Continual evolution is inevitable when it comes to the security landscape. In the modern IT & security sphere businesses are facing more risk vectors than ever before, pushing IT & security teams to reevaluate and modernize their approach to risk mitigation. Most recently this is reflected by a major industry shift to emphasizing the criticality of trust and its pillars across the organization. Let’s dive into the shift to trust management and what it means for the ever-evolving CISO: What is CISO trust?
Trust is an outcome earned from actioning integrity-based commitments across each of the four pillars of trust – Security, ESG, Ethics, and Privacy. As trust continues to emerge as a key priority for shareholders and customers, it simultaneously becomes a critical business consideration for the CISO. At its core, trust is about bringing these pillars together to gain a holistic risk insight, setting up companies to action and earn the trust of consumers and key shareholders as the business grows.
Read our blog to learn more about the importance of trust and why the CISO should care.
Traditionally, the CISO and broader IT & security teams view security and privacy as consisting of two key risk domains. The modern risk landscape has shifted, with key consumers and shareholders expecting IT & security teams to have visibility into areas like due diligence and supplier sustainability. As a result, ESG and Ethics have been highlighted as equally important risk domains, shifting the scope of CISO considerations and establishing the four key trust pillars: Security, ESG, Ethics, and Privacy.
Read our blog to learn more about the impact that trust management has across the organization.
CISOs have become the most senior executive leader responsible for trust management across the organization. Prioritizing trust as a primary objective of security and compliance elevates the CISO’s office from a cost center to a value generator.
As companies grow, it’s critical that the CISO builds out risk, compliance, and security functions that enable trust-based relationship building and safeguard brand reputation, all while driving revenue retention and growth. Each is a key function associated with earning and sustaining trust-first IT & Security management.
Key considerations for trust establishment & maintenance
Historically, the single most important task of the CISO is to assure the CIA triad (confidentiality, integrity, and accessibility of data) across the information security stack. In shifting to a trust-first security approach, those three things remain the cornerstone of the CISOs role, as they inherently build trust in an organization. The CISOs role, when approached through the lens of trust, considers the following critical trust-building practices across responsibility domains:
Additionally, a key job function for the modern CISO is acting as the bridge between the pillars of trust (Security, Privacy, ESG, Ethics), and maintaining visibility across each pillar. This is a critical component to informing each of the aforementioned activities.
As the technology landscape continues to evolve and technology solutions continue to upscale, there are many questions that a CISO must consider. Some of the critical challenges the modern CISO faces are:
The CISO must continue to lead and evolve to help their organizations drive cross-organizational awareness of modern threats and bring together the pillars of trust to action integrity across the enterprise. To do so, it’s important that the CISO does the following:
Ultimately, trust is what enables decision-making for an enterprise. A CISO must action each of the above to showcase integrity and produce meaningful results for their trust stakeholders.
Currently, security tools across trust pillars are siloed and static, operating independently of one another and through manual processes. Trust focuses on the value of the singular workflow across the pillars and encourages the implementation of a comprehensive approach to drive workflow automation across pillars, collaboration between teams and, most importantly, to create measurable output and reportable data.
OneTrust works to solve this by providing a single security solution. The OneTrust software leverages expertise in privacy and data governance, GRC and security assurance, ethics and compliance, and ESG to focus on building trusted and lasting relationships across the core critical risk domains: security, privacy, ethics & compliance, and ESG.
Request a demo to learn more about how OneTrust can help CISOs action trust across the enterprise.