A cybersecurity compromise can cause a lot of damage to a business. Therefore, it is essential that board members prioritize cybersecurity and take it seriously.

Cyberattacks, data breaches, and ransomware have grown in frequency and cost. This makes them a serious corporate governance issue that affects every company and business. In a recent report directors ranked cybersecurity as one of their top risks.

The problem is often that the top management of a business as well as its board lacks a clear understanding of how to minimize security risks and protect sensitive information. This is due to a gap between the boardroom and IT professionals.

It is essential to ensure that the boardroom has secure ways to receive vital information. LBMC provides a range of products that help ensure that information spoken in a boardroom will remain there. For instance, RF-window films can help prevent eavesdropping as well as electronic data theft in conference rooms. Our privacy window films make a great choice for offices, as well as other workspaces.

When it is time to discuss cybersecurity with the boardroom, CISOs need to communicate their ideas in a manner that is easily understood to the board and management team. They must be able to clearly describe the severity of the risk and explain how they can prioritize the investment needed to minimize that risk. They should avoid “geekspeak”, and instead use an approach based on risk to cybersecurity. This method of calculating risk provides the management and the board with a basis to make informed strategic decisions.

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