Secure Board Communication

Many boards continue to communicate with their employees via unsecure channels for communication. A recent report by Diligent Corporation found that 56 percent of directors use their personal email addresses for board communications, and that even governance professionals and C-level executives also use email for board communications. This is a serious risk that needs to be addressed.

It is vital to get board members on board with the necessity of secure communication. This means educating them about the reasons their current practices make them vulnerable to data breaches and helping them understand what it will cost in terms of lost time, cyberattacks, and compliance violations.

Cybercriminals are attracted by boards because they have access to sensitive information that is valuable to them. Hackers typically target high-profile individuals like board directors and C-level executives because they have access to sensitive information that has importance to them. They are therefore a prime target for ransomware attacks, where criminals threaten to release sensitive information until they are paid.

To prevent this from happening, the board could consider adopting a system for governance that replaces text and email messages with a securing record system that utilizes encrypted data transmission, as well as a specifically-designed mobile application. This will eliminate the need to share confidential or private information in unsecure email systems or document systems managed by the IT departments of the company. It also offers an independent platform which will allow boards to continue to lead in times of crises.

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