of using cybersecurity best practices. This should include a thorough examination of the information that they share on unsecure channels, such as meeting minutes or informal communication. Additionally, it is important to choose a secure document sharing platform that has encryption and access controls to keep documents from being copied or downloaded by outside entities, such as those discovered in a cyberattack.