Cybersecurity has always been top of mind for IT departments, and these days, it’s an increasingly important issue for boards as well. Gartner estimates that by 2020, virtually all large enterprises will need to report annually to their board of directors on cybersecurity and technology risk, and this timeline seems conservative. It will likely be a standard requirement much sooner.
With this increased focus on security, what about security of board information itself? Board communications bring challenges above and beyond internal company data. Part of a board administrator’s job is to coach and oversee how directors communicate, to ensure that they don’t unintentionally leave credit union data unsecured.
Directors are busy, mobile, and sometimes less than tech savvy. How many of them right now are saving documents outside your safety protections and onto their personal computers? How many are conducting board decision debates over email?
While IT often laments human behavior, the fact is that administrators need to safeguard against those things we all know “people shouldn’t do”—but do. Whether you’re using board portal software or board meeting management tools like email, Dropbox, SharePoint or an in-house system, there are three key threats to watch.
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