CISOs Need to Balance Security with InnovationFormer Tech Lead at Target on Tying CISOs' Performance to Revenue
Bryce Austin, a former technology lead at Target during the retailer's historic November 2013 breach, says the role of the CISO needs to evolve, ensuring that cybersecurity is balanced with the overall needs of the company. And tying the CISO's performance to the company's revenue is the best way to do that, he says.
See Also: How Can Mobile Banking Apps Fight Back?
In this video interview at ISMG's San Francisco Fraud and Breach Prevention Summit, Austin discusses:
- Why CISOs should be doing more to guide cybersecurity decisions at the board and executive management level;
- How increased regulation could spur more innovation; and
- Why multifactor authentication and biometrics can actually enhance the user experience.
Also, see Austin present on Perspective from Inside a Major Retail Breach: Do Mega Breaches Matter? (Hint ... They Do.)
With more than 10 years of experience as a CIO and CISO, Austin advises the boards of companies in industries as diverse as financial services, retail, healthcare, technology and manufacturing industries. Austin, who holds a CISM certification, is an internationally recognized public speaker.