The Evolving Role of CISOs in a Flourishing Cybercrime World

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Cybercrime
The-Evolving-Role-of-CISOs-in-a-Flourishing-Cybercrime-World

Traditionally, CISOs were expected to focus only on security strategy to strengthen the IT infrastructure against potential threats and risk.

SecOps were expected to work with stakeholders to directly report stack rank risks and related threats and develop a security posture to stop them. In case of a data breach or significant security and exposure detected, CISOs lead the charge in fixing the problem. Now, with the cybercrime industry becoming more sophisticated, board members expect the SecOps teams to proactively think not only about security strategy but a resilient business strategy against major threats. The stakeholders today expect CISOs to constantly innovate, design, and implement unique strategies to develop resiliency in the IT infrastructure.

As the Cybercrime as a Service industry is flourishing, SecOps teams cannot just think about the threats in front of them but also about the potential threats that may arise and how to mitigate them while prioritizing the business goals.

Cybersecurity leaders are expected to make the right decisions that create a perfect balance between business strategy and security processes to stand straight amidst the ever-changing cybercrime industry. Modern enterprises expect the CISO to be the jack of all security and business trades to ensure protection and business continuity.

There has been a significant evolution in the CISOs role; they now play a crucial role as a strategic, business-critical role that is fundamental to getting a competitive advantage.

Also Read: Top Five Challenges for CISOs to Address with Dark Data

Cybersecurity industry veterans should have a firm hold on the changing pulse of the cybercrime world and implement resilient strategies to adapt quickly to new threats before malicious actors are able to do serious damage. Here are a few ways that CISOs can consider adapting to the changing cybercrime industry:

Cross-Functional SecOps teams

In today’s sophisticated cybercrime environment, CISOs should consider designing and implementing disaster recovery plans and assign ownership of responsibility to secure the entire IT infrastructure. They are also expected to work collaboratively with the CIOS to design data governance policies to comply with the privacy regulations and ensure adherence.

The role of SecOps no longer deals with just IT security – it has evolved into one that overviews all business areas and their increasing complexity. The IT infrastructure is becoming more complex because they also have to manage third-party suppliers. Managing third-party vendors have been one of the most significant reasons for data breaches. The CISOs today are expected to work with the clients, third-party vendors, stakeholders, and other parties involved to implement the right frameworks and securities to protect the business network from all potential threats.

 CISOs play a crucial role in protecting data

With the evolution of the CISOs role, they are still expected to keep the IT infrastructure secure as their primary responsibility. But with the current cybersecurity paradigm, they are also expected to manage data as their secondary responsibility. The board of directors today expects the SecOps teams to develop a secure data management strategy that ensures smooth information flow throughout the organization while keeping the data secure. CISOs should consider developing effective data management, data security, and disaster recovery strategies to monitor and audit the entire IT infrastructure in real time.

Also Read: Cyber Attackers Target Trusted Cloud Applications in This Digital Era

They also need to define clear roles and responsibilities to secure sensitive information from cybercriminals to minimize the risks. CISOs play a crucial in detecting vulnerabilities, defining sensitive data, and implementing effective plans. Today’s CISO role is evolved to become more complex today than before, but SecOps teams that specialize in data management can streamline the data flow and ensure data is managed and protected without affecting business productivity.

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