Board Questions To The CIO (£)
Uploaded on 2016-02-15 in Directors Reports
Questions Board Member Should Be Asking the CIO:
- Do we analyse the markets we are in using social media data and how effective is the analysis software we are using? What results have we achieved and how is this changing the way we market and sell products and services?
- How effective is our information security – everything from employee data to secret/copy write information?
- Are our profit-generating assets cyber secured and in what ways have we been hacked so far?
- Is our cyber-strategy aligned with our clear market objectives and how often do we up-date and review these aspects of our strategy?
- Ensure the effectiveness of the cybersecurity program and how it is measured by taking a consolidated approach to cyber security. It needs a thoughtful IT strategy to help prevent attacks before they happen. This for instance means installing software that connects the endpoints of your IT network. This requires a comprehensive security system audit that ensures that all components communicate, and that there are no gaps for hackers.
- How does our security program compare to our competitors and have we any agreements and joint initiatives to monitor and discuss market hacks taking place?
- What types of cyber-insurance do we have and how well does this cover PR issues that might occur in an attack?