Many boards continue to communicate sensitive internal messages via insecure communication channels. A recent study by Diligent Corporation found that 56 percent of directors use their personal email for communications with their board, and that even C-level executives and governance professionals do the same. This is a serious risk that needs to be addressed.
It’s crucial to convince board members of the importance of secure communications. This means educating them on how their current practices expose them to data breaches, and helping them understand how much it will cost in terms lost time, cyberattacks and compliance violations.
Cyber criminals are attracted to boards because they have access to sensitive information that is important to them. Hackers target high-profile executives such as board directors and executives due to the fact that they can access sensitive information that is valuable to them. This makes them a good attack target for ransomware, in which criminals threaten to release sensitive information unless they get a payment.
To prevent this, the board should consider adopting a platform for governance that replaces text and email messages with a secured record system that makes use of encrypted data transmission and a custom-built mobile application. This will eliminate the need to share sensitive or confidential information through unsecure document systems or email accounts that are managed by the organization’s IT teams and provides an independent platform that will enable boards to remain in charge during times of crises.
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