Emphasizing Board Portal Security | Directors Desk

Data security is increasingly a priority for Boards of Directors. Today, corporations are being targeted by not only sophisticated criminals, but entire nation-states, intent on stealing money, gaining a competitive advantage, or disrupting operations. Companies can often be in the cross-hairs of adversaries who are working around the clock devising new ways to gain access to valuable, confidential information. One such repository for this type of information is the documentation provided to directors during board meetings. Ensuring the security of this information remains a critical concern for Corporate Secretaries.  Focus on these core principles when deciding what board portal solution to move forward with:  

Integrity: What can you tell us about your clients and their successes?

Mitigating Risk: What security and compliance functionality does your solution offer? Does your solution have a digital paper trail, archiving, audit trails ad reporting?

Service: What does your current service model look like? Will I have support 24/7/365?

Practicality: What challenges might we face in adopting a board portal solution? Is it possible to demo this solution in parallel with our traditional approach?

Simplicity and Ease of use: What sort of training is available to the directors and support staff? Is this a turn-key solution?

Mobility: Do you offer mobile solutions to access data and communications? Do these have the same security controls as your desktop application?

Value: What kind of ROI do clients typically achieve from this solution? Do you offer value-added resources or relationships that we can leverage?

As the corporate landscape continues to evolve, companies are looking for ways to be faster, smarter and more innovative, and it all starts at the top. The integration of digital technology—and more recently, mobile technology—into the boardroom provides directors and secretaries with the opportunity to collaborate and communicate faster and more effectively from anywhere in the world. Boards should ensure that the technology in question has intuitive usability, advanced security measures and the blessing of all board participants— and then enjoy the peace of mind that follows knowing they’re keeping themselves, and their company, better informed, and ahead of the curve.

For more detailed information on security controls and mechanisms in place for NASDAQ OMX Directors Desk, please contact us at support@directorsdesk.com.