A new survey paints a compelling picture of the modern security executive, how they succeed, and how much power they wield.

Mike Convertino, Chief Security Officer at Arceo.ai

October 19, 2017

3 Min Read

Chief Information Security Officers are in a tough spot. Organizations are squeezed by cyber criminals, new compliance requirements, and bleeding-edge technologies that erode privacy and stability. The team that leads defense efforts is becoming a more and more vital player in the long-term survival of any organization that sells, uses, or produces information technology — that is to say, everyone. But what do we really know about CISOs and how they operate?

Many surveys talk about CISO salaries and job prospects, but we felt that the industry as a whole needed to fully understand what goes into the day-to-day job of a CISO. F5 and research firm Ponemon teamed to directly survey CISOs. Our goal: to draw as complete a picture as we could on the modern security executive. In the report, "The Evolving Role of CISOS and Their Importance to the Business," we focus on key areas like budgetary control, organizational influence, decision rationale, and strategic methodology. In other words, how do CISOs succeed, and how much power do they wield? We also delve into the background of CISOs and their experience, both in terms of technical capability and business savvy.

To cast a wide net, we interviewed senior level IT security professionals from 184 organizations in seven countries, tracking nearly 70 questions. We wanted a deep, unbiased look at the contemporary CISO. The results are eye-opening, and both encouraging and worrisome.

First, the discouraging news: security programs appear to be reactive: 60% of respondents say material data breaches and cybersecurity exploits are the primary drivers of change in security programs. A mere 22% of respondents say their organizations’ security function is integrated with other business functions. Perhaps most concerning, only 51% say their organization has an IT security strategy and, of those, only 43% say that the company strategy is reviewed, approved, and supported by C-level executives.

Now the is good news. A full 77% of respondents say their IT security operations are aligned with IT operations, although fewer respondents (60%) say they have achieved alignment of IT security operations with business objectives.

Furthermore, there are some promising trends in the day-to-day responsibilities CISOs hold. Most CISOs (67%) believe they should be responsible for setting security strategy, and the majority are influential in managing their companies’ cybersecurity risks, with 65% reporting to senior executives (meaning, no more than three steps below the CEO on the organization chart). Over half (61%) set the security mission and are responsible for informing the organization about new threats, technologies, practices, and compliance requirements (60%). In the event of a serious security incident, more than half (60%) have a direct channel to the CEO.

These findings indicate both the challenges and the progress CISOs are making in today’s complex environment. I invite you to reflect on and discuss these findings with your peers and in the comment section below. My hope is that we now have a foundation for more meaningful conversations with one another, and have a greater impact on our organizations. I also hope the broader discussions we are driving here at F5 Labs are providing CISOs and future CISOs the tools to tackle this challenge.

There's a lot there. You can read the full report here

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About the Author(s)

Mike Convertino

Chief Security Officer at Arceo.ai

Mike Convertino is the chief security officer at Arceo.ai, a leading data analytics company using AI to dynamically assess risk for the cyber insurance industry. He is an experienced executive, leading both information security and product development at multiple leading technology companies, including Microsoft, Crowdstrike, F5 Networks and Twitter. His expertise includes cybersecurity technologies, network and endpoint security, digital forensic investigations, machine learning, intrusion detection and mitigation, and risk analysis.

In his role at Arceo, Mike applies his expertise to protect the company's technology assets as well as develop strategies for cybersecurity and risk professionals to make organizations more resilient. Before he joined Arceo in 2020, Convertino was the chief information security officer (CISO) at Twitter, where he protected the platform from sophisticated threats. Prior to that, he was vice president and CISO and later, chief technology officer (CTO) of security products at F5 Networks.

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