Many boards continue to send sensitive internal governance communications through unsecure communication channels. A recent report from Diligent Corporation found that 56 boardroomsolutions.org/best-driver-update-software/ percent of directors use their personal email for board communications, and that even governance professionals and C-level executives do the same. This is a significant risk that needs to be addressed.
It is crucial to convince board members of the importance of secure communication. This requires them to be educated about the reasons why their current practices make them vulnerable to data breaches and assisting them to understand the costs of these breaches in terms of loss of operational time, the cost of dealing with a cyberattack, and concern over compliance violations.
Cybercriminals are attracted to boards because they have access to sensitive information that is important to them. Hackers typically target high-profile individuals such as board directors or C-level executives because they have access to sensitive information that is of value to them. They are therefore a prime target for ransomware, in which criminals threaten to release sensitive data until they are paid.
To avoid this from happening, it’s imperative to consider implementing the governance platform that replaces emails and text messaging with a more secure system of record that utilizes encrypted data delivery and a purpose-built mobile application. This eliminates the necessity to share confidential or private information through unsecure email or document systems that are managed by the IT departments of the organization. It also offers an independent platform that will allow boards to continue to lead during times of crisis.
