CIOs need to be aware of bring your own everything and cloud trends in the workplace, new privacy and data breach regulations, and evolving security threats.
For the multi-nationally dispersed organization, this development represents no end of challenge to the CIO who has to provide the infrastructure across multiple domains and legislative environments. The board of directors is concerned about connectivity and business effectiveness across the enterprise, and CIOs will need to ensure this is done effectively and efficiently without falling foul of emerging privacy and data management legislation.
3) Data Security Threats
Attackers have become more organized, attacks have become more sophisticated, and threats are more dangerous, and pose more risks, to an organization’s reputation. In addition, brand reputation and the trust dynamic that exists among suppliers, customers and partners have appeared as very real targets for cybercriminals and hacktivists.
With the speed and complexity of the threat landscape changing on a daily basis, all too often we’re seeing businesses suffering both reputational and financial damage. The CIO needs to work with the CEO to ensure the organization is fully prepared to deal with these ever-emerging challenges by equipping their organizations to better deal with cyberattacks on their data. Vulnerabilities exist throughout most supply chains, providing attackers with the opportunity of getting hold of intellectual property and corporate sensitive data through third-party access, which is a real headache for CIOs who are dependent on a multisourced provider and support strategy to run their systems.
Being Prepared Is Key
Today, the stakes are higher than ever before, and we’re not only talking about personal information and identity theft. High-level corporate secrets and vital infrastructure are constantly under attack. Organizations need to be aware of the important trends that have emerged or shifted recently, as well as those that they should prepare for in the near future.
The time is now for the CIO to step up and work with the CEO and the board of directors to ensure that their organization is better prepared and engaged to deal with these ever-emerging challenges. By seizing the opportunities that cyber-security presents, CIO’s can successfully raise their profile in the C-suite and increase their level of engagement across the organization, which are two of the main objectives of most ambitious CIOs.
About the Author
Steve Durbin is managing director of the Information Security Forum (ISF). His main areas of focus include the emerging security threat landscape, cyber-security, BYOD, the cloud and social media across both the corporate and personal environments. Previously, he was senior vice president at Gartner.
To read his previous CIO Insight article, "Why Security Awareness Programs Fail," click here.