Cybersecurity fizzles if firms don’t fix their other mishaps

TLDR:

– Cybersecurity projects in firms will not be successful if overall business projects struggle to deliver.
– The success of projects in a firm depends on factors such as return on investment, customer acquisition costs, and time to market.

Key Elements:

– The success of cybersecurity projects in companies depends on the overall success of business projects.
– If a firm is constantly churning out new initiatives and killing ongoing projects, cybersecurity initiatives are unlikely to succeed.
– Similarly, if a firm is struggling to keep the lights on and constantly dealing with existential threats, cybersecurity projects are unlikely to perform well.
– The mindset and priorities of the business leadership greatly impact the success of cybersecurity projects.
– CISOs often lack the necessary financial resources compared to the costs of cybersecurity initiatives.