CISOs and Boards Must Unite to Tackle Escalating Cybersecurity Risks
Corporate Compliance Insights
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Contributed by: Drex DeFord
Summary
Chief Information Security Officers (CISOs) and boards of directors often find themselves at odds over cybersecurity priorities, primarily due to differing focuses—CISOs emphasize technical aspects while boards concentrate on financial implications. As cybercrime increases and regulations tighten, clear communication between these groups is crucial for improving organizational resilience against cyber threats. To bridge this gap, CISOs should express cyber risks in financial terms that resonate with board members, utilize benchmarking data to highlight internal and external risks, and adopt accessible language to garner support for cybersecurity initiatives. Recognizing the financial benefits of robust cybersecurity can help align strategies with business goals, while an emphasis on regulatory compliance will ensure that both CISOs and boards incorporate these risks into their strategic planning.
