
By Byron V. Acohido
CISOs can sometimes be their own worst enemy, especially when it comes to communicating with the board of directors.
Related: The ‘cyber’ case for D&O insurance
Vanessa Pegueros knows this all too well. She serves on the board of several technology companies and also happens to be steeped in cyber risk governance.
I recently attended an IoActive-sponsored event in Seattle at which Pegueros gave a presentation titled: “Merging Cybersecurity, the Board & Executive Team”
Pegueros shed light on the land mines that enshroud cybersecurity presentations made at the board level. She noted that most board members are non-technical, especially when it comes to the intricate nuances of cybersecurity, and that their decision-making is primarily driven by concerns about revenue and costs.
Thus, presenting a sky-is-falling scenario to justify a fatter security budget, “does not resonate at the board level,” she said in her talk. “Board members must be very optimistic; they have to believe in the vision for the company. And to some extent, they don’t always deal with the reality of what the situation really is.





