Security News > 2021 > June > Only 7% of security leaders are reporting to the CEO

While 60% of organizations have experienced a cyberattack in the last two years and spend approximately $38 million on security activities, only 7% of security leaders are reporting to the CEO, a LogRhythm report reveals.

Based on a global survey of 1,426 chief information, technology and security executives, the report sought to learn about the role and responsibilities of today's cybersecurity leaders and the challenges they face in creating a strong security posture.

Because the majority of security leaders are three steps away from the CEO, only 37% of respondents say their organization values and effectively leverages the expertise of the cybersecurity leader.

"While security leaders are assuming more responsibility than ever before, they lack the necessary organizational visibility and influence to effectively build and mature their security programs," said James Carder, CSO of LogRhythm.

"Comprehensive cybersecurity programs are integral to the success of an organization. This research should spur CEOs to take accountability for safeguarding their organization's sensitive information, prioritize the security program by elevating the security leader and ensure inroads between security decision-makers, the C-suite and the board."

The significant increase in employees working remotely due to COVID-19 has created the biggest security challenge for IT security leaders, according to the research.

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