Many boards still communicate sensitive internal governance messages through insecure communication channels. A recent report from Diligent boardroomsolutions.org/best-driver-update-software Corporation found that 56 percent of directors use personal email accounts for communications with the board, and even governance professionals and C-level executives also do this. This is a serious danger that must be addressed.
It is vital to convince board members of the importance of secure communication. This involves educating them about how their current practices make them vulnerable to data breaches and assisting them understand the amount it costs in terms of lost time, cyberattacks and compliance violations.
Boards must be aware that they are attractive targets for cybercriminals. Hackers target high-profile people like board directors and executives because they have access to sensitive information of value to them. They are therefore prime targets for ransomware, in which criminals threat to release sensitive data in exchange for payment.
To prevent this, it’s important to consider implementing the governance platform that replaces emails and text messages with a secured system of record that makes use of encrypted data delivery as well as a specifically designed mobile application. This eliminates the need to share confidential or sensitive information with unsecure documents systems or email accounts which are controlled by the IT teams of the organization and creates an independent platform that allows boards to lead even in times of crisis.