The highly-publicized data breaches of 2014 changed the role of corporate security professionals as we know it. Now, more than ever, security IT issues have high-priority business impact and, as a result, companies face tougher expectations around protecting individuals affected by a data breach. This puts chief security officers in the spotlight for major security lapses. CSOs are no longer making only security decisions, but as part of their new “normal,” they are also entrusted with protecting a company’s brand reputation.
CSOs have a tough job. The data breach preparedness and response landscape has changed rapidly in a short period of time. Widespread adoption of new technologies from cloud storage, to mobile payment systems and the Internet of Things (IoT) has introduced new risk considerations to an already complicated field. And the good news doesn’t end there. The situation will likely get worse before it gets better – with an increase in cloud data breaches anticipated this year.