Back in 2014 I was engaged by an ASX Top 30 company on a Chief Security Officer assignment. Now that seems like a world away… Over the last five years I have seen a heightened awareness of security in organisations, from the historically physical guns, guards and gates approach, to a more strategic, risk-based approach that includes the digital or IoT (internet of things) environment. Learnings from a number of successive security assignments have continued to reinforce this new perspective.
Feedback from speaking with CSOs of leading corporates and consulting firms highlight the importance of being agile in adopting new practices and adapting your capabilities to respond to the digital landscape. This topic is further explored in the recent Future of Physical Security, a survey of 200 global physical security leaders conducted by Microsoft and Accenture.
Key takeouts for me from this survey are:
At the forefront for me in tackling these challenges is the necessity for a true Chief Security Officer – one tasked with overseeing a converged physical and cyber security function. This has been talked about for many years now, but in the Australian market relatively few large organisations have this combined function; rather Cyber and Physical typically remaining in their individual silos.
What are your thoughts about the necessity of a combined function? What trends or challenges do you see facing the Security function in the coming 12 months?