The Future of Cybersecurity and the Key Role of CISO


The ongoing digitization of international service and financial flows, besides creating new opportunities for companies worldwide, also generates new threats. In the era of today’s digital challenges (ransomware attacks, phishing, data breaches), both medium-sized businesses and large corporations must implement and update cybersecurity strategies. However, this cannot be done without the commitment of the CISO – the guardian of the virtual infrastructure. 

 

CISO (Chief Information Security Officer), the head of information security, is the highest-ranking specialist in cybersecurity in an organization. His task is to oversee and actively manage all areas of information security, including data protection, threat identification, and incident response (data breach, cyber-attacks). 

Among the main tasks of CISO is the development and implementation of strategic information security plans. This process involves risk analysis, identification of vulnerabilities, and the determination of security goals. The Chief Information Security Officer is also responsible for overseeing incident responses, ensuring quick identification, analysis, and elimination of unwanted events. 

An essential duty is also the implementation of modern security technologies, such as intrusion detection systems, firewalls, and antivirus solutions. CISOs often represent the core of innovation in a company. According to a survey conducted among CISOs by the American software company Splunk, 86% of respondents stated that their role has changed so much since they started that it is practically a different job. 

The Chief Information Security Officer should actively build cybersecurity awareness among the staff. As part of these activities, CISO diagnoses employees’ competencies, conducts theoretical and practical educational activities in the field of digital security, and carries out phishing campaigns or other actions to verify the knowledge of colleagues. Finally, the CISO is responsible for monitoring and ensuring digital compliance of the organization’s policy with currently applicable legal regulations, such as GDPR or the Cyber Resilience Act. 

The CISO position, existing in corporate structures since the mid-90s, relatively recently gained well-deserved recognition and authority. This change was caused by dynamic technological development and the digitization of service and financial sectors. An important event that further strengthened the CISO’s position in recent years was the COVID-19 pandemic. Disrupted supply chains, changes in market relations, and the shift of employees and consumers to remote work forced a change in the technological profile and strategies of many companies. 

Artificial intelligence (AI) and generative artificial intelligence (GenAI) provide further opportunities to expand the influence and competencies of CISO. GenAI solutions offer advanced threat detection, automation, and adaptive defense against cyber threats. AI can also assist in maintaining intelligent, automated legal compliance with continuously enacted regulations. 

To learn more about the role of CISO directly from professionals, join the CYBERSEC CEE Expo & Forum 2024 today. As part of this year’s edition, we invite you to the meeting of representatives from the CISO #Poland foundation, bringing together over 200 cybersecurity leaders from both the private and public sectors. In addition to addressing the topic of information and data protection, participants can expect panels dedicated to cybersecurity in transportation, breakthrough achievements in quantum computing, and artificial intelligence in the European Union. Join us to collaboratively build a resilient cyberspace with experts from Europe and around the world. 

 

 

References: 

https://www.financierworldwide.com/ahead-of-the-cyber-curve-the-evolving-role-of-the-ciso 

https://www.westmonroe.com/perspectives/in-brief/the-importance-of-a-ciso