#United States #New York #Cybersecurity #AXA XL #FTI Consulting

Enhancing Cybersecurity Communications for CISOs

In the modern digital landscape, effective communication is paramount for Chief Information Security Officers (CISOs) tasked with protecting their organizations from ever-evolving cyber threats. Recognizing this critical need, AXA XL has announced a collaboration with FTI Consulting and Norton Rose Fulbright to launch an innovative training program titled Secure Your Seat. This initiative focuses on empowering CISOs and cybersecurity leaders by equipping them with the skills to articulate complex cybersecurity concepts in a manner that resonates with organizational leadership.

The training program will be offered to AXA XL's cyber insurance clients across North America. It aims to enhance the ability of CISOs to communicate the intricacies of cybersecurity in business terms, fostering better strategic decision-making and supporting a robust internal security culture. According to Gwenn Cujdik, AXA XL's Incident Response and Cyber Services Lead in the Americas, effective communication is not only essential for maintaining a strong cybersecurity posture but is also crucial during a cyber crisis. When executives grasp the cybersecurity landscape through clear communication, they can make informed decisions about resource allocation and risk management, especially under pressure during a crisis situation.

Bridging Communication Gaps

The Secure Your Seat training is designed to help participants break down technical jargon and translate vital statistical metrics into straightforward presentations suitable for C-suite and Board engagements. This training is complimentary for AXA XL's cyber insurance clients and serves as an introduction to a more comprehensive training option available at preferential pricing.

Chris Cwalina from Norton Rose Fulbright highlighted that their training would include a thorough analysis of existing reporting frameworks within organizations. Participants will receive feedback on their content and metrics, as well as practical strategies for effectively communicating key performance indicators and the maturity of their programs. Moreover, the training will offer an overview of relevant regulatory changes regarding disclosure that are essential for CISOs to navigate an increasingly complex environment.

Interestingly, a recent report titled CISO Redefined: Navigating C-Suite Perceptions and Expectations from FTI Consulting revealed that 94% of executives acknowledge the rising significance of information security over the past year. Nonetheless, there remain notable gaps in communication between cybersecurity leaders and their executive counterparts. The training program aims to bridge these gaps by transforming CISOs into more effective communicators—facilitating the transmission of critical cybersecurity information in alignment with business objectives and priorities.

Comprehensive Cyber Insurance Solutions

AXA XL provides a robust range of cyber insurance products and services aimed at protecting businesses from cyber threats. Their offerings extend to covering the investigation and management of cyber incidents, financial protection against liabilities, and services designed to bolster overall cybersecurity efficacy. By promoting an understanding of cybersecurity's importance at the executive level, AXA XL is paving the way for organizations to build a resilient defense against cyber threats.

Conclusion

In today’s environment, where cyber threats are omnipresent, organizations need leaders who can not only grasp complex cybersecurity issues but can also communicate them effectively. AXA XL's initiative with FTI Consulting and Norton Rose Fulbright represents a significant leap towards empowering CISOs and fostering a culture of cybersecurity awareness within organizations. By investing in the communication skills of cybersecurity leaders, organizations can better align their security measures with their overarching business goals, ultimately securing their seats in the boardroom and fortifying their defenses against cyber adversities.

For more insights and updates, you can follow AXA XL's journey on LinkedIn.