IT - CxO

CIOs Are Preparing For The 'Next Normal'
CIODIVE, October 6th, 2020
Industry is redefining the CIO role and technology leaders stand to take on more permanent executive decision-making responsibilities

"CIOs planning for the future aren't thinking of the "new normal" - it's the "next normal" they have to worry about.

With no end in sight to the pandemic, and the future of central offices unknown, IT teams are building new infrastructure to meet more flexible demands.

"How we're going to get it done now is a far deeper conversation with IT," said Justin Donato, vice president of IT at Nintex. Traditional distributions of the workforce had employees working in central locations the enterprise could invest in and support. That doesn't work when employees are mostly at home..."

CISOs Planning On Bigger Budgets: Report
Dark Reading, October 9th, 2020
Budgets are on the rise, even in a time of revenue worries across the industry

"A new report on CISO spending patterns shows fear of regulators drives board-level security investment decisions, with 77% of respondents saying their organizations are increasing their budgets because of audit failures or security incidents.

Fifty-eight percent of the 900-plus infosec leaders surveyed also plan to increase their budgets due to the pandemic, according to the global report, sponsored by Thycotic. In terms of allocation, 58% of CISOs say they will be adding security solutions to their cybersecurity infrastructure, while 50% plan on moving additional IT functionality to the cloud..."

Digital Transformation: 3 IT Leadership Trends For The Next Normal
The Enterprisers Project, October 6th, 2020
As we move toward a post-pandemic world, CIOs will play a key role in establishing a newly autonomous, more flexible work environment. Here are three trends to watch

"The majority of businesses in the United States have spent more than half of 2020 functioning remotely, and they will likely continue to do so into 2021. It's clear that CIOs and their teams can do much more to ensure business continuity and even growth than just putting the right technology in place.

Here are three related digital transformation issues business leaders should consider as we move into the next normal..."

Up until now, cybersecurity was often an afterthought for several organizations due to lack of mitigation measures. However, COVID-19 is accelerating digital transformation in decentralized locations

"The state of security is getting better at building business resiliency, thanks to the evolving role of a CISO. CISOs are the assets and business enablers that give organizations a direction towards a safer and secured work environment. But a CISO's role is critical in today's fast-growing digital world. Just being a good CISO is not enough, you need a successful CISO. Why? Because an organization's success invariably depends on a CISO's success. So, how do you become a successful CISO? It is a phased process. Let us find out the good, the bad, and the ugly roadmap to success of a CISO from a veteran CISO, Heath Renfrow..."

Organizations need to look toward CIOs again as they move forward with digital transformation. CIOs can help navigate the uncertainty of how the pandemic affects their business

"These are uncertain and sobering times for everyone in the workforce, but the moment is particularly stressful for chief information officers.

Even before COVID-19, organizations asked their CIOs to do more with less, and the pandemic has only exacerbated and added to the demand with financial difficulties and layoffs facing many organizations. The pandemic has forced businesses to reckon with employees working from home. Still, questions remain about whether teams can maintain their productivity 12 or 18 months from now should the world stay in a protracted lockdown..."

Just 12 months ago, nobody could have predicted where we are now. So how can CIOs prepare for the future amid such uncertainty? We asked five IT leaders for their expert advice

"We will always remember 2020 - a year like no other for CIOs. From moving thousands of employees to remote working to finding new ways to serve customers in extreme circumstances, IT leaders have fast-forwarded digital transformation and proved their value to the business.

Yet their work is far from done. CIOs who want their organisations to emerge on a strong footing in the post-Covid age must continue to push digitalisation in the coming months.

So, what will things be like in 12 months' time and what should CIOs be doing now to prepare for the changes ahead? Five IT leaders give Computer Weekly their views..."

Northwestern Mutual CIO: Riding Out The Pandemic
InformationWeek, October 7th, 2020
As the head of technology at a mutual company, Northwestern Mutual's CIO said his IT organization was largely insulated from the roller coaster budget changes and cash conservation brought by COVID-19

"While the year 2020 may have felt like a bit of a roller coaster for most of us, including those IT workers who helped their companies equip a work-from-home workforce in just a day or two, there are some other organizations out there that have experienced a much smoother ride.

For example, if you worked for Northwestern Mutual, it probably felt a bit more like a ride in a luxury bus where even the big bumps wouldn't cause you to spill your drink. That's because while so many companies are subjected to the fortunes and whims of the uncertain market, a mutual company's structure is designed to make long and relatively comfortable journeys across uncertain terrain into the future..."

The cybersecurity market is growing even in the midst of the pandemic-driven economic downturn, with spending predicted to reach $123 billion by the end of the year. While disruptive technologies are undoubtedly behind much of this market growth, companies cannot afford to overlook security basics

Biometrics may be a media darling, but the truth is that passwords will remain the primary authentication mechanism for the foreseeable future. But while passwords may not be a cutting-edge security innovation, that's not to suggest that CIOs don't need to modernize their approach to password management.

Mandatory password resets

Employees' poor password management practices are well-documented, with Google finding that 65% of people use the same password for multiple, if not all, online accounts. To circumvent the security risks associated with this behavior, companies have historically focused on periodic password resets. Seventy-seven percent of IT departments surveyed by Forrester in 2016 were expiring passwords for all staff on a quarterly basis.

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