Increased Job risk of CISO in the financial based organisation

In the context of a financial-based organization, tensions between the Chief Executive Officer (CEO) and the Chief Information Security Officer (CISO) can arise due to differing priorities, pressures, and misunderstandings about the roles and contributions of each towards the organization's success. Here are some ways a CEO might unintentionally traumatize a CISO, along with justifications for each point:

# Undermining the Importance of Cybersecurity: If a CEO does not prioritize cybersecurity, it can lead to the CISO feeling their expertise and warnings are undervalued.

# Insufficient Budget Allocation: CEOs who allocate insufficient budgets to cybersecurity initiatives can hamper the CISO's ability to effectively protect the organization.

# Overriding Security Recommendations: A CEO who regularly overrides or ignores the CISO's security recommendations for the sake of business convenience or cost-saving measures can demoralize the CISO.

# Lack of Communication and Support: CEOs who fail to communicate effectively with their CISO or do not support them in executive meetings and decisions can isolate the CISO.

# Unrealistic Expectations: Setting unrealistic expectations for cybersecurity outcomes without understanding the complexities involved can lead to undue pressure on the CISO.

# Blaming the CISO for Breaches: Holding the CISO solely responsible for any security breaches, without acknowledging systemic issues or the need for organization-wide security culture, can be unfair and demoralizing.

# Lack of Professional Development Opportunities: Not providing opportunities for the CISO to update their skills or knowledge can hinder their ability to stay ahead of emerging threats.

CISOs' jobs are at higher risk due to stringent data privacy laws is partially true. While it's undeniable that stricter regulations increase CISOs' responsibilities and the potential for non-compliance, it's important to remember that these laws also elevate the importance of the CISO role within an organization.

It is time to build a strong, respectful partnership between the CEO and CISO, based on mutual understanding and support, is essential for navigating the complex landscape of cybersecurity threats facing financial organizations today.