Security Address: 3 Tips for Facing Cybersecurity Threats
by October 3, 2018 and last updated on February 4, 2019 on
Rapid developments in technology have greatly increased the risk of cybersecurity issues from all around the world. Companies, whether big, medium, or small, have been targeted by hackers primarily through malware attacks and phishing scams. As a result, business leaders are starting to realize the need to strengthen their organization’s cybersecurity measures. In this article, we’ll list three measures you can use to ensure the security within your organization.
The New Wave of Cybercrime Trends that Businesses Should Know
by September 28, 2018 and last updated on January 16, 2019 on
In an age where organizations and individuals are becoming increasingly reliant on the cloud, internet of things (IoT), and workforce mobility for critical business functions, it is becoming more difficult to keep track of the threats and areas where we are most vulnerable. According to CSO Online, damages caused by cybercrime are estimated to hit the $6 trillion mark by the year 2021. Experts predict cybersecurity spending to exceed the trillion dollar threshold over the next five years. With financial repercussions reaching all time highs, it’s of utmost importance to stay ahead of the curve and take note of the new wave of cybercrime trends that are expected to blight the business landscape for years to come.
The Relevance of Board Assessments
by September 20, 2018 and last updated on January 14, 2019 on
A board of directors’ main purpose is to ensure the organization’s success by jointly directing the company’s activities; this is achieved by making key decisions that would impact the organization’s bottom line. Appointed to act on behalf of the shareholders, they are entrusted to deal with issues pertaining to corporate governance, corporate social responsibility, and corporate ethics among others.
Considering the weight of their responsibilities on a company’s performance, it is quite surprising that very few organisations conduct regular assessments and derive meaningful results. In India, board assessments were a non-mandatory requirement under Clause 49 of the Listing Agreement. This is prior to Securities and Exchange Board of India’s (SEBI) Guidance Note which detailed guidelines on how board evaluations should be conducted.
Furthermore, on a study conducted by the Rock Center for Corporate Governance together with The Miles Group, it found that most board evaluations fail to recognize and correct poor performance among individual directors. In this nationwide survey of 187 boards, the results suggest that directors do not give each other honest feedback and boardroom dynamics are often sub-optimal. (more…)
The Evolution of the Board Pack: 5 Ways on How to Improve It
by September 13, 2018 and last updated on January 16, 2019 on
You rummage through your briefcase in search of your board pack: you see that some of the pages got folded because your board pack wasn’t properly stored away. After quickly going through the content, you realize that there are misprints and errors! And you don’t have time to make the necessary changes because your board meeting is in five minutes – To make things worse, you notice that some parts of your board pack, which happen to be confidential data, are missing!
Although this scenario may be a bit of a stretch, it can still happen to board directors who sit in multiple board meetings in a year. What, then, can you do to improve the quality of your board meeting packs and avoid a similar situation? Listed below are five ways on how to revolutionize your board packs:
How Cybersecurity Affects the Evolving Role of the Corporate Secretary
by September 7, 2018 and last updated on September 13, 2018 on
Rapid digital transformation has encouraged companies to move critical aspects of their business onto electronic platforms. Adopting these new technologies may mean more efficient business processes and an increased operational productivity, but these transformations do not come without risks. In dealing with the advanced technologies of today, traditional security standards may no longer be enough.
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- Enterprise-grade security: encryption, access rights control, device security
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- Automatic conversions to PDF to reduce manual conversion
- Real-time private and shared annotations with automatic archives
- Live control of other devices to synchronise pages during the meeting
Convene has many other features to improve boardroom productivity, security, and governance. or learn more about Convene's features >>