The World Economic Forum has a message for every CISO: the job has outgrown its technical shell. Boards must empower security leaders, and CISOs must speak the language of business. The report calls cybersecurity a core business imperative, not a side function. It urges boards to treat the CISO as a strategic enabler of growth, trust, and resilience.
What the Paper Sets Out to Do
The paper positions cybersecurity as a growth enabler. It maps the CISO role, mandate, relationships, tooling, and culture. It guides boards and CISOs toward resilience and value creation.
In the coming years, the organizations that thrive will be those whose leaders treat cybersecurity not merely as defence, but as an enabler for trust, innovation and competitive advantage.
Elevating Cybersecurity: Ensuring Strategic and Sustainable Impact for CISOs
Elevate the Role, Expand the Mandate
The foreword calls the CISO job “critical and complex.” It urges leaders to translate global shifts into strategy and build resilient ecosystems. “To succeed, CISOs need… systemic empowerment.” The authors urge boards to recognize the breadth of the role.
A Broader Business Mission
Early on, the report highlights organized crime, state operations, AI-enabled attacks, and supply chain exposures. It says today’s CISO is strategist, risk leader, and trusted adviser. It flags a perception gap between CISOs and CEOs on brand damage and trust loss. The success of the role depends “on influence rather than hierarchy.”
The report then tracks a shift from classified information protection to broad digital safeguards. It states the CISO must set strategy that aligns with business priorities. The role’s legacy and technical focus no longer suffice. Scope and strategic relevance have expanded across the enterprise.
Complexity Surrounding the Role: Seven Pressure Fronts
The paper lists compounding pressures that shape daily work. Geopolitical tension, cybercrime, regulation, AI and quantum, supply chains, skills shortages, and relentless change. It notes tool fragmentation and alert fatigue. It recommends simplification, integration, and zero-based budgeting.
The Landscape the CISO Must Navigate
Supply chain risk stays top of mind for large organizations. Interdependencies multiply entry points. The paper urges collaborative security with critical vendors and customers. The cybersecurity skills gap widens, creating stress and risk. Estimates show millions of unfilled jobs, “from 2.8 million to 4.8 million unfilled positions.” Leaders should attract, nurture, and augment teams with technology.
New vulnerabilities emerge constantly. Speed pushes against remediation, widening the implementation gap. The CISO needs oversight across the full digital footprint. The paper stresses influence over ownership. CISOs rarely control all IT or OT. They must shape decisions across all lines of business.
Diversity in Role and Reach
No single CISO template exists. Reporting lines vary, and some roles span the “three lines of defence.” Some own identity, trust, resilience, or OT security. Others fold into broader CSO or CRO arcs. Boards carry ultimate accountability for cyber risk and rely on CISO insights. The paper cautions against a compliance-only frame. Balance compliance and real-world risk.
The CISO’s Relationship Web
Success hinges on relationships across internal and external stakeholders. The paper maps ties with boards, risk, legal, HR, communications, data, IT/OT, and regulators. Responsibilities include raising cyber awareness and presenting risk in business terms. Boards, in turn, must ensure resources and budget.
A spotlight section reframes the board as ally, not examiner. Regular engagement and qualitative storytelling help. The report suggests a “Richter scale” for cyber risk criticality.
(EDITORIAL NOTE: Much of our reporting addresses the need to increase communication and understanding. The dangers are abstract, hard to comprehend, and the cost of resilience can feel unwarranted until it’s too late.)
Recommendations for Leaders: From Prevention to Resilience
The paper urges cultural evolution. Add cyber resilience to prevention. Translate technical risk into clear business risk. Share risk ownership across the enterprise. Encourage proactive testing and red teaming. Play the long game with a maturity roadmap.
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Tooling: Fewer, Smarter, Measured
Tool sprawl hinders effectiveness and drains budgets. The paper calls for simplification, interoperability, and measurable value. It recommends zero-based budgeting and metric-driven assessments, such as MTTD and MTTR. It also urges agility with guardrails.
Evolving Responsibilities: Integrate Risk, Protect the Business
As scope grows, the CISO integrates cyber, operational, and reputational risk. The paper offers a blunt reminder: “There is no finish line to security.” Risk management is unrelenting, and everyone shares responsibility.
The paper outlines leadership stances. The CISO acts as partner, resilience guardian, community leader, storyteller, people leader, cultural driver, and negotiator. These roles anchor credible budget asks and shape board alignment.
Board Engagement: Practical Signals That Matter
The text lists practical signs of empowerment. Clear mandate. Regular access. Visible follow-through. Fair accountability. Ring-fenced budget. Those enablers convert cyber from a cost center to a strategic asset.
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Conclusion: Cybersecurity as a Shared Value
The conclusion urges a boardroom priority. It says the CISO mandate now shapes resilience, relationships, tooling, and culture. The successful CISO embeds security as a shared enterprise value. Collaboration becomes the decisive edge.
Analogy: AKA Explain It Like I’m a 5th Grader
Think of the CISO as the head contractor on a renovation racing to be completed before winter. The board holds the purse and permits. Shoddy tools slow work; too many gadgets clutter the bench. The contractor requires steady funding, clear blueprints, and a crew that adheres to safety rules. As Sun Tzu advised, “Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.” Good CISOs win first with mandate, budget, and culture; then they fight the storms.
Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.