Organizations demand a lot from their CISO and cybersecurity teams. Deploy technology in a rapidly changing marketplace. Build digital trust across the enterprise and across markets. Provide consumers with the protection and privacy they demand. Make sure the information used to decide on markets, product and pricing is reliable. Keep data secure; keep transactions safe.
Cybersecurity leadership has become critical, not just for risk control but for value creation. But do organizations invest enough to help their CISO develop a strong combination of strategic, communications and technical skills?
Harvard Business Review Analytic Services conducted a survey, sponsored by PwC, which looked at 211 business executives. The survey revealed that organizations are not emphasizing cybersecurity leadership development, even as investment in cybersecurity becomes more critical.
Is your organization offering the same opportunities to cybersecurity leadership development that are offered to other business leaders?
CEOs and boards can do a lot to support and fully empower the role. Charge CISOs with managing cyber risks strategically throughout the business. Empower them to drive change.
By bringing CISOs and cyber teams out of the threat management silo, CEOs will have stronger partners to manage the risks from initiatives that are fundamentally changing the way their organizations operate, deliver value and generate growth. Organizations will have a C-Suite officer who looks after customer and business partner trust in data and transactions.