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Reevaluating the CISO Role: A New Perspective for 2024

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Chapter 1: The Changing Landscape of Cybersecurity Leadership

In today's environment, the Chief Information Security Officer (CISO) must possess political savvy, managerial expertise, and a strong personal presence, rather than solely relying on technical skills. The CISO role, which has only emerged in recent decades, is in a state of constant evolution.

Research conducted by the Security Transformation Research Foundation highlights that the CISO role has undergone two distinct phases since its inception, as it approaches its third decade.

According to a study analyzing 17 annual global security reports from EY between 2002 and 2019, the CISO's journey has been marked by significant transformations.

Section 1.1: The Compliance Era

The early 2000s can be characterized as the "Compliance Decade," where security was primarily viewed as a balancing act between regulatory requirements, risk tolerance, and cost management. During this period, the CISO primarily functioned as a risk manager.

Compliance Era Overview

Section 1.2: The Realization Decade

The last decade has been termed the "Realization Decade," wherein cybersecurity began to be recognized as a vital defense against tangible threats, particularly amidst a surge in cyber-attacks and data breaches. This shift was further complicated by rapid technological advancements and the fallout from the 2008 financial crisis.

CISOs have faced significant challenges during this time, constantly battling against an unrelenting wave of cyber threats. Their roles have often been questioned and, in many cases, diminished. The advent of cloud technologies and the pressing need for digital transformation have reshaped the responsibilities of both the CIO and CISO. In numerous organizations, the CIO now shares authority with Chief Data Officers and Chief Digital Officers while grappling with legacy systems and mounting pressure from business units eager for a competitive edge, a situation exacerbated by the COVID-19 pandemic.

Chapter 2: The Need for a Comprehensive Approach

As the role of the CISO evolves, it risks becoming obsolete if it remains tethered to the historical functions of the CIO, potentially relegated to the role of a custodian of an increasingly hollow infrastructure amidst a convoluted supply chain.

The first video, (Q&A) Chief Information Security Officer: Roles and Responsibilities, explores the multifaceted duties of the CISO and the necessary skills for effective leadership in cybersecurity.

The persistent threat of large-scale cyber-attacks has elevated cyber risk to a prominent position on the Board's agenda. However, “Information Security” is often viewed as just one facet of a broader issue. Boards now seek a comprehensive understanding of the enterprise's overall capability to withstand and recover from cyber incidents. This shift has led to the emergence of broader enterprise security functions, which can undermine the traditional role of the CISO.

Privacy regulations, such as GDPR, have also significantly influenced the security agenda at the Board level, particularly in Europe, with similar laws appearing across the U.S. and globally. Many organizations have invested heavily in compliance efforts, yet CISOs often struggle to leverage this focus politically, as the issues are predominantly treated as legal concerns.

The second video, The Evolution of the CISO Role | An Interview with IDC's Frank Dixon, discusses the changing dynamics of the CISO position and the critical leadership qualities needed for success.

As the CISO role enters its third decade, it is essential to adopt a fresh perspective. Organizations must abandon the notion of a single individual embodying all necessary skills—capable of communicating with the Board, engaging with hackers, and collaborating with developers across the enterprise and its supply chain. Such ideal profiles are no longer feasible, given the complex nature of cybersecurity today.

The CISO must evolve into a leadership figure who structures, organizes, delegates, and coordinates efforts within their team and the broader organization, including third-party partners involved in business operations.

Despite a well-established understanding of cybersecurity best practices, many organizations have failed to protect themselves effectively due to an overemphasis on technical solutions. This short-sightedness has hampered long-term strategic planning and execution, particularly in the face of ongoing cyber threats.

The primary focus must now shift toward effective execution within cybersecurity, as the role of the CISO transitions into what could be termed an “Execution Decade.” With the prevalent belief that cyber-attacks are inevitable, organizations must redefine their approach to the CISO role, moving beyond simple financial investments in technology solutions.

Ultimately, the future of the CISO role demands a strong emphasis on leadership capabilities, political awareness, managerial experience, and personal credibility over mere technical prowess.

For more insights on Cyber Security Leadership, subscribe to our newsletter. Contact Corix Partners to learn about building a successful Cyber Security Practice for your organization. Corix Partners is a specialized management consultancy committed to helping C-level executives address challenges related to Cyber Security Strategy, Organization, and Governance.

This article is a revised version of one originally published on Forbes on March 10, 2022.

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