Lably
Skip to content

Chief information security officer

Organizational executive role

  • 6 min read
  • 6 chapters

Related on Lably

Through Organization, Information technology and Computer security

Having a CISO or an equivalent function in organizations has become standard practice in business, government, and non-profits organizations. CISOs are often in high demand and compensation is comparable to other C-level positions that also hold a similar corporate title.

History

The role of chief information security officer developed in the mid-1990s as organizations faced growing digital threats. The first person to hold the title of Chief Information Security Officer was Steven Katz, appointed at Citicorp in 1995 after a major hacking incident. Throughout many years, other large corporations, particularly in the financial-services sector had adopted similar roles such as cybersecurity and data protection, which also became an important part to business risk-management. Early CISO functions often put importance on technical security controls and the responses towards incidents. Over time, the role changed to focusing on enterprise risk, governing, privacy, board level engagement and business needs.

By 2009, approximately 85% of large organizations had a security executive, up from 56% in 2008, and 43% in 2006. In 2018, The Global State of Information Security Survey 2018 (GSISS), a joint survey conducted by CIO, CSO, and PwC, concluded that 85% of businesses have a CISO or equivalent.

The United States Federal Information Security Modernization Act (FISMA) requires U.S. federal agencies to have a senior information security officer.

Sign in to keep reading

5 more chapters are free with a Lably account.

More in Computing and communication