- CEOs agree that cybersecurity is now critical for business growth
- Three out of five are concerned about cybersecurity threats
- Security leaders must demonstrate value
More than four out of five (85%) CEOs agree that a good cyber security strategy is now critical for business growth in an increasingly digital and connected world.
The figures, of a Gartner study, reveal that three fifth (61%) are concerned about cybersecurity threats, which has influenced the emergence of artificial intelligence.
Gartner also pointed out that risk thresholds have changed, with changes in commercial activity and political debates about AI, and added that cybersecurity has evolved to something much greater than a protection system.
Cybersecurity is now a central commercial consideration
“With 85% of CEOs that recognize their importance, security leaders have a unique opportunity to demonstrate the value of cyber security investments not only in the protection of assets but also to allow strategic commercial objectives,” explained the distinguished vice president David Furlogner analyst.
The report also touches the regulatory changes when it comes to AI, with the CEO that sees a direct link between the cybersecurity capabilities and the growth of the company. To inform their strategies, Gartner says that security leaders must evaluate risks in foreign markets and the protection of intellectual property.
“CEOs should highlight the role of security leaders both in business protection and in improving cybersecurity to boost growth,” Furlonger continued, suggesting that the change must come from the fundamental level of C-Suite.
However, although it is in the CEO to demonstrate the role of security leaders, Furlonger says that he is in security leaders to demonstrate the value of their strategy: “Security leaders are positioned to significantly influence the generation of value, and must communicate how cybersecurity helps business growth.”
