Top Tips to Present Cybersecurity to the Board
Cyberattacks can cost an organization its reputation, its customers and a
great deal of money, making CEOs and board members more accountable.
Yet, research shows that a high percentage of corporate boards are not
actively involved in cybersecurity oversight. Nonetheless, Gartner estimates
by 2021, 100% of large enterprises will be asked to report to their board of
directors on cybersecurity and technology risk at least annually.
When communicating your cybersecurity program to the board, it is important
to translate technical, tactical details about cybersecurity into business terms:
risks, opportunities and strategic implications. In order to justify the desired
cybersecurity expense, you must clearly present the risks, the plan you will
implement to protect the company’s assets, and the rationale behind the cost.