How to Create Cybersecurity Reports That Reach the Board of Directors

Cybersecurity is a complicated and constantly evolving field that requires effective communication between all stakeholders within the organization. Security leaders must be able provide clear information regarding their progress without getting bogged-down in technical details. Yet many cybersecurity reports are too technical detailed, lengthy, and difficult to understand to the average reader which hinders security teams from engaging in transparent communication regarding risk and security programs that is crucial to avoid breaches and keeping the company safe.

When creating a cyber-security report it is crucial to remember that the primary audience will not be the IT department but the board. The report should be focused on business risk, rather than technology, in order to get the board’s attention and help them understand the risks that your company faces.

For example, if the report indicates that the outdated web server software is responsible for most of the business’s security risks The report should convey this information in a way that highlights the impact to the company and its bottom line. It is also crucial to ensure that the reporting of security risks is easily understood by non-technical audiences in particular since compliance with regulations and framework alignment are becoming increasingly significant issues for boards of many.

Fortunately, UpGuard offers a library of report templates which are optimized to meet the main requirements of the board and the senior management. These templates aggregate security performance insights that are commonly requested by the board, like vendor summary reports that focus on key metrics like vulnerability management performance, third-party attack susceptibility, and critical risk distribution all of which are essential to establishing an effective risk assessment and mitigation process. These reports can be immediately generated and exported as slides, removing the burden of preparation for board meetings and making it much easier to distribute the reports to the entire board.

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