How CISOs Can Navigate The 2023 Downturn
Forrester, January 30th, 2023
So far, 2023 is shaping up to be yet another volatile and difficult year. Companies across sectors - with a particular concentration in high tech - are shedding jobs and slashing costs to weather the next 12 months.
Given the perennial skills and staffing shortage in security, it's unlikely that CISOs will be asked to make deep cuts to their organizations - but they won't be entirely immune to spending cuts if the downturn endures.
CISOs now need to get ahead of any belt-tightening efforts by demonstrating that they're operating as prudent financial stewards of capital. They must use this period of austerity (performative for shareholders or otherwise) to reinforce security as a core competency that drives growth and protects revenue by relieving downturn-induced burdens placed on customers, partners, and peers.