Information services group Thomson Reuters is launching a mobile iPhone application for its BoardLink service. It is being promoted as “a secure board workflow solution” designed to further accommodate companies that operate across borders and have increasingly mobile, global boards.
The new app provides boards of directors with access to company and business intelligence (BI) information through a secure mobile solution. Directors now are able to respond immediately to urgent action items such as board resolutions, draft documents with a digital signature enabling a digital audit trail, as well as respond to and send secure messages to fellow board members.
Available online and offline, the app is compatible with Apple’s iOS 7 and iOS 8 platforms, and with the iPhone. It complements the existing BoardLink iPad app and web versions of Boardlink. Documents are encrypted for review online and offline via the app and a calendar enables board members to manage their schedule efficiently.
“As more confidential board information transitions from print to digital formats, together with the increasing reliance of globally dispersed boards on mobile devices, data security has never been more critical,” said Phil Cotter, managing director, risk, Thomson Reuters.
“(The app) maintains the highest level of security possible for our clients, while bringing together all the major capabilities that board members need on the go – straight from their iPhone. This launch is part of our continuous development of BoardLink and represents another major step forward in providing secure, mobile solutions for our clients.”
Thomson Reuters cites its recent
board governance survey
, which revealed increased cybersecurity risks to boardroom communications.
The survey found that over 60% of organisations never or only occasionally encrypt board communications, and only a quarter indicated they always do so. Cybersecurity information is the least-requested information by the board, with only 32% of boards frequently or very frequently requesting such information.
“As concerns around data security continue to rise, BoardLink reduces the risk of sending sensitive information over email or other non-secure channels,” the group commented.
However, a London summit on the industry’s introduction of the technology cautions that testing and acceptance are still at an early stage and firms should proceed with caution.
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