According to the report, the role of CISOs is evolving and expanding significantly, with new responsibilities in IT oversight, digital transformation, and assuming greater organizational risk. Despite these increased duties, a concerning 97% of surveyed CISOs report no pay raise to match their expanded role, indicating a disconnect between responsibility and compensation in the cybersecurity leadership landscape.
Strategic CISOs, characterized by their board engagement and C-suite access, report not only higher salary figures but also better career satisfaction and developmental opportunities. The data reveals that these CISOs earn 57% more than their Functional counterparts and double that of Tactical CISOs, highlighting the influence of executive engagement on professional growth and financial rewards.
Interestingly, while Strategic CISOs enjoy a significant edge in compensation and job satisfaction, not all CISOs have regular access to their boards, with only 47% meeting on a monthly or quarterly basis. This leaves a considerable portion of CISOs—over half—without consistent opportunities to align their roles with company leadership, which may impact their ability to effectuate change and promote cybersecurity priorities effectively.
The survey findings underscore a notable trend: while chief information security officers are taking on expanded responsibilities, the recognition and remuneration for these roles remain stagnant. As organizations increasingly navigate digital transformation and organizational risk, the demand for CISO expertise is on the rise, yet compensation does not reflect this shift, indicating a potential crisis of retention and job satisfaction within the CISO ranks.
#ciso-responsibilities #career-satisfaction #cybersecurity #executive-engagement #organizational-risk
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