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CISOs, Board Members Have Widely Divergent Views on Cybersecurity
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abbottanderson
abbottanderson,
 User Rank: Apprentice
4/19/2017 | 7:23:56 AM
Microsoft
Thanks for sharing about cybersecurity
JohnDJohnson
JohnDJohnson,
 User Rank: Apprentice
4/19/2017 | 12:01:07 PM
Title
Your editorial staff should have fixed the apostrophe in the title. CISOs is plural and not possessive. I'd like to share this because it is informative, but others will be critical of the title on social media and not continue on to read the article.
Marilyn Cohodas
Marilyn Cohodas,
 User Rank: Strategist
4/19/2017 | 1:17:11 PM
Re: Title
You have a good eye. Thanks for calling our attention to this. It's fixed! -- The editors
TerazTVSeriale
TerazTVSeriale,
 User Rank: Apprentice
4/20/2017 | 6:11:55 AM
thank
Thanks Jai. Very useful information, i'll share it with my friends
JulietteRizkallah
JulietteRizkallah,
 User Rank: Ninja
4/20/2017 | 12:00:24 PM
Boards do look at the financial risk
In some cases, boards do look at the potential financial risk from a cyber attack. More and more they advise to transfer that risk to a cyber insurance company.  Though they do not weight on decisions to buy security infrastucture, they are side by side with the top exec to recommend and decide on purchasing cyber security insurance.  This was presented by Diligent and the NYSE governance services at their San Francisco Conference in February 2017.  This trend though reinforce the article's mention that Board and CISO do not speak the same language, one speaks risk and mitigation, while the other stays at a technical level and has difficulty translating their points in business term. And that needs to change.
vladdight
vladdight,
 User Rank: Apprentice
4/20/2017 | 9:47:57 PM
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Thanks for sharing! Had no idea this was happening.
PeterCohan
PeterCohan,
 User Rank: Author
4/21/2017 | 12:59:23 PM
Re: Boards do look at the financial risk
This research is interesting but it misses an important point. Boards and CISOs generally speak different languages. Rather than expecting CISOs to understand the board perspective, CEOs should appoint translators who can help CISOs understand the issues that are of most concern to boards and help CISOs identify what they can do to help board members address those key issues and communicate in a way that board members will understand.
Joe Stanganelli
Joe Stanganelli,
 User Rank: Ninja
4/24/2017 | 7:37:31 PM
Re: Boards do look at the financial risk
> This research is interesting but it misses an important point. Boards and CISOs generally speak different languages.

Ultimately, today's CISO/CSO has to be able to have those "soft skills" of communication.

More to the point, the increasing trend of having CISOs report to boards is part of the acknowledgement that having the CISO report to the CIO represents a conflict of interest in the CIO's office.
Joe Stanganelli
Joe Stanganelli,
 User Rank: Ninja
4/24/2017 | 7:36:17 PM
Re: Boards do look at the financial risk
Ultimately, cybersecurity is a risk-management and risk-assessment issue.

InfoSec, data privacy, and data compliance are all three separate circles in the Venn diagram of data stewardship; even though they overlap in many areas, they often do not -- and sometimes they outright conflict with each other!

So at the end of the day, it's all about risk-benefit analysis, risk tolerance, and frameworks for risk assessment/risk governance.


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