Many boards continue to send sensitive internal governance communications via unsecure channels for communication. Diligent Corporation released a report that found that 56 percent of board members use personal email accounts for board communications. Even the top executives and governance professionals are also guilty of this. This is a risk that must be addressed.
It’s crucial to convince board members of the importance of secure communication. This requires educating them about how boardroomsolutions.org their current methods make vulnerable to data breaches, and making them aware of the cost of those breaches in terms of lost operational time, cost of dealing with an attack from cyberspace, and the concern over compliance violations.
Cyber criminals are attracted to boards because they have access to sensitive information that is valuable to them. The hackers target high-profile individuals like board directors and executives because they have access to sensitive information that is valuable to them. This makes them a good victim of ransomware attacks, where criminals threaten to release sensitive information unless they are paid a payment.
In order to prevent this from happening, it’s imperative that the board considers adopting an organizational platform for governance that replaces emails and text messaging with a more secure system of record that uses encrypted data delivery as well as a specifically designed mobile application. This will make it less necessary to share privileged or insider information with unsecure documents or email accounts which are controlled by the organization’s IT teams and offers a separate platform that allows boards to lead even in times of crisis.