Intelligent CISO Issue 53 - Page 63

It will undoubtedly take many steps , and indeed years , to effectively navigate the disconnect between cybersecurity and the broader business . will find difficulty attracting and retaining good talent .
BUSINESS SURVEILLANCE
Talent as a driver for future success
In tandem with creating a culture of communication and collaboration between sectors , business leaders must also focus on attracting the right talent to help bridge the gap – currently , alongside many other sectors , there is a global talent shortage . The cyber industry so far has reaped the benefits of 0 % unemployment for over a decade , yet the truth behind that statement is that there are 5 million job vacancies in cybersecurity as demand continues to soar and due to supply and demand economies the cost of talent continues to rapidly increase as businesses recognise the value of the talent they possess within their organisation .
In our technology dependent society , cybersecurity has become increasingly more vital . Coupled with growing inflation , it becomes necessary for organisations to meet competitive compensation demands to retain talent within cybersecurity . This trend remains true as oftentimes , cybersecurity professionals take parallel job opportunities between organisations for a 20 – 25 % ( or higher ) pay rise . Beyond salary , the limited , sought-after nature of cybersecurity talent also puts pressure on businesses to create an enhanced employee experience with additional benefits .
Businesses can no longer rely simply on competitive salaries ; they must also offer opportunities and highlight efforts surrounding professional development ( beyond technical qualifications through mentoring ), retention incentives , flexible working abilities and equity stake . Otherwise , by not showing their willingness to invest in talent , companies

It will undoubtedly take many steps , and indeed years , to effectively navigate the disconnect between cybersecurity and the broader business . will find difficulty attracting and retaining good talent .

Building a more resilient cybersecurity approach
It will undoubtedly take many steps , and indeed years , to effectively navigate the disconnect between cybersecurity and the broader business . However , by recognising the need for cybersecurity to be integrated into the central business model and taking steps to allow this to occur , businesses will be better positioned to mitigate future attacks and disruptions .
The steps that need to be taken include educating both cybersecurity and top business professionals to understand what the other does , as well as sharing technical terminology to allow them to communicate in a way that is properly received by the other side . In addition , cybersecurity professionals must be given an opportunity to vocalise their needs by providing them a seat at the table . Beyond that , organisations must also focus on creating an environment that breeds collaboration and unity , not ‘ blame culture ’ when a breach does occur . Finally , organisations must focus on providing a competitive salary and benefits to attract and retain the limited tech professionals available in this time of significant talent shortage and economic uncertainty .
Ultimately , the integration of both the technical side of cybersecurity and the greater business will allow for a more robust cybersecurity presence and arm organisations with the ability to protect their digital presence and brand reputation .
Organisations which embrace this need for enhanced integration are likely to thrive in the new digital society and economy – those who fail to do so may simply sleepwalk to extinction . u www . intelligentciso . com
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