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METRICS THAT MATTER :
THE CISO ’ S GUIDE TO ASSESSING , PRIORITIZING AND JUSTIFYING CYBERSECURITY BUDGETS THAT MAKE BUSINESS SENSE
SECTION 1 From scapegoat to strategist
To understand just how much the role of the CISO has evolved in recent the years , consider the account of one executive at a recent Proofpoint roundtable .
“ When I started in the industry , the role of the CISO tended to be the role of a scapegoat ,” he recalled . Executive leadership needed someone to blame if things went wrong . But often , they prioritized umbrella insurance policies over investments in security teams and solutions . In other words , he said , CISOs were technologists with limited resources .
This has changed the way that executive leadership views investments in cybersecurity – and the role of the CISO . Boards are paying a lot more attention to what CISOs are doing . And , reflecting the “ chief ” in their title , CISOs are deeply involved in the overall business strategy . More and more , they help to shape digital transformation in a way that manages risk , optimizes business processes and reduces avoidable losses .
Growing challenges bring new costs
With this evolution come new budgetary needs . According to a recent Forrester study , 60 % of senior enterprise security decision makers increased their security budgets in 2020 .
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But the tide is turning . Threats have grown more complex and can affect more than just a few limited systems within a business . And when cyber attacks grow into full-scale data breaches , they can quickly tarnish or destroy a brand .
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