Title: https://www.cigniti.com/blog/cxos-modern-cybersecurity-practices/
1 Why CxO's must embrace modern cybersecurity
practices
2Why CxO's must embrace modern cybersecurity
practices
To stay ahead in business, the digital customer
experience transformations have become mandatory.
Cutting edge digital experiences across every
device is the need of the hour for every
customer. To fulfill their digital
transformation requirements, enterprises are
leveraging technologies such as Artificial
Intelligence (AI), Machine Learning (ML), and
Internet of Things (IoT) and are implementing
Design Thinking and Lean approaches. While the
digital transformations are imperative, it does
not come without a risk. As new digital processes
produce humongous data, they also generate a
dizzying array of cybersecurity
risks. Consequently, it will be a wise decision
for any enterprise embarking on the digital
transformation of their customer experience to
have cybersecurity as the integral part of their
culture. According to John A. Wheeler, Senior
Director Analyst at Gartner Research Advisory,
By proactively assessing risk appetite and the
value of the desired business outcome, Chief
Information Officers (CIOs) and Chief
Information Security Officers (CISOs) can
transform digital risk management into a
competitive advantage. Digital business has
created a new ecosystem where partners add new
business capabilities and security complexities.
For the business to move forward, there is a
need for CISOs to strike a balance between what
is needed in a security program and the risks to
undertake. There may be missed opportunities if
this balance is not meted out.
3Why CxO's must embrace modern cybersecurity
practices
- Address failing cybersecurity approaches
- An ineffective approach to cybersecurity often
leads to bad investments and poor decisions. - Few challenges that limit cybersecuritys impact
on business as put forth by Gartner - Societal perception is that cybersecurity is a
technical problem, best handled by technical
people. - Organizations ask the wrong questions about
cybersecurity. - Current investments and approaches designed to
address limitations are not productive. - The COVID-19 disconnect is a wake-up call for
CIOs, CISOs, and IT executives about the
critical need to address cybersecurity as a
business decision in a business context. - Create a business context around cybersecurity
- Identify the business context of your
organization to create a business context around
cybersecurity. While every organization has costs
and budgets, sources of customers and revenue,
and desired outcomes and supporting business
processes, each of these components comes with
key technology dependencies. - Identify how technology maps back to them and
understand the organizations business outcomes
and most important processes. Shift towards an
outcome-driven approach to cybersecurity using
the business context as guide.
4Why CxO's must embrace modern cybersecurity
practices
Cignitis Cyber Security Testing experts have a
watchful eye on the technology landscape helping
organizations to prevent, detect, and solve the
complex security issues that damage brands and
hamper productivity. Organizations are protected
by assessing system vulnerability, scanning
digital threats, and defining intelligent, secure
solutions that match end client needs. Cigniti
has a proven record of helping a
multi-billion-dollar pharmaceutical company
obtain vulnerability assessments of its
applications and derive value from the
Information Security metrics. Need help? Consult
Cignitis team of experienced security testing
experts to understand how they can help tackle
and prevent any malicious cyberattack against
your organization. Schedule a discussion
today. Read Full Blog at https//www.cigniti.co
m/blog/cxos-modern-cybersecurity-practices/
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