The role of the chief information security officer (CISO) has experienced significant changes in recent years due to the growing concern of cybersecurity in businesses. As a result, CISOs now hold increasingly pivotal positions within their organizations. However, due to the demanding nature of the role, many security leaders leave the position before retirement age. Some experienced CISOs aspire to leverage their professional experiences to secure seats on corporate boards, where they can influence high-level decisions. Although not a guaranteed transition, the journey from CISO to board member requires careful planning, strategic networking, and a diverse skill set.
To increase their chances of landing a corporate board seat, CISOs should consider the following tips:
1. Develop a business-oriented mindset: CISOs must expand their skill sets beyond technical expertise to become attractive candidates for corporate board positions. Gaining a business-oriented mindset is crucial for establishing professional credibility on a board. CISOs should actively engage with other departments and leaders to understand the broader workings of the organization. By aligning cybersecurity strategies with high-level objectives and seeing cybersecurity issues through a business lens, CISOs can showcase their value as potential board members.
2. Pursue board education and certification: Investing in professional development is essential for aspiring board members. CISOs should seek out educational opportunities that focus on corporate governance, leadership, and risk management. These credentials demonstrate a commitment to board service and equip CISOs with the knowledge necessary to fulfill the responsibilities of a corporate director effectively.
3. Network, network, network: Building a strong professional network is vital when aiming for a corporate board seat. CISOs can attend industry events, conferences, and gatherings to connect with seasoned board members and executives. Engaging with executive search firms specializing in board placements can also be beneficial. Additionally, cultivating relationships with influential individuals in their organization and field can open doors for potential board opportunities. When presenting to the board as a CISO, CISOs should ask to attend the entire meeting to learn how the board works and build relationships with current members.
4. Join advisory boards: Serving on advisory boards can help CISOs secure corporate board seats. Advisory roles provide security leaders with valuable boardroom experience, giving them insights into board dynamics, responsibilities, and decision-making processes. Additionally, these positions allow CISOs to showcase their leadership skills and expertise to potential board recruiters.
5. Highlight leadership and communication skills: Effective leadership and communication skills are essential for board members. CISOs can showcase their leadership abilities by driving strategic initiatives within their organizations. They can enhance their communication skills by presenting at conferences, contributing to thought leadership pieces, and participating in media interviews. Working with a business, life, or public-speaking coach can help CISOs hone their communication skills and build a strong leadership brand.
6. Emphasize governance and risk management expertise: Corporate governance and risk management are critical responsibilities of boards of directors. CISOs should emphasize their experiences in managing cyber-risk as part of enterprise risk, complying with regulations, and implementing governance policies. At the board level, strategic expertise in these areas is more valuable than technical experience.
Transitioning from a CISO role to a corporate board seat requires dedication and strategic planning. However, as boards increasingly recognize the importance of cybersecurity expertise, CISOs have an excellent opportunity to contribute their insights at the highest levels of decision-making. By developing a business-oriented mindset, pursuing board education, networking, joining advisory boards, highlighting leadership and communication skills, and emphasizing governance and risk management expertise, CISOs can increase their chances of securing a corporate board seat.