BoardPAC, a global leader in board management automation solutions, took center stage at the Institute of Directors India’s (IOD) Global Webinar on AI and Cybersecurity in Boardrooms held on December 12, 2024. As an Institutional Partner, BoardPAC’s Director and CISO, delivered expert insights on strengthening cybersecurity and leveraging AI to transform boardroom governance.
The webinar brought together an impressive lineup of global speakers, including Sashiprabha Dharmadasa, Director of Client Services & Technical Delivery / CISO of BoardPAC, Rama Vedashree, Former CEO of Data Security Council of India, Renee Wynn, Independent Board Director and Former NASA CIO, Srihari Murthy, CEO & Founder of Factri.Ai, Chris Burt, Principal at Halex Consulting Limited, Krystyna Jarek, Founder of Booster of Innovation, and Nimitt Jhaver, Managing Partner at BitScore Cybertech LLP. The discussions focused on the evolving role of AI and the critical importance of cybersecurity in boardrooms worldwide.
Sashi, a seasoned expert, highlighted the pressing need for financial institutions and other organizations to prioritize cybersecurity. She noted that over 20,000 cyberattacks resulted in losses of $20 billion globally in the past year. She also emphasized that board members must take ownership of cybersecurity by allocating appropriate budgets and implementing proactive measures to safeguard their organizations. Citing recommendations from the International Monetary Fund (IMF), she stressed that boards must ensure robust countermeasures to avoid security breaches.
She also outlined key strategies for securing boardrooms, including leveraging AI and blockchain to automate compliance tasks while improving transparency and accountability. She highlighted how automation can effectively identify vulnerabilities and mitigate risks, enabling boards to stay ahead of evolving threats. To watch Sashi’s full presentation, click here: https://youtu.be/yKL1F2MV0cg?feature=shared&t=4983.
The event underscored how AI is reshaping traditional boardroom dynamics by enhancing decision-making, strengthening governance frameworks, and driving strategic alignment with stakeholders. As Sashi mentioned, the integration of AI is not just a tool for efficiency but a vital component for futureproofing boardrooms in an increasingly complex digital landscape.
BoardPAC’s advanced solutions, which feature military-grade security and cutting-edge AI capabilities, are empowering boardrooms across industries, including those of Forbes Global 2000 companies. By delivering secure, innovative governance tools, BoardPAC is setting a new standard for boardroom digitization.
To explore how BoardPAC can help enhance the security and efficiency of your boardroom, request a demo or consult with our experts today.