Forrester’s 2023 predictions indicate a bumpy road ahead for CISOs

by | Nov 18, 2022 | Technology

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Enterprises that excel at risk management while doubling down on making their tech stacks more resilient stand the best chance of battling cyberattacks in 2023. Forrester’s Predictions 2023: Cybersecurity, Risk, and Privacy report amplifies how essential risk management, resilient infrastructure and cyber insurance will be next year.  

More chief risk officers (CROs) will report to CEOs next year, increasing risk quantification’s importance to C-level executives and company boards. Forrester sees CROs as instrumental in leading their organizations, from achieving compliance to becoming more resilient. 

Industry leaders throughout 2022 have predicted CISOs will be on more boards of directors, given their role in improving their organizations’ security posture and driving revenue. George Kurtz, CEO and cofounder of CrowdStrike, said he is “seeing more and more CISOs joining boards. I think this is a great opportunity for everyone here [at Fal.Con] to understand what impact they can have on a company. From a career perspective, it’s great to be part of that boardroom and help them on the journey. To keep business resilient and secure.” 

Quantifying cyber risks will be an in-demand skill set for current and future CROs in 2023. Cyber-quantification is a series of techniques to prioritize costs, risks and expected returns from competing cybersecurity projects. It’s well known throughout enterprise security that CISOs use cyber risk quantification to define and grow their budgets for zero-trust security frameworks and initiatives.

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