Predictions on whether or when the global economy will fall into a recession continue to swirl. Even if one doesn’t hit anytime soon, economic volatility, more cautious corporate spending plans, and employee layoffs are already in play. For security chiefs, such news portends a tougher road ahead.
CISOs have never had an easy time — they’ve certainly faced inordinate challenges in recent years working to secure an ever-expanding and more distributed technology and data landscape. At the same time, they’ve had to contend with bad actors who have become more organized, better resourced, and increasingly sophisticated. Yet history has shown that a poor economy can bring on additional challenges and risks, making an already uphill battle even more difficult and security leaders should be bracing for that scenario ahead.
