The Age of Convergence: can CISOs adapt?
Digital transformation (DX) is upending companies' treatment of IT, security and information risk. In the old model, IT is a toolset which provides necessary but non-profitable services. Data is almost just a waste product of this service provision, and cybersecurity is limited to the defence of specific pieces of technology or 'crown jewel data'. As budgeting and seniority reflect, it's not viewed as a strategic imperative, nor is it seen as a major threat to the business. Traditional operational and business risks - such as Brexit, the US-China trade war, and incidents such as the Max 737 crashes - are all far higher up the priority list than data loss or a DDoS attack.