24 Apr The Rise In CISO Job Dissatisfaction – What’s Wrong And How Can It Be Fixed?
This week in cybersecurity from the editors at Cybercrime Magazine
– Sausalito, Calif. – Apr. 24, 2024
CSO reports that frustration, stress, and increased liability are only a few of the off-putting realities giving CISOs cold feet. More CISOs are dissatisfied with the role today than ever before, with studies showing that a high number of security chiefs (75 percent) are interested in a job change.
What gives? Researchers, advisors and CISOs themselves cite a litany of reasons for the current discontentment, ranging from a lack of executive support to the increased level of liability created by recently enacted security regulations like those implemented recently by the U.S. Securities and Exchange Commission (SEC).
It doesn’t help that in several recent incidents, CISOs have been held legally personally responsible for the handling and reporting of breaches.
All that, experts say, is leading to churn. The average tenure for a CISO is only 18 to 26 months (well under the general C-suite tenure of 4.9 years), according to the CISO Workforce and Headcount 2023 Report from Cybersecurity Ventures.
Furthermore, research firm Gartner estimates that nearly half of cybersecurity leaders will change roles by 2025, with 25 percent transitioning to different positions due to work-related stressors.
Organizations need to change to keep CISOs happy. Security leaders say CEOs, directors and others in the C-suite need to hear that message and then make adjustments if they want to keep their CISOs and ensure their security posture is where it should be.
Some CISOs, senior executives and boards are addressing security chief turnover and related issues to varying degrees. Still, many CISOs continue to say they struggle for the support and resources they need.
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