Intelligent CIO Middle East Issue 57 | Page 59

CASE STUDY The role of chief information security officer (CISO) is not what it was five or 10 years ago. According to those who find themselves in the role today, that’s not necessarily an immoral thing. In the past, it used to be that chief security officers (CSOs) were over-glorified IT security administrators, babysitting the firewalls, arguing with software vendors over botched antivirus signature updates and cleaning spyware off of infected laptops and desktop PCs. True, that’s still the role some CSOs in Middle East region find themselves in, but for the majority the responsibility has shifted to looking at the big picture and designing the programme that balances acceptable risks against the unacceptable. In an ideal world, today’s CISO hires someone else to handle all those technical security tasks. Of course, the question is whether you can inspire them to do what you once had to do or if you’ll turn them off with an attitude of superiority. Talk us through the role of a CISO and how you see enterprises in the Middle East protecting their digital assets? Being a CISO used to be a hard core cybersecurity role, however, the function of the CISO involves much more business leadership and risk management. Today, a CISO must be able to help executives at C-suite level to understand risk as it is about bits. CISOs in any enterprise organisation in the Middle East musthave skills to be able explain security for non techies, build and maintain critical relationships and communicate at both senior and operational levels. Soft skills are critical to evangelising security initiatives and celebrating wins, which need to be expressed as business outcomes. Cybersecurity is gaining importance due to the increased number of cyberattacks and the huge losses that victims are reporting. However, in many organisations the implementation of cybersecurity comes as a consequence of a threat or an attack. Organisations can decide to mount reactive, proactive and operational cyberdefences, or a combination of the three depending on financial capabilities and levels of exposure to threats. Having a CISO will go through the three types of approaches to implementing cybersecurity and help the organisation to choose the optimal cyberdefence strategy. A CISO usually spends his or her time dealing with cyber-risk, security operations, data loss and fraud prevention, planning, buying and rolling out security hardware and software, identity and access management, programme management such as analysing security needs by implementing programmes or projects that mitigate risks, regular system patches, investigations and forensics, and governance depending on the organisation regulations. What are some of the best ways to foster an atmosphere of innovation within big organisations in the Middle East? Everything starts with having and building a team which can relay, a team that can take ownership of client problems, a team that can benchmark against the best. As a leader, CISOs prime focus should be to create a culture of innovation and build effective teams, which can focus on the work that needs to be done. We need to embrace experimentation and risk as well as listen to the teams we build and challenge as necessary. If you can empower your team with a leadership that inspires and values them, the innovation fostering atmosphere will eventually manifest itself. In Middle East the banking and financial services sector is huge, yet offerings don’t really seem to have evolved beyond basic services online. What are some of the key things you would say to banks and financial services firms on how to build the atmosphere of innovation? How do you change that culture within the banking and financial services sector in the Middle East? This might have been the case before the COVID-19 pandemic, but now I am seeing many banks speed their Digital Transformation to be able to serve their customers with the best experiences. As I www.intelligentcio.com INTELLIGENTCIO 59