BlackFog conducted a survey of more than 500 IT decision makers across the United Kingdom and the United States. According to the research, 70% of respondents believe incidents of CISOs being held liable for cybersecurity events has negatively influenced their perception of the role. Furthermore, 34% of respondents believe the prosecution of individuals following a cybersecurity event is a “no-win” situation for cybersecurity leaders, as many may experience internal consequences for reporting failings but may experience prosecution for failing to do so.
The research also indicated that this regulatory scrutiny has increased accountability and led to internal adjustments for organizations. Among those surveyed, 44% report their organization has enacted processes to minimize cybersecurity exposure.
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