State of the CSO 2012: Ready for anything
The 2012 State of the CSO survey shows progress toward a deeper level of business understanding and a wider knowledge of risk management
October 01, 2012 — CSO —
The saying goes that in every crisis, there is an opportunity. Compliance requirements, data and privacy demands, and the threat landscape are constantly evolving, forcing companies to realize the importance of security and invest accordingly. As security concerns expand, so does the role of the security leader.
Our annual State of the CSO survey finds a continuation of a two-part trend that we have been tracking for many years: First, there is more awareness of security and risk among companies, and second, in response, many organizations are using more formal enterprise risk management (ERM) programs. These policies, processes, methods, metrics and measurements help shape the strategic decisions for their organization. The goal is to make security strategy both targeted and holistic, proactive and defensive.
The survey gathered responses from 228 security professionals in a broad range of industries. Among those polled, 66 percent say their organization's leadership (that is, the CEO and board of directors) placed more value on risk management in the past year. That's a solid number, even higher than the 61 percent result in 2011.
[Also read The decade of the CSO]
And with that perceived value comes corresponding support, in the form of money and staff. Thirty-two percent of respondents expect to add to their full-time security headcount, and 45 percent expect their organization's overall security budget to increase in the coming year. Another 42 percent think their budget will stay the same; just 11 percent expect it to decrease. (Two percent were not sure.)