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by Stacy Collett and CSO staff

CSO50 2018: Security risk management takes center stage

Feature
Feb 26, 20181 min
Network SecurityRisk ManagementSecurity

Nearly 20 percent of this year’s CSO50 Award winners took on security risk and compliance projects. Download the CSO50 2018 digital issue to read their stories, as well as descriptions of all 50 winning projects.

cso50 2018 digital magazine
Credit: IDG/Thinkstock

Risk.  Some might call it the new four-letter word in security.  Security risk seems to increase in lock step with every new technology innovation, business development and threat actor discovered. Today, company data resides in the cloud, on mobile devices and is connected to the internet of things (IoT).  Threat vectors are multiplying, threatening firms’ operations, customers and future financial stability.

The World Economic Forum ranked cyber attacks as the 12th largest risk to doing business in 2017, ahead of natural catastrophes, which ranked 20th.

What’s more, security leaders are constantly challenged to communicate ever-changing security risks to executives and the board of directors, and to deal with the fallout should the risk exceed their appetite.

Nearly 20 percent of this year’s CSO50 Award winners took on security risk and compliance projects — tackling security risk associated with outsider threats, third-party vendors, medical devices, compliance and keeping university systems open but safe for thousands of students. 

To read their stories, and descriptions of all 50 winning projects, click on the link below and download the CSO50 2018 digital issue.