With cyber-related risk being viewed as a definite and current threat, board members must to be aware of the risks facing their company to guide the organisation to its most secure course. However, this isn’t always simple.
Historically, cybersecurity has been an area of expertise for technologists working in distant server rooms. Cyber risk has become a risk for business that affects every aspect of a business especially in the wake of recent massive hacks like those at Colonial Pipeline and Equifax.
Boards are now demanding more from their CISOs and security teams. Board members need to see how a properly trained security team can protect themselves against the latest threats, be it by investing more in new security solutions or ensuring that employees are educated. This message needs to be relayed to executives who are not technical in the boardroom.
A good way to do this is to ensure that security is aligned with business goals and use real-time metrics. You can provide the board with the data it requires to make a decision by providing regular reports which show the development of security measures, a declining index of risk and other important metrics. Another option is to present the impact, rather than passing along numbers – tell an engaging story. If you can share a true-life example of how the quick actions of your team prevented a major threat it will show your board that they are being protected and that their efforts visit their website are having an impact.
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