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A cybersecurity compromise can cause a lot of damage to a business. It’s therefore imperative that board members consider cybersecurity seriously and make it a priority.

Cyberattacks, data breaches and ransomware are increasing in frequency and cost. This makes them a crucial corporate governance issue that impacts every business and organisation. In a recent survey, directors rated cybersecurity as one of their top risks.

The issue is that company’s management, including the board, often lacks a clear understanding of how to minimize information security risks and protect sensitive information. This is the result of a gap between the executive and the IT specialists.

It is essential to ensure that the boardroom is protected ways to receive vital information. LBMC offers a variety of products that can help to ensure that what is said in the boardroom stays there. For instance, RF window films, for example, can deter electronic data theft and eavesdropping on meetings in conference room. Additionally, our privacy window films are a suitable option for offices as well as other workspaces.

When making presentations to the boardroom on cybersecurity, CISOs need to employ language that is easily understood by the board and the management team. They should be able clearly describe the severity of the threat and illustrate how they can prioritize the investment needed to minimize that risk. They should stay clear of “geekspeak” and instead use a risk based approach to cybersecurity. This quantification method provides the board and management with a basis to make informed strategic decisions.