Optimizing Communications between Boards and Management

Next Tier helps Boards and Management communicate with each other more effectively regarding cyber. Next Tier helps management create plain-English PPT decks to communicate to their Boards:

• how the company stands with respect to the top cyber risks,
• what is most urgently needed to close the leading gaps,
• what business trade-offs, if any, would result from enhanced security initiatives, and
• what major, residual risks Management recommends that it and the Board should accept.

Boards don’t tend to need scores of the most granular security metrics and contextless laundry-lists of dozens of projects in flight.

In turn, Next Tier helps the Board with:

• how to partner with Management in setting target levels for cyber security,
• the Board’s role in accepting residual risk,
• setting tone at the top on cyber, and
• communicating clear expectations to Management about what else the Board needs from Management to exercise oversight of cyber.