There are many pressing matters on the board of directors agenda, and cybersecurity is one of them. Now more than ever, the board is open to hearing about information protection measures planned for the organisation. Thankfully, many members realise it has become more than just a regulatory requirement but an organisational risk.
While investing in a cybersecurity strategy is open to discussion, it most certainly won’t be an easy sell. At the end of the day, organisations are in the business of making money, not spending it. Here are a few guidelines to help make your case more compelling:
Focus on relevant facts and figures
Limit technical jargon and focus on the facts and figures that would get the attention of the members. Bring the board up to speed on the latest cybercrime statistics in the country as well as on the global front, particularly vulnerabilities uncovered in industries similar to the organisation’s. Provide practical examples of what the organisation is currently doing to manage risk and where it is lacking.
Talk about the benefits
The benefits of information protection are more profound than meets the eye. It is not just about managing risk effectively. It is about protecting your customers. It is about building trust in the industry. It is about adopting digital. And it is ultimately about productivity, profitability and growth – three words that are board-approved. Make sure to highlight exactly how cybersecurity can contribute to where the organisation is headed.
Do your homework and offer a practical solution
In closing, without taking up too much of the board’s time and without going into too much detail, offer the solution. As companies evolve and become more digitally aligned, the digital risk will naturally increase. Take the time to research the solution best suited to your current and future risk profile and give it to them straight.
Today, cybersecurity is the responsibility of every single member of staff with access to data. Corporations need to look to security solutions that are comprehensive, multi-levelled and intelligent. As an Automated Business Solutions provider, online security is extremely topical in our industry. That’s why MWare has partnered with Webroot in order to help provide our customers with next-generation endpoint protection and threat intelligence. Smarter Cybersecurity guaranteed.