"Inside the Mind of a CISO" report uncovers
CISO perceptions on AI threats, ethical hacking, and the expertise
needed to address the cyber skills gap
SAN
FRANCISCO, June 27, 2024 /PRNewswire/ -- Bugcrowd,
the only multi-solution crowdsourced cybersecurity platform,
released its "Inside the Mind of a CISO" report, which surveyed
hundreds of security leaders around the globe to uncover their
perception on AI threats, their top priorities and evolving roles,
and common myths directed towards the CISO.
Money & Hiring
Among the findings, 1 in 3 respondents (33%) believed that at
least half of companies are willing to sacrifice their customers'
long-term privacy or security to save money. This is explained in
part by the fact that 40% believed that less than 1 in 3 companies
truly understood their risk of being breached. Speaking of money,
nearly 9 in 10 (87%) reported that they were currently hiring
security staff and 56% stated that their security team was
currently understaffed. And despite some common misconceptions
around not needing a college degree, respondents reported that only
6% of cybersecurity leaders don't have a college degree and over
80% have a degree specifically in cybersecurity.
AI
Despite plans to hire, 70% reported that they planned to reduce
the security team headcount within the next 5 years due to the
adoption of AI technologies. Over 90% believe that AI already
performs better than security professionals, or at least will in
the near future. AI isn't only seen as a benefit however, over half
(58%) believe that the risks of AI are worse than its potential
benefits.
CISO Perspectives on Ethical Hacking
Due to concerns around the malicious use of AI by attackers, 70%
of security leaders turned towards using crowdsourced security
for testing their AI defenses. In fact, more than 7 in 10 (73%) of
security leaders view ethical hacking in a favorable light and 75%
of them actually have experience with it themselves. With modern
day threats being more evasive and adaptive than they've ever been
– 89% believe there are more threats and they are more serious –
it's imperative that crowdsourced security be the center of an
organization's cybersecurity strategy.
"The CISO role is evolving. Given the current risk landscape and
the need to prioritize security over resilience, the CISO has more
responsibility than ever before," Nick
McKenzie, CISO at Bugcrowd. "Bridging the gap between CISOs
and the collective ingenuity of hackers is key to shielding
organizations from the increasing onslaught of AI threats and
attacks."
As the cybersecurity landscape continues to evolve,
professionals and organizations must remain ready to adapt to the
latest trends and emerging technologies such as AI and the
implementation of crowdsourced cybersecurity. The Bugcrowd Platform
connects organizations with trusted hackers to proactively defend
their assets against sophisticated threat actors. In this way,
CISOs can unleash the collective ingenuity of the hacking community
to better uncover and mitigate risks across applications, systems,
and infrastructure.
Access the full report
This report analyzed 209 survey responses from security leaders
across the globe, including North
America, South America,
Europe, Asia, Australia, and Africa – all fully employed at organizations
of varying sizes. It defines "security leaders" as anyone with one
of the following titles—CISO, CIO, CTO, Head of Security, or VP of
Security.
The full report dissects the top priorities of CISOs, addresses
the most common misconceptions, uncovers their perceptions on the
threat landscape and provides a closer look at what an "Offensive
Security CISO" looks like and how hackers and security leaders can
join forces. To access all the rich insights and data excavated
from the team, click the link here.
To download a copy of the Inside the Platform: Bugcrowd's
Vulnerability Trends Report, which shows the types of vulnerability
submissions that are on the rise today according to global hackers,
click here.
To learn more about how the Bugcrowd Platform can help CISOs
protect their organizations from cyber risk, visit the link
here.
About Bugcrowd
We are Bugcrowd. Since 2012, we've been empowering organizations
to take back control and stay ahead of threat actors by uniting the
collective ingenuity and expertise of our customers and trusted
alliance of elite hackers, with our patented data and AI-powered
Security Knowledge Platform™. Our network of hackers brings diverse
expertise to uncover hidden weaknesses, adapting swiftly to
evolving threats, even against zero-day exploits. With unmatched
scalability and adaptability, our data and AI-driven CrowdMatch™
technology in our platform finds the perfect talent for your unique
fight. We are creating a new era of modern crowdsourced security
that outpaces threat actors.
Unleash the ingenuity of the hacker community with Bugcrowd,
visit www.bugcrowd.com. Read our blog.
"Bugcrowd", "CrowdMatch" and "Security Knowledge Platform" are
trademarks of Bugcrowd Inc. and its subsidiaries. All other
trademarks, trade names, service marks, and logos referenced herein
belong to their respective companies.
Contact
Nathaniel
Hawthorne
Lumina Communications for Bugcrowd
press@bugcrowd.com
bugcrowd@luminapr.com
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SOURCE Bugcrowd