BOSTON, Dec. 17, 2020 /PRNewswire/ -- IANS Research
and Caldwell Partners' Cyber Security Practice are happy to
announce the release of our joint "CISO Compensation and Budget
Benchmark Study – 2020."
"This study gives an invaluable sense of what drives security
leaders to make a career change."
In an increasingly competitive market – one in which one in five
Chief Information Security Officers (CISOs) is generally
dissatisfied with their current position and a third are open to a
job change in the next six months – the study provides visibility
into compensation, budget, and job satisfaction based on industry
and company size.
"What matters to the CISO matters to IANS. Our clients
constantly telling us that the ability to benchmark against peers
is critical," said Phil Gardner,
Founder and CEO of IANS. "We're thrilled to deliver this research –
the high point for me was seeing that two-thirds of CISOs are
satisfied with their visibility within the C-suite. This industry
is maturing quickly, and this study offers insight on where CISOs
and their budgets stand up against their peers and comparable
firms."
IANS and Caldwell surveyed 175 CISOs in the spring and summer of
2020. This is the first in an annual series of studies we plan to
complete.
"This is an extremely competitive security talent market and
replacing cyber security is costly and disruptive," said
Matt Comyns, managing partner of
Caldwell's Cyber Security Practice. "This study gives an invaluable
sense of what drives security leaders to make a career change."
According to the study, the key underlying causes of CISO
dissatisfaction are insufficient budget and lack of organizational
support, followed by inadequate career development. Though
compensation is a factor in the decision-making, it is less of a
factor when compared with organizational and professional support
and development.
Steve Martano, a consultant in
Caldwell's Cyber Security Practice added, "By tracking drivers of
job satisfaction among CISOs, not only are we creating a
differentiated CISO study, but we are empowering managers and HR
business partners to act upon the insights garnered to mitigate the
risk of an unexpected CISO departure."
To download the 2020 CISO Compensation and Budget Benchmark
Study, please visit https://www.iansresearch.com/ciso-comp-study.
About IANS
For the security practitioner caught between rapidly evolving
threats and demanding executives, IANS Research is a clear-headed
resource for decision making and articulating risk. We provide
experience-based security insights for Chief Information Security
Officers and their teams. The core of our value comes from the IANS
Faculty, a network of seasoned practitioners. We support client
decisions and executive communications with Ask-an-Expert
inquiries, our peer community, deployment-focused reports, tools
and templates, and consulting. For more information, please visit
our website at www.iansresearch.com.
About Caldwell Partners
At Caldwell we believe Talent Transforms. As a
leading provider of executive talent, we enable our clients to
thrive and succeed by helping them identify, recruit and retain
their best people. Our reputation–50 years in the making–has been
built on transformative searches across functions and geographies
at the very highest levels of management and operations. We
leverage our skills and networks to also provide agile talent in
the form of flexible and on-demand advisory solutions for companies
looking for support in strategy and operations. With offices and
partners across North America,
Europe and Asia Pacific, we take pride in delivering an
unmatched level of service and expertise to our clients.
Caldwell's Common shares are listed on The Toronto Stock
Exchange (TSX: CWL). Please visit our website at
www.caldwellpartners.com for further information.
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SOURCE IANS