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Cyber Security: Five Leadership Issues Worthy of Board and Executive Attention

 



​Introduction

  1. How effectively does your board discuss emerging risks like cyber security?

  2. How effective is your chief information security officer (CISO) at clarifying the nature and urgency of cyber security risk with your board and executive team?

  3. Does your CISO maintain a siloed technology view or a broader business/risk view?

  4. How plugged-in is your CISO?

  5. Do you have the right leadership and talent in place to protect your business?

 

Board Readiness

How effectively does your board address emerging risks like cyber security?
Successful security strategies require boards to play a fundamental role. While boards have focused on mitigating financial risk by way of audit committees, they must now broaden their focus to include emerging risks like cyber security. As cyber security becomes a greater concern, boards must play a more active role in navigating their firm through an increasingly complex and challenging environment.

Clarifying Risk and Driving Urgency

How effective is your CISO at clarifying the nature and urgency of cyber security risk with your board and executive team?
As organizations continue to focus their attention on cyber security risks, CISOs will remain fundamental to developing and implementing the organization’s security strategy and vision. With boards increasingly dependent on CISOs for both information and the execution of security strategy, organizations must have the right security leadership in place and the proper reporting structure to establish key communication channels with the broader leadership team and to protect the enterprise.

IT Expert or Business Leader?

Does your CISO maintain a siloed technology view or a broader business/risk view?
CISOs must operate strategically, ensuring clearly visible alignment between business strategy and cyber security strategy. Top CISOs have an influential and compelling voice at board meetings and in executive committee discussions. And CISOs articulate cyber security strategy not as a simple cost of doing business but, instead, as a crucial enabler of business outcomes.

Having a Strong Relationship Network

How plugged-in is your CISO?
Information sharing has never been more essential. CISOs need a strong external network to better understand the extent of their vulnerabilities, to adopt best practices and to attract security talent. Being externally focused and proactive rather than internally focused is essential.

Talent Is the Best Defense

Do you have the right leadership and talent in place to protect your business?
The increasing complexity of cyber security threats requires new types of security leaders who can go beyond their traditionally narrow technical domains and understand how to protect the business in a holistic way. Cyber security leaders who can effectively do these things are scarce. With a high demand for talent and a low supply, knowing where to look for talent will become increasingly critical.

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Cyber Security: Five Leadership Issues Worthy of Board and Executive Attention