VIEWPOINT
A NEW ROLE FOR THE CYBERSECURITY INDUSTRY WHY YOU SHOULD CONSIDER HIRING BUSINESS INFORMATION SECURITY OFFICERS TO DEVELOP SECURITY STRATEGIES THAT ARE MORE CONNECTED AND INTEGRATED INTO THE BUSINESS, EXPLAINS MYRNA SOTOM, CHIEF STRATEGY AND TRUST OFFICER AT FORCEPOINT.
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raditionally, those working in the cybersecurity industry have been technically savvy and laser-focused on finding tools and solutions to ensure that data, and the people who access it, are secure from breach or attack. At a time when the whole enterprise was safely housed in a corporate office and on the corporate network, this worked fine. However, digital transformation, open supply chains and mobile devices have been changing this paradigm for some time, and we were all beginning to change our approach. 2020 had 32
CXO INSIGHT ME
NOVEMBER 2020
other ideas, however, and changes required due to the coronavirus pandemic have exponentially accelerated these trends, bringing fresh complications around assessing and balancing risk. The mass shift to remote working has dramatically increased the unmanaged security risks of the remote working environment, from unsecured networks to using unsecure personal devices to access corporate systems. At the same time, cybercriminals keep chasing the money – we’ve seen phishing attacks up more than 667% in the first half of this year.
Couple this with the sobering financial, brand trust and intellectualproperty damaging costs of a data breach (latest research shows that the average cost of a breach is US $3.92 million) and you’ve got a perfect riskbased storm. Ensure you have cybersecurity warriors who know the business inside out I do believe that the changes our industry has had to make due to the pandemic will be irrevocable, and they go far deeper than mass home working. CISOs are no longer operating within the tight controls
