01.03.2022 Views

Cyber Defense eMagazine March Edition for 2022

The view from the Publisher’s desk is very encouraging, based on celebrating 10 years of growth and success at Cyber Defense Magazine! When our tiny team began our journey at Cyber Defense Media Group (CDMG) together in January 2012, we were happy to help smaller, lesser-known innovators of infosec, get their message out there and Rise Above the noise. Now, after 10 years, we’re even helping multi-billion-dollar companies and governments around the globe with our offices in DC, London, FL, NY and other locations in play, as we continue to scale, thanks to you – our readers, listeners, viewers and media partners. Beyond the magazine, in response to the demands of our markets, the scope of CDMG’s activities has grown into many media endeavors. They now include Cyber Defense Awards; Cyber Defense Conferences; Cyber Defense Professionals (job postings site being revamped); Cyber Defense TV, Radio, and Webinars; and Cyber Defense Ventures (partnering with investors). Please check them out and see how much more CDMG has to offer! Very respectfully and with much appreciation, Gary Miliefsky, Publisher

The view from the Publisher’s desk is very encouraging, based on celebrating 10 years of growth and success at Cyber Defense Magazine! When our tiny team began our journey at Cyber Defense Media Group (CDMG) together in January 2012, we were happy to help smaller, lesser-known innovators of infosec, get their message out there and Rise Above the noise. Now, after 10 years, we’re even helping multi-billion-dollar companies and governments around the globe with our offices in DC, London, FL, NY and other locations in play, as we continue to scale, thanks to you – our readers, listeners, viewers and media partners. Beyond the magazine, in response to the demands of our markets, the scope of CDMG’s activities has grown into many media endeavors. They now include Cyber Defense Awards; Cyber Defense Conferences; Cyber Defense Professionals (job postings site being revamped); Cyber Defense TV, Radio, and Webinars; and Cyber Defense Ventures (partnering with investors).
Please check them out and see how much more CDMG has to offer!

Very respectfully and with much appreciation,
Gary Miliefsky, Publisher

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The Role of The CFO In Enterprise <strong>Cyber</strong> Security<br />

By Glenn Murray, CEO at Sapien <strong>Cyber</strong><br />

Who is responsible <strong>for</strong> cyber security in your organization? Smart businesses know that it’s not just the<br />

IT teams who need to be investing in cyber security.<br />

Faced with increasingly complex and severe cyber-attacks on operational technology (OT) designed by<br />

criminals who are well-organized, well-financed and willing to wait <strong>for</strong> the right opportunity to strike,<br />

businesses need everyone in leadership roles to not only acknowledge the situation, but put in place<br />

strategies to minimize risk. This includes the CFO.<br />

The Chief Financial Officer (CFO) plays a crucial part in ensuring that the investment in cyber security<br />

matches not only the potential risks but mirrors the value and importance of the company’s infrastructure,<br />

from financial systems to operational technology networks. In some organizations this can be viewed as<br />

a cost drain. As such, investment levels tend to be far too low relative to the scale of the risk.<br />

It is not uncommon <strong>for</strong> IT teams or their executives to be rewarded based on reduction in expenditure vs<br />

budget, breeding an alarming culture of penny pinching each year. This short-term thinking is putting<br />

organizations in jeopardy, and at risk of everything from data breaches to system hacks. A boardroom,<br />

including the CFO, that recognizes the devastating effect a cyber-attack can have, both financially and<br />

reputationally, will be better placed to protect their ‘crown jewels’ from this new age of cyber criminals.<br />

There is an opportunity to engage the CFO in the full spectrum of cyber security and the potential<br />

mitigations, from IT to OT networks. Great CFOs don’t act as a blocker or barrier but are ready to invest<br />

in comprehensive and robust cyber security systems. Here’s how to make sure your CFO is one of them:<br />

<strong>Cyber</strong> <strong>Defense</strong> <strong>eMagazine</strong> – <strong>March</strong> <strong>2022</strong> <strong>Edition</strong> 25<br />

Copyright © <strong>2022</strong>, <strong>Cyber</strong> <strong>Defense</strong> Magazine. All rights reserved worldwide.

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