Intelligent CISO Issue 65 | Page 18

cyber trends
THE ROLE OF THE CISO HAS DRASTICALLY EVOLVED IN RECENT YEARS AS CISOS ATTEMPT TO KEEP UP WITH THE PACE OF DISRUPTION AND VARYING BUSINESS CHALLENGES . THE GLOBAL CHIEF INFORMATION SECURITY OFFICER ( CISO ) SURVEY SHEDS LIGHT ON THE FACT THAT COMPANIES ARE NOW SEEKING TO BROADEN THEIR HORIZONS , VENTURING BEYOND TRADITIONAL INDUSTRY-AND IT-SPECIFIC CRITERIA WHEN SELECTING CISOS .
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E of a cooling hiring market , the role of the Chief Information Security Officer ( CISO ) is maturing as organisations ’ technological needs and risks become greater and multiply , according to the 2023 Global Chief Information Security Officer ( CISO ) Survey , released by Heidrick & Struggles , a premier provider of global leadership advisory and on-demand talent solutions . To ensure success and continued organisational sustainability , organisations and leaders must recognise the critical role of the CISO and prepare for the future . This includes considering a robust succession plan , investing in cybersecurity expertise and leadership development and offering competitive compensation packages .

Additional research from Heidrick & Struggles revealed 76 % of CISOs said

Survey reveals AI and ML pose most significant cyber-risks , while stress levels reach new heights

they were very or entirely open to changing companies in the next three years , underscoring the importance of succession planning and an increased focus on retention strategies .
“ The increasing importance of cybersecurity in today ’ s landscape is creating a significant shift in the role of the CISO as organisations face heightened professional and personal risk ,” said Matt Aiello , Partner at Heidrick & Struggles . “ The most advanced companies are taking measures to eliminate risk within the CISO role , while strengthening their overall cyber programme through robust succession planning , severance protections , D & O policies and including cyber expertise on boards .”
Professional and personal risks are greater than ever
The importance of the role of the CISO continues to grow as digital
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