Security is one of the fastest-growing and most complicated areas of information technology , and is a major concern for businesses in just about every industry. Businesses continue to be confronted by growing threats to their data security and have to adapt to the changing rules and regulations as well as the changing security landscape. Sadly, security incidents as well as data breaches are taking a regular to business these days. Companies are realizing the importance of having an Information Security Officer (CISO), responsible for security. It is also important to have an executive responsible for making security decisions and educating the management team on security risks. It is surprising that very few organizations have an devoted CISO who is in charge of security within the organization. These are just a few of the frequent questions I've been asked as a security expert working with a variety of businesses to highlight the importance and value of a CISO.
The CISO assists the executive team on how the company needs to meet security requirements to do business in their particular industry. The office of the CISO is a member of the team who together have as a view of the dangers facing the company and puts in place the appropriate security technology and processes to mitigate the risks to the organization. She has the authority to report any potential risks to the decision-makers and to decide on independent actions if necessary. She advocates for investments and resources to ensure security practices receive the appropriate attention.
The role grows in importance with every security breach, vulnerability, or incident that happens. In the past few years security threats have become increasingly aggressive and can range from hackers to criminal enterprises.
Executive Presence Executive Presence: The CISO must be able to explain the company's security policy and influence the executive. They must be able identify and assess threats and translate them into a language executives understand.
Business Expertise: The CISO needs to understand the business processes and the crucial data that organization is trying to protect. She must be able look at business operations from the perspective of security and risk and also implement controls to limit disruptions and reduce risks.
Security Knowledge: The CISO must understand complicated security configurations from a technical point of view and translate the details into a language that is comprehended by other executives.
A CISO will be responsible for the following tasks, however, the specific duties would be contingent on the size and level of maturity of the company.
Reporting and Executive Management Communication Prepare reports, present and provide advice to the top executives on security concerns.
Risk Assessment: To determine the risk of each asset within an organization, perform risk assessments.
Strategic Security Roadmap: Create a roadmap with budget and prioritized initiatives.
Risk Management Program: Examine and provide advice on any new security threats , while maintaining the risk register and corrective actions plan.
Audits and Compliance with Regulatory Compliance Document the top-level requirements for compliance to ensure that strategic goals are achieved within a controlled and secure environment.
Vendor Management is responsible for overseeing vendors and ensuring that they are doing their due diligence.
Policy and Procedure Management: The creation and implementation of security policy and procedures.
Asset Assessment Classify assets on the basis of their importance and value to business.
Security Architecture: Review security architectures for new projects and applications.
Awareness and Training: Keep/update training materials and awareness plans.
Management of Incidents: Coordinate, share information and coordinate a response to security incidents and events.
In a perfect world, every firm has an CISO. The vital role of CISO is vital to the success of any organization, no matter its size or industry. A small or medium-sized business may not have the resources to afford the expense of a dedicated office of the CISO. In these situations it might be advantageous for the CIO to assume the role of an CISO and use external consultants to provide specific advice and assistance.
Many organizations realize that their IT staff are working on their own and do not they turn to them for assistance. They do not have the experience of conducting an assessment of risk and then making recommendations to resolve difficult business related issues. The CISO must be aware of business risks and not only IT.
A holistic approach to cybersecurity is vital to ensure successful implementation. This holistic approach must be based on processes, people technology, as well as business. It must also take an approach that is business-oriented and risk-balanced. Success of an information security plan has as much to do with people and process as it is with technology.
It is vital to have a security staff that is responsible for overseeing and managing information security. and having a well-trained CISO is one of the most essential tasks in an overall strategy to effectively ensure the security of your company's vital data.