Data breaches rapidly increase in number and complexity, and your company could be the next victim. Here’s a checklist of cybersecurity questions to ask if you are part of the board in your company.
The number of Internet-connected devices continues to grow rapidly every day. This isn’t entirely good news. More Internet-connected devices mean more entry points for hackers. The truth is, we are never going to be completely safe. In fact, the shift to remote work has made cyber exploitations more dangerous.
Hence, your company must take cybersecurity seriously. Listed below are the cybersecurity questions to ask during your next board meeting.
Do we have the information we need to oversee cyber risks?
One of the main benefits that technology brings is the power of data and analytics. Data is key to business survival as it enables leaders to make well-informed decisions making. Thus, you must ensure that you have a strong team that can give you a full account report on the status of your company’s cybersecurity.
How effective is our cybersecurity strategy?
Of course, you must take action on the report you’ve received from your analysts. Do you work with a cybersecurity professional to ensure all of your systems remain protected? Keep in mind that hackers are getting smarter. Thus, you must beat them by having the most brilliant minds to develop and implement a cybersecurity strategy.
How can we detect cyberattacks and respond to them?
Without a doubt, data loss brings serious financial and reputational effects to any business. Unfortunately, some businesses were not able to recover from a data loss. Thus, business leaders must ensure that the company has data backup and recovery plans. That way, your company has the opportunity to recover from a breach and thrive.
It is important to understand that there is no tool that has the ability to provide 100% cyber protection. Hence, business leaders must aggregate company resources. Then, use them in a way that gives the best possible chance to stop an incoming threat.
Moreover, the downtime caused by a data breach may disrupt your operations. Do you have a concrete incident response plan? Parameters like the Recovery Point Objective (RPO) may help security personnel channelize their efforts.
Do we have a tested cyber breach response plan?
This question is related to the previous question. Running cyber-attack simulations ensures that your incident response plan is actually effective. This question demonstrates your preparedness for attacks.
Do we have cyber insurance?
Every board member must understand the scope and details of the company’s cyber insurance policy. Furthermore, ask your cybersecurity team if they have the tools and infrastructure that monitor security parameters. Furthermore, investing in the right technology and team could be your insurance policy in this digital era.
How do we stay current on the cyber threat landscape?
Putting knowledge-sharing practices in place is a great way to stay current on the threat landscape. Cybersecurity is an ever-evolving landscape so it is crucial that everyone in the company keeps up with the pace.
