With the recent uptick of constantly evolving cyberthreats, robust cybersecurity measures cannot be understated or overlooked. While many C-level executives and board members opt to add CISOs in order to gain expertise, it becomes more imperative that all board members work to improve their own cybersecurity literacy. Cybersecurity literacy can be built in many ways: from individual meetings with the CISO, educational courses, and even board-wide learning forums, dedicating a substantial amount of time to security efforts. In an article for MIT Sloan Management Review entitled “Once CISO Can’t Fill Your Board’s Cybersecurity Gaps,” Manuel Hepfer explains:

“According to research from The Wall Street Journal, 98% of company directors do not have cybersecurity expertise — just like the chairman I introduced above. That’s striking, given that board members are charged with using their own experience to look behind the veil of good news and probe for the true state of company affairs. Without security expertise, they have a hard time seeing through instances of window dressing in the carefully curated material that makes it to the board. The intuitive (and quickest) solution to this problem is to recruit a current or former chief information security officer (CISO) to the board of directors. Accordingly, the share of CISOs who sit on corporate boards more than doubled in just one year, from 14% in 2022 to 30% in 2023, a Heidrick & Struggles survey found.”

Fr0ntierX provides comprehensive cybersecurity that is easily understandable to any Board member, regardless of background and expertise – our monitoring and reporting dashboards are completely safeguarded and incredibly secure. This user-friendly approach allows any individual with access to interpret otherwise complicated information. Similarly, our solutions help educate Board members in order to fill any knowledge gaps so enterprises can get the most out of their analytics and insights without foregoing cybersecurity needs.