Your Board Stopped Asking About Spend. Now They Want Exposure.

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Three years ago, your board asked, "How much are we spending on technology?" Now they're starting to ask, "What's our exposure?" And those are completely different questions. And the gap between them is where reputations get damaged.

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The shift is happening because boards are becoming more technology literate or because they've watched enough businesses struggle at this to know which questions matter. And what's our exposure is essentially a governance question, not an IT question. It means what would happen if we had a breach?

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What if a key system goes down? What technology decisions has the board not been informed about? Most CEOs I've spoken to have an IT answer ready. Very few have a governance answer. Why the gap? Because technology governance has historically been treated as an IT department responsibility, not a board level one. The language is different. The risks feel abstract. The

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boards have been content to delegate downward, but that's changing partly driven by regulation, but partly by the high-profile failures that have made it into the news. But the board is catching up and very fast. So, how do you prepare? Well, this is what you can do.

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Build a one-page technology risk summary. not an IT report, but a tech risk summary for your next board meeting. This should have three sections. So, what are the three most critical systems and what's our recovery plan if they fail? What's our current cyber exposure and what are we doing about it? And what significant technology decisions are coming in the next 12 months that the board should be

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aware of? One page, plain English. That's what governance looks like at this level.