Advisory for Corporate Boards
Boards are now personally accountable for technology and enterprise risk oversight in a way that didn’t exist a few years ago. Directors are expected under disclosure rules to show real process, not just good intentions, and expected by shareholders and regulators alike to get it right before an poor technology decision forces the question. Elano provides ongoing, fee-based advisory support to whichever committee or structure owns that responsibility, translating complex technology and risk exposure into the financial reporting, enterprise risk, and disclosure language your board already uses. Elano prepares committee-level briefings for audit, risk, technology, or the full board, helps align management and the board on accurate oversight and expertise disclosures, and supports materiality determinations when an incident hits.
When boards need to move fast, Elano supports special or ad hoc committees working directly alongside outside counsel and Advisors to help preserve privilege, and supports the full board on diligence during acquisitions and major strategic technology decisions. Elano’s Advisors bring decades of experience, the trust of hundreds of executives, and active roles in the executive-led associations shaping how these standards evolve, giving your board a genuinely credible, independent line of sight into the risk it’s accountable for.
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Committee-Level Oversight, Built Around Your Board’s Structure
Audit Committee Support
Elano’s Advisors help audit committees strengthen oversight of financial reporting controls, internal controls disclosures, and the enterprise risk management frameworks tied to technology and overall exposure. Elano guides incident materiality determinations in line with the SEC’s 2023 cyber disclosure rules, so the committee’s judgment holds up under later scrutiny, not just in the moment a decision gets made.
Risk Committee Support
Elano’s Advisors help larger companies and regulated entities fold technology risk into a broader enterprise risk view, alongside operational, financial, reputational, and third-party or vendor risk. This gives standalone risk committees a clear line of sight into real exposure, instead of leaving technology risk in a silo the rest of the risk framework never touches.
Technology Committee Support
Elano’s Advisors help technology and digitally transformed businesses build out a dedicated technology or IT committee function covering not only cybersecurity but also digital strategy, data governance, and infrastructure investment. Elano brings the standards these committees are ultimately measured against, so the function is built to hold up under examination, not just to exist on an org chart.
Full Board Briefings
Elano’s Advisors help boards meet SEC disclosure requirements under Item 106 of Regulation S-K by preparing full board discussions on risk oversight processes and management’s role. These briefings carry particular weight around major incidents, M&A cyber diligence, and strategic technology decisions, the moments when a board’s oversight record actually gets tested.
Nominating and Governance Committee Support
Elano’s Advisors help nominating and governance committees assess whether the board has sufficient technology expertise, particularly in cyber, reflected in its composition. Elano also helps confirm that public disclosures about that expertise are accurate, so the board isn’t exposed by a gap between what it claims and what it actually has.
Special and Ad Hoc Cyber Committee Support
Elano’s Advisors help companies stand up special or ad hoc committees in the wake of a major breach or incident. Elano works alongside outside counsel and forensic Advisors, reporting directly to the committee, to help preserve privilege while the company works through the incident.
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What Elano Offers
Elano provides advisory support to individual board members, board committees, and technology councils, structured around six core deliverables.
Committee-Level Briefings
Elano prepares audit, risk, technology, or full board materials that translate technical cyber risk into the financial reporting, enterprise risk, and disclosure language your board already uses. Directors get material they can act on directly, rather than a technical briefing they have to translate themselves before the discussion can move forward.
SEC Disclosure Readiness
Elano helps management and the board align on an accurate description of cyber oversight processes and expertise under Item 106 of Regulation S-K, and supports the audit committee’s incident materiality determinations. Getting this language right before a filing is due protects the board from disclosures that don’t match the reality of its process.
Board Cyber Expertise Assessment
Elano works with the nominating and governance committee to evaluate whether the board has sufficient cyber expertise and whether public disclosures about that expertise hold up. This assessment gives the committee an independent basis for board composition and succession decisions, not just an internal self-assessment.
M&A and Strategic Technology Diligence
Elano supports the full board on cyber diligence during acquisitions and major technology decisions, surfacing exposure that a standard financial or legal diligence process isn’t built to catch. This gives the board a clear-eyed view of technology risk before it becomes the company’s risk.
Incident Response Support
For special or ad hoc committees formed after a breach, Elano works alongside outside counsel and forensic Advisors to support the committee’s oversight role. Elano’s presence gives the committee an experienced, independent perspective at the exact moment decisions carry the most consequence.
Risk-Informed Budget Allocation
Elano works with boards to understand not only their risk exposure, but where they can apply budget most effectively to reduce the greatest amount of risk. This turns technology and security spending into a deliberate allocation decision the board can stand behind, rather than a defensive line item nobody has stress-tested.
Elano’s advisory agreements are structured around the engagement and vary depending on the stage of the relationship.