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Modern Governance 3.0: Modern Governance Extends Beyond the Boardroom to Allow Secure Sharing of Files and Collaboration with Auditors, Regulators and Other Third Parties

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In its next major extension to support modern governance, Diligent announced today the launch of Secure File Sharing and Secure Meeting Workflow applications, as part of the Diligent Governance Cloud. These groundbreaking applications enable completely secure collaboration not only between board members and executives, but also reaching beyond the boardroom including auditors, regulators and other key third party stakeholders. This significantly raises the bar on security and information governance for organizations operating in this digital, mobile and social era.

In today’s fast-paced world, threats come at light speed – from every angle. Leading organizations must set increasingly higher standards to protect against cyber attacks and leaks, while at the same time work collaboratively with more outside parties. Even competent leaders can have blind spots when it comes to the handling of highly sensitive files, specifically in preparation for a board meeting, sharing documents haphazardly with limited controls and visibility into who has access. Modern governance demands another level of security for data within your organization – one that goes beyond even normal file storage systems.

Diligent Secure Meeting Workflow and Secure File Sharing enable secure, controlled collaboration that helps organizations level up their security and lock down risk – supporting the practices of leading CISOs and CIOs. By offering Secure Meeting Workflow and Secure File Sharing applications as integrated components of the Governance Cloud offering, Diligent enables a comprehensive communication framework for critical documents and facilitates their use in collaboration beyond the board and executive team, down through the organization and even outside of the organization where necessary.

“In today’s high-stakes environment, board members and leadership teams need a closed-loop solution that enables them to effectively collaborate on critically sensitive documents, not just their board materials, without exposure to leaks or attacks,” said Brian Stafford, CEO of Diligent. “And while our solutions have always provided the utmost security within the boardroom, I am proud to expand the Governance Cloud to support file sharing and collaboration outside of the boardroom – down through the organization and with auditors, bankers, regulators and other third parties. Modern governance requires protecting a company’s most important data at an even higher standard, and we now enable that secure, controlled collaboration, during board meeting preparation and beyond.”

Diligent Secure Meeting Workflow enables a structured and totally secure board meeting preparation process, including the ability to confidently share and collaborate on ultra-sensitive files with a carefully controlled group of internal and external stakeholders. By operationalizing and securing the meeting preparation process within a straightforward, easy-to-use application, Secure Meeting Workflow comprehensively displaces the use of non-secure email and messaging applications to communicate sensitive information to the board.

Diligent Secure File Sharing gives leaders a completely trusted private space, available exclusively to them for the distribution and storage of sensitive documents. This private space – including IT shielding that is lacking in standard file storage systems – supports sharing and collaboration on documents confidentially with specifically selected individuals or groups.

"AEGIS has been a Diligent customer for several years. For us, Diligent Boards is an essential tool for confidentially and reliably disseminating board materials and related information. We are very pleased to learn that Diligent is now able to support secure collaboration during our board meeting preparation process.” said Mark A. Walsh, General Counsel and Corporate Secretary for AEGIS Insurance Services, Inc. “We look forward to having a tool for our meeting preparation process that will deliver the same standards of efficiency, innovation, and ease of use that we have come to rely on from Diligent."

These new applications are built from the mature technology acquired from Brainloop AG, the leading supplier of board portal and secure collaboration solutions used within the enterprise for high-security collaboration on confidential documents. Providing secure cloud storage for enterprises in Germany and throughout continental Europe, Brainloop is used by 70% of Germany’s DAX 30-listed companies.

Learn more about the security required by modern governance here.

About Diligent

Diligent is the pioneer in modern governance. Diligent empowers leaders to turn governance into a competitive advantage through unparalleled insight and highly secure, integrated SaaS applications, helping organizations thrive and endure in today’s complex, global landscape. The company’s trusted, cloud-based applications streamline the day-to-day work of board management and committees, support collaboration and secure information sharing throughout the organization, manage subsidiary and entity data, and deliver the insights and information leaders need to mitigate governance deficits and seize new opportunities.

The largest global network of corporate directors and executives, Diligent is relied on by more than 16,000 organizations and 650,000 leaders in over 90 countries. With award-winning customer service across the globe, Diligent serves more than 50% of the Fortune 1000, 70% of the FTSE 100, and 65% of the ASX.

Visit www.diligent.com to learn how modern governance helps organizations outperform their peers and the competition.

Contact information

Diligent Corporation
Greg Nyhan, 646-215-6884
gnyhan@mww.com

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