CISOs fear material losses amid rising cyberattacks
According to a report by Proofpoint, the majority of CISOs fear a material cyberattack in the next 12 months. These concerns highlight the increasing risks and cultural shifts among CISOs.
Changing roles of CISOs
“76% of CISOs anticipate a material cyberattack in the next year, with human risk and GenAI-driven data loss topping their concerns,” Proofpoint said. In this situation, corporate stakeholders are trying to get a better understanding of the risks involved when it comes to tech and whether they are safe or not.
Experts believe that CISOs are being more open about these attacks, thanks to SEC disclosure rules, strict regulations, board expectations, and enquiries. The report surveyed 1,600 CISOs worldwide; all the organizations had more than 1000 employees.
Doing business is a concern
The study highlights a rising concern about doing business amid incidents of cyberattacks. Although the majority of CISOs are confident about their cybersecurity culture, six out of 10 CISOs said their organizations are not prepared for a cyberattack. The majority of the CISOs were found in favour of paying ransoms to avoid the leak of sensitive data.
AI: Saviour or danger?
AI has risen both as a top concern as well as a top priority for CISOs. Two-thirds of CISOs believe that enabling GenAI tools is a top priority over the next two years, despite the ongoing risks. In the US, however, 80% CISOs worry about possible data breaches through GenAI platforms.
With adoption rates rising, organizations have started to move from restriction to governance. “Most are responding with guardrails: 67% have implemented usage guidelines, and 68% are exploring AI-powered defenses, though enthusiasm has cooled from 87% last year. More than half (59%) restrict employee use of GenAI tools altogether,” Proofpoint said.
