Cybersecurity Suggestions for CISOs
Buzzwords such as Artificial Intelligence, blockchain, and machine learning are most commonly used in the world of cybersecurity. The use of numerous jargons in the industry often tends to overwhelm the Chief Information Security Officers (CISOs) while conducting different inspections and presiding over conferences or webinars. The main reason behind this, according to cybersecurity experts, is the lack of an understanding of the advanced levels of cybersecurity among CISOs. As opined by cybersecurity specialists, implementing technology blindly into a business may not help fetch long-term benefits. However, most vendors fall into the trap of incorporating almost all technological trends within an organization, often overlooking the requirements of the customer. To make sure that the level of security is at par with the advancements of cybercrimes, security veterans suggest the following factors for CISOs to consider:
• Knowledge of assets: It is important for organizations to gain a comprehensive knowledge of the assets (including data) they possess. In addition, CISOs should evaluate how critical the assets are to the business. According to research conducted by Kenna security, only 60 to 70 percent of companies who leverage the required tools to assess their data and other assets are successful in attaining a profound understanding of their assets.
• Cloud security skills development: Cloud security is a challenging aspect to master, but not impossible. It is imperative that the companies take a holistic step in order to harness cloud security. CISOs should bring all key stakeholders of the organization under one umbrella along with the InfoSec as well as the applications teams and endorse an agile methodology in combating security threats.
• Paying attention to identity rather than perimeter: Organizations that allow their employees to work remotely should consider their security challenges in a different manner. Multi-factor authentication (MFA) lessens the chances of account hacking occurring from phishing attacks. Added to that, in the case of cloud services, hiring a cloud access security broker (CASB) to manage data traffic helps create a strong awareness within the organization.
• Understanding of C-level language: CISOs must make efforts to demonstrate the benefits of the changes in the cybersecurity space to the C-suite executives. The probable financial risks likely to arise due to the breach of security can motivate the executives to invest wisely in hiring and leveraging cybersecurity skills and talents.
To survive in the long run, CISOs should have a clear concept of the risks related to the business along with a robust cybersecurity strategy.