Dropbox encrypted folder6/4/2023 So how can you operate a board with the modern expectation of instant, convenient information access and protect your sensitive documents shared over the Internet? You have some choices to make the exchange more secure. News coverage about leaks show how information getting out can compromise a company’s competitive advantage, reputation, and commercial success – even if the information accidentally released is recovered. Sensitive boardroom discussions that have both personal and business elements and implications.Ĭonfidential, non-public corporate information including: proprietary information that is of competitive, commercial value to the company inside information about the company’s finances, operations, and strategy and sensitive information regarding board proceedings and deliberations. Material, non-public information, the disclosure of which is regulated by federal securities laws and by company-wide policies and procedures. First, why get serious about board information security?Īccording to a Harvard Law article on Maintaining Board Confidentiality, Directors’ legal obligations to protect confidentiality includes safeguarding the following types of information: But are you as sensitive relaying board information around? Many aren’t. When you’re about to hand that off you probably have security top of mind. It’s the most sensitive packet of information most of us send out every year. The private and sensitive information contained in our tax documents are the essence of an identity thief’s dreams: names, addresses, banking information and so on. Would you be comfortable sending off your personal tax info via email? Security check – is email or Dropbox safe for sharing board information?
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