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CSO Magazine Reveals Security Executives' Influence on the Rise
CSO Magazine Reveals Security Executives' Influence on the Rise
CSO Magazine Announces Results of Its Original Research in Third Annual State of the CSO Issue
Framingham, MA - June 1, 2005 - In its June issue, IDG's CSO magazine reports the influence of security executives is on the rise. The annual State of the CSO issue, the magazine's third in as many years, digs deep into the role of chief security officers (CSOs) in today's security-conscious world, and includes telling data from proprietary research conducted by the magazine in February and March. Top findings from the survey reveal more than half of respondents (59%) find senior management views the role of the CSO as a strategic and permanent position, compared to 17% the previous year. Approximately half (48%) of respondents also believe security is viewed as essential to business as opposed to an overhead cost (up from 25% in 2004)."There's no 'one-size-fits-all' description of the chief security officer," says CSO Senior Editor Todd Datz. "This year we're looking at the role from the perspective of five practitioners, examining how they chose their career paths, what security and what business challenges they face in their organizations. Our goal in taking this approach is to help security leaders glean some insights that will help them in their current and future roles."
Bank Of America Investment HIGHLIGHTS OF PROPRIETARY RESEARCH
Effective Leadership
As reported in the June issue, survey results show effective
communication skills are key to CSO success. When asked the primary
reason security leaders are fired, 70% of respondents cite an
inability to communicate with executive management. The survey also
reveals one in five (19%) respondents have their MBAs and almost
half (48%) have certifications such as Certified Protection
Professionals (CPP) and Certified Information Systems Security
Professionals (CISSP).
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Investment Opportunity Seventy-one percent (71%) of CSOs also say that, in the past year, their organizations' leadership placed an increased value on risk management.
They not only have growth opportunities with the rising defense budget, but in homeland security, he said.
Banc Of America Investment "Organizations are putting more importance on the role of security today. With increased responsibility and visibility in the organization, CSOs are seeking more securityand businesscredentials in order to achieve a greater impact in the organization and in the boardroom," says Datz.
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Banking Investment Convergence of Information Technology (IT)/Physical
Security
The survey asks for CSOs' insights on the hot topic of security
convergence; that is, whether the top security chiefs should
oversee both traditional security (i.e., usually referred to as
corporate or physical security) with information security (i.e.,
security of computer information systems). Results show respondents
are mixed on whether convergence is a good idea, with 24% reporting
always; 31% saying yes, in my industry; 38% saying not in my
industry and 6% stating it is never a good idea. The research
reveals the finance industry is most receptive to the idea of
convergence.
Figures from insurers Zurich have revealed the cost of keeping the nation's cars running on the road has risen to 1 billion per year.
Investment Solution Strategic Survey Methodology
The third annual State of the CSO survey, conducted by CSO
magazine, was administered online from February 14, 2005 to March
14, 2005. CSO subscribers were invited to take the survey. A total
of 313 security professionals across a wide variety of industries
were each asked 24 questions developed by the magazine's editorial
staff. (Note: not all respondents answered all questions).
New Bank of England (BoE) figures reveal that total lending on products such as secured loans, credit cards and mortgages rose .6 billion in March.
Investment Banking Services ALSO IN THE JUNE ISSUE
In addition to the exclusive State of the CSO research results, the
June issue includes in-depth profiles of five leading security
practitioners, including Graham Kee, director of security, Port of
Vancouver; Lou Magnotti, chief information security officer (CISO),
U.S. House of Representatives; Lisa Johnson, CISO, Nike; Mark
Barnes, director of safety and security, Kiawah Island Golf Resort;
and Regis Becker, global director of security and compliance, PPG
Industries. Key business topics, such as reporting relationships,
security spending priorities, career paths, and the future of the
CSO role are addressed in the issue.
Bank Investment The special State of the CSO issue is available in this month's print edition and online at http://www.csoonline.com/read/060105/index.html.
Alternative Investment A CSO Executive Guidea time-saving knowledge-kit combining case studies, research, real-world details, tips, check lists and an annotated bibliographyon the topic of the State of the CSO will also be available for purchase at http://www.theciostore.com/cso_research_index.asp in the coming weeks.
Online Investment Services About CSO
Launched in 2002, CSO magazine provides chief security officers
(CSOs) with analysis and insight on security trends and a keen
understanding of how to develop successful strategies to secure all
business assetsfrom people to information and financial value to
physical infrastructure. The CSO portfolio includes a companion
website (www.CSOonline.com), the CSO Perspectives conference and
the CSO Executive Council. The magazine's carefully targeted,
controlled circulation of 27,000 security leaders hail from the
private and public sectors. The U.S. edition of the magazine and
website are the recipients of more than 50 awards to date,
including the American Society of Business Publication Editor's
Magazine of the Year award as well as eight Jesse H. Neal National
Business Journalism Awards and Grand Neal runner-up honors two
years in a row. Licensed editions of CSO magazine are published
around the world, in countries including Australia, France and
Sweden. The CSO Perspectives conference, the first face-to-face
conference designed for CSOs and featuring speakers from the
national stage and the CSO community, offers educational and
networking opportunities for pre-qualified corporate and government
security executives. The CSO Executive Council is a professional
organization of CSOs created to advance strategic security
practices. CSO magazine, CSOonline.com, CSO Perspectives conference
and the CSO Executive Council are produced by International Data
Group's award-winning business unit: CXO Media Inc.
Accompany Essential Investment About CXO Media Inc.
CXO Media Inc. produces award-winning media properties and
executive programs for corporate officers who use technology to
thrive and prosper in this new era of business, including CIO, CMO,
CSO magazines and websites, Darwinmag.com and two executive
communities: the CIO Executive Council and the CSO Executive
Council. CXO Media is a subsidiary of International Data Group
(IDG), the world's leading technology media, research and event
company. A privately-held company, IDG publishes more than 300
magazines and newspapers including Bio-IT World, CIO, CSO,
Computerworld, GamePro, InfoWorld, Network World, and PC World. The
company features the largest network of technology-specific
websites with more than 400 around the world. IDG is also a leading
producer of more than 170 computer-related events worldwide
including LinuxWorld Conference & Expo, Macworld Conference
& Expo, DEMO, and IDC Directions. IDC provides global market
research and advice through offices in 50 countries. Company
information is available at http://www.idg.com.
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