Cyber talent is at a premium
Cyber risk is arguably the #1 risk facing enterprises today, yet most companies have been caught off guard by a phenomenon that seemingly came out of nowhere. The infamous Target retail breach of 2013 marked the starting point for the majority of the market.
Not surprisingly, the growth in demand for cyber talent has hit a fever pitch, and there is simply not enough talent to satisfy the ever-growing demand. This is especially true when you consider that the role of cyber leader has expanded to include strong business acumen, board-level communication skills and strong influencing skills. It is far from just a techie/tactical role.
Companies searching for chief information security officers (CISOs) often find over-priced and under-qualified candidates. Even when they are willing to play the bubble-market game, they are often left at the altar by candidates receiving never-before-seen counter offers or competitive bids from the countless other searches in play. Companies are now opting for Plan B and seeking step-up candidates or repurposing trusted executives open to a career change into cyber security.
Given this new trend, Caldwell Partners is recommending a cyber advisory board strategy. Through this solution, companies can cost effectively obtain the level of expertise they require and quickly get to industry best practices.
Caldwell Partners has established relationships with more than 100 of the industry’s greatest thought leaders qualified to be strategic cyber advisers to almost any company
What is a cyber advisory board?
A cyber advisory board will:
Mentor your CISO
Leadership/executive coaching for C-suite maturity
Trusted peer-to-peer sounding board
Help develop your cyber strategy and guide your CISO in developing the roadmap
Tailor philosophy toward your industry/organization
Risk and control tolerances
Priorities, sequencing of what comes before what
Educate your board and C-level executives
Current and future trends – threats, vulnerabilities, control paradigms
Provide table top “what if” scenarios
Help develop metrics needed for your board to track the progress of your cyber program
Cyber breach response
Communications and litigation assistance
Best practices relating to responding to a cyber incident.