October 10, 2024
Chief Information Security Officers (CISOs) should always anticipate questions that might arise during presentations to senior leaders and corporate boards. Below, we present some typical questions that CISOs should be prepared to answer. We hope these questions help you prepare for the next important presentation you are asked to give to your executive team.
This is a common question, and CISOs should always be prepared with a succinct answer. We recommend that you connect specific threats to business continuity, revenue, and reputation, showing the board how cyber risks can derail key business objectives.
It is common for executives to think about financial return, so you should be ready to offer any available metrics. Talking in abstract terms, however, won’t cut it. Boards want concrete numbers that tie cybersecurity threats directly to financial and operational outcomes.
All executive teams in public companies are now well aware of the SEC’s new focus on cyber. With SEC regulations demanding transparency in cybersecurity, explain how your team is prepared to meet materiality requirements and report in a timely and compliant manner.
Boards are under pressure to have members with cyber expertise. Outline the initiatives you’re leading to educate and engage the board on cybersecurity issues, ensuring they have the insight to make informed decisions.
Cybersecurity can’t be treated in isolation. Explain how your cybersecurity metrics and risk assessments are built into broader enterprise risk models, aligning them with the organization’s financial and operational risk strategies.
Boards are not cybersecurity experts, but they want to understand your perspective on current and emerging threats and how you plan to address them. You should be prepared to share how your security initiatives consider new threats.
It’s not enough to meet compliance requirements. You must also demonstrate to your executive team how your cybersecurity efforts directly support business growth and strategic objectives.
Executives now understand that cybersecurity is people-driven. They will want to know if you are equipped with the right mix of talent and resources or are budgetary and staffing constrained, which might be holding back your ability to defend the organization.
You should be prepared to explain how you’re staying ahead of the curve with investments in emerging technologies like GenAI and automation to reduce risk and budget. Remember that AI will be an important consideration when dealing with executive questioning.
Regulations change and become more stringent. Boards don’t want the status of these regulations or a summary of their content. They simply want to know you are tracking them and that there are no legal ramifications on the horizon.
While comparisons aren’t great since two companies can have very different cybersecurity profiles, the board would want to know how you are doing compared to your peers in the industry.
By proactively addressing these questions, CISOs demonstrate their command of cybersecurity and prove their value as strategic partners to the board and executive team.
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