5 Concerns Every CIO and CISO Will Face in 2016: Part 1

by Brad Garland
In 2015, CIOs (chief information officers) and CISOs (chief information security officers) faced some serious cyber security threats, including the VTech Learning Lodge hack, which affected the data of nearly 5 million adults and 200,000 children, and the Anthem data breach, in which hackers stole 37 million customer records and passwords. With more services moving online, information security concerns show no sign of slowing down in 2016. Here are the five biggest concerns you need to consider this year.information security

1. Agility and Flexibility

In 2016, companies must be agile and flexible enough to respond to threats quickly. With major companies such as Chase, Sony and Target recently hit by security breaches, it’s clear that no one can afford to be complacent. By building agile teams, CIOs and CISOs can be sure that their organizations are ready to react to any threat. A successful team performs a regular risk assessment of vulnerabilities and handles them using a scrum structure, which is part of the agile approach to security software development. Agility is key to any cyber security plan, as it allows organizations to react promptly to new threats and limit the harm they cause.

2. Innovation

CI(S)O stands for Chief Information (Security) Officer, but in 2016 the “I” could easily stand for “innovation” instead. CIO's must constantly innovate to respond to new threats while delivering new enterprise IT compliance services in a cost-effective way. Technologies and products are constantly changing, particularly in the Internet of Things (IoT) field, which is why CIOs and CISOs must innovate to survive in the cyber security industry.

3. Security Budgets

The Ponemon Institute recently conducted a survey that revealed that 50 percent of C-level executives plan to flatten or reduce their security budget in the next two years. This poses even more challenges for CIOs and CISOs, who must continue to innovate and respond to threats while keeping costs low. With 59 percent of IT professionals believing that their organization does not adequately invest in IT security, 2016 is clearly going to be a challenging year for CIOs and CISOs.

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