The cybercrime landscape is projected to escalate into a $10.5 trillion industry by 2025, with an annual growth rate of about 15%. Once primarily a concern for large enterprises, mid-sized businesses are increasingly being targeted. Reportedly, nearly half of all cyberattacks are aimed at these companies, with breach costs rising nearly four times faster than for larger organizations over the past five years.
For Chief Information Officers (CIOs) and Chief Technology Officers (CTOs) within heavily regulated sectors, the stakes are particularly high. These leaders must contend with sophisticated threats, stricter compliance requirements, and escalating customer expectations—all while lacking the comprehensive resources typical of a large security framework or the guidance of a full-time Chief Information Security Officer (CISO). This has resulted in a widening leadership gap, as cybersecurity obligations frequently fall on technology executives already stretched thin by responsibilities such as driving digital transformation and managing budgets.
This upcoming session aims to unite senior technology executives to discuss how mid-sized firms are strategically addressing risk, compliance, and security management without dedicated cybersecurity leadership.
Participants will examine pressing cybersecurity challenges faced by these leaders, as well as how compliance demands are influencing strategic priorities and resource allocation. The conversation will also delve into various organizational structures that are being implemented to effectively manage security and the unique approaches being adopted in the absence of a full-time CISO.
By gathering insights from ISMG’s CXO Advisor team and fellow professionals, attendees will engage in a critical dialogue on navigating cyber risk amidst operational constraints. This collaborative exploration will shed light on the current tactics utilized by adversaries, such as those detailed in the MITRE ATT&CK framework, highlighting techniques like initial access and privilege escalation, which may be relevant in recent attacks.
This event represents a vital opportunity for business executives to fortify their understanding of the challenges in cybersecurity, ensuring that they are equipped to protect their organizations in an increasingly hostile digital environment.
