EP 6: The CISO Conundrum: Balancing costs and risks in the midst of COVID-19
EP 6: The CISO Conundrum: Balancing costs and risks in the midst of COVID-19
Date: 21st September 2020
Host: Richard HorneOpens in a new window, Partner, Cyber Security Chair, PwC UK
Speaker: Opens in a new windowSaj NairOpens in a new window, Partner, Cybersecurity, Privacy & Financial Crime, PwC Canada
Speaker: Opens in a new windowTim AllenOpens in a new window, Partner, Operational Restructuring leader, PwC UK
Duration: 25m 17s
Today's conversation is centred around how CISO’s should plan to balance cost reduction in the midst of COVID-19 with the constant need to increase security capability.
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cyber-ep-6
Topics include:
1:13 - What should be the focus for CISO's whose organisations are under financial pressure right now?
2:54 - What advice would you have for a CISO's having to take a hard look at their cybersecurity programmes and have to make the tough calls around what to hold back and what investments really are needed to press ahead?
7:10 - What would your advice be to a CISO who probably has an investment programme to improve the security controls for their organisation in order to manage risk, but will recognise the need to help their organisation through the financial pinch point?
9:25 - Are there areas where prudent CISO’s can look to save costs for their organisation?
12:44 - As we think about an economic recovery, what will be the likely features of that and what would that mean for a CISO?
14:57 - Final thoughts from Saj and Tim
