With cyber-related risk being viewed as a real and imminent threat, board members are required to be aware of the risks facing their company to guide the company on the most secure route. However, this isn’t always simple.
In the past, cybersecurity was an area reserved for technologists working in remote server rooms. Cybersecurity has now become a risk for business that affects every aspect of a business particularly in the wake of recent mega security breaches, such as those at Colonial Pipeline and Equifax.
Boards are now demanding more from their CISOs, as well as their security teams. In addition to spending more on new technologies or ensuring that employees are properly trained Board members need a clear and convincing vision of how a well-trained security team can guard against the most sophisticated threats. This message must be conveyed in a manner that is easily understood by nontechnical executives in the boardroom.
A good way to do this is to ensure that security is aligned with business goals and utilize real-time metrics. The board can be provided with the information it requires to make the right decisions by providing regular updates that present the evolution of security measures, an eroding risk index and other important metrics. Tell a story, instead of simply passing on numbers. Through sharing a real-life story of the swift actions of your team helped to ward off the threat of a major one, you can demonstrate to your board that they are protected and that their efforts are making an impact.
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