With each significant security incident, the CISO position is growing critical popular among businesses. However, the significance of a CISO role is not new; it is only now receiving the attention it deserves.
As more businesses migrate to the cloud, the requirement for robust security has grown critical. Mitigating hacks and harmful attacks have become increasingly challenging as threats evolve and become more complex. Many Fortune 1000 CISOs still assume that handling security in-house or on-premise is safer and more cost-effective—even though the opposite is often the case.
According to the Enterprise Strategy Group’s (ESG) report, “The Life and Times of Cybersecurity Professionals,” a CISO’s tenure is just two to four years on average before moving on to another role, with burnout being a major cause.
Also Read: As IoT Becomes Significant, Its Security is Still under Question
The following are a few pitfalls that CISOs must avoid in today’s business landscape.
Failure of large technical projects due to a lack of clarity on success elements
What causes large-scale technology projects to fail? CISOs frequently underestimate the foundational elements that must be in place while exaggerating the capabilities of technology. Many security programs fail to appreciate the scope and complexity of projects like network access control, governance-risk-compliance (GRC) platforms, and identity management, which can be successful.
Without a solid asset management capacity, network access control projects, for example, will fail. GRC initiatives fail because numerous teams must be involved to justify the investment, scope creep is common, and long-term support necessitates too much modification.
CISOs should fully comprehend the situation at hand, resolve it, and avoid taking on more than they can handle. CISOs need to consider the overall solution and its dependencies, integrate it into company operations/strategies and track its efficacy over time. Since security personnel will continue to be insufficient, CISOs must ensure that they have the capabilities necessary to manage the technology they implement, whether internally or through a partner.
The dearth of adequate security testing exercises
CISOs are prone to living in a bubble, believing that their security policies are sufficient. CISOs should never give the appearance that their company has achieved complete security. A mature security program demonstrates continuous internal and external security testing. A CISO should focus on conducting frequent security testing exercises with a strong emphasis on continuous security posture improvement.
Also Read: Three Steps CISOs Can Take to Strengthen Supply Chain Cybersecurity
Not establishing a future security policy
Organizations are changing and making decisions faster than ever before. They are more concerned with how many new features and products they can introduce in a given length of time. The security risk element is one key factor that is often overlooked.
While it’s great to move quickly and make changes, businesses of all sizes must ensure that proper security is in place so that they don’t become an easy target for hackers.
The organization’s cybersecurity policy and architecture must be implemented by CISOs. There’s a good risk their company will be hacked and compromised if they don’t have a security policy in place.
To provide the greatest defense plan against cybercriminals, organizations and CISOs should emphasize a cybersecurity strategy as early as possible. Incident response techniques, the creation of a security policy, staff training, and the assignment of personnel to the security team should all be part of this approach.
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