Secure Board Communication

Many boards continue to send confidential internal communications through unsecure channels for communication. Diligent Corporation released a report that found that 56 percent of board members use their personal emails for board communications. Even the top executives and governance professionals are also involved in this. This is a serious issue that needs to be addressed.

It is crucial to convince board members of the importance of secure communications. This requires them to be educated about the reasons why their current practices make them vulnerable to data breaches and making them aware of the cost of those breaches in terms of lost operational time, cost of defending against cyberattacks, and concerns about compliance violations.

Boards should be aware that they are attractive targets for cyber criminals. Hackers target high-profile executives such as board directors and executives due to the fact that they have access to sensitive information that is valuable to them. This makes them an ideal target for ransomware attacks where the criminals threaten to release confidential information unless they get a payment.

To prevent this from happening, it’s essential that the board considers adopting a governance platform which replaces emails and text messaging with a fortified system of record that makes use of encrypted data delivery and a specially-designed mobile application. This will eliminate the need to share confidential or insider information through unsecure documents or email accounts that are managed by IT departments of the organization. It also provides an independent platform that allows boards to remain in charge during times of crises.

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