News & Trends – 17th June 2024

Every 2 weeks we pick out newsworthy and trending content from around the world for CISOs and CDOs and the world of technology in general.

This edition looks at how the collaboration between CIOs and CISOs is crucial for building organisational resilience against cyber threats and how effective partnership ensures alignment of IT and security strategies, fostering a unified approach to risk management. The practical applications of data management in Retail. Exploring the critical role finance professionals play in developing and implementing data security strategies.

CISO

1. An Inside-Out Look at Cyber Security from Arctic Wolf CISO Adam Marrè – Adam Marrè, CISO of Arctic Wolf, emphasizes a proactive, inside-out approach to cybersecurity. He discusses the importance of understanding internal processes and vulnerabilities before focusing on external threats. Marrè highlights the role of continuous monitoring, incident response, and leveraging AI for threat detection to create a robust security posture. He advocates for a culture of security awareness across all levels of an organization to mitigate risks effectively.
2. Fortinet Strengthens Cloud Security Offering with Acquisition of Lacework – Fortinet has acquired Lacework, a cloud-native application protection platform (CNAPP) provider, to enhance its cloud security capabilities. Lacework’s technology will be integrated into Fortinet’s products, offering comprehensive risk contextualization and threat detection for hybrid cloud environments. This acquisition aims to provide a unified, AI-driven security solution that monitors cloud activities and protects against exploits, strengthening Fortinet’s position in the cloud security market.
3. CIO-CISO Collaboration is Key to Organizational Resilience – Collaboration between CIOs and CISOs is crucial for building organizational resilience against cyber threats. Effective partnership ensures alignment of IT and security strategies, fostering a unified approach to risk management. This synergy enhances the ability to respond to incidents, manage vulnerabilities, and implement robust security frameworks. Key to this collaboration is regular communication, shared goals, and mutual understanding of each role’s impact on organizational security and resilience.

CDO

1. Understanding Data Privacy in the Age of AI – This article from KDnuggets delves into the challenges and importance of data privacy as artificial intelligence (AI) becomes more integrated into various sectors. It highlights several key points: Increased Data Collection, Regulatory Landscape, Technological Solutions and Ethical Considerations.
2. CDO Interview: Sophie Gallay, Global Data and Client IT Director, Etam – In an interview with Computer Weekly, Sophie Gallay discusses her role at Etam, a major player in the fashion retail industry, focusing on data strategy and client IT. Key points from the interview include: Digital Transformation, Data Strategy and Challenges & Solutions**: Gallay discusses the challenges of managing large volumes of data and ensuring data quality and security. She advocates for continuous innovation and adaptation to new technologies.
3. The Role of Finance in Data Security Strategy – An article from FM Magazine explores the critical role finance professionals play in developing and implementing data security strategies. Key takeaways include: Cross-Functional Collaboration, Risk Assessment, Investment in Security and Regulatory Compliance.