Amid growing economic uncertainty and the ever-evolving geopolitical landscape, the role of Chief Information Security Officer (CISO), in general, and within the Technology, Media, and Telecommunications (TMT) sector, in particular, has become quite complex and demanding. The proliferation of smart, connected devices powered by Internet of Things (IoT) has not only expanded the attack surface but also triggered a shadow technology environment, which adversaries are exploiting using increasingly sophisticated tactics such as deep fakes and polymorphic malware. CISOs must navigate these complexities while safeguarding critical data and staying ahead of cyber attackers.
CISOs in organizations across various TMT subsectors are at forefront of addressing the constantly emerging threats, evolving global regulatory compliance requirements and emerging risks due to rapid adoption of digital technology. Many are recognizing the importance of positioning their work as a matter of building and maintaining trust, rather than solely satisfying regulatory compliance obligations, as cyber security is becoming a critical element in the products and services offered by the TMT industry. This dynamic has a direct impact on an organization's revenue, profits, and reputation, thus requiring today’s CISOs to speak the language of business and engage more directly with C-suite colleagues to justify the need for ongoing funding and resources.
TMT subsectors have similar business drivers and multiple synergies which has led to boundaries becoming blurred. However, at the same time, each of these subsectors has unique security challenges. For example, technology services priorities include regulatory compliance, supply chain risk management, and mitigating human risk. On the other hand, software as a service (SaaS) providers are focusing on platform resilience and artificial intelligence (AI) security to protect global operations and reputation. Proactive measures specific to these imperatives are essential. Indeed, according to KPMG research, 55 percent of TMT CEOs cite cybersecurity as their top overall challenge.1 For many CISOs, taking a proactive and strategic approach to cybersecurity is crucial to staying ahead of potential threats in today’s environment and also position it as competitive differentiator.
To enhance their defensive posture, many CISOs across TMT are increasingly relying on automation and AI to help bridge gaps left by traditional manual processes and bolster overall security frameworks. Utilizing a centralized platform to consolidate multiple tools and processes into a cohesive system is a key strategy for managing alert fatigue, improving decision-making and mitigating risks more effectively. Ensuring resilience is another key area that CISOs are focused upon and newer strategies around data security (specifically with heavy adoption of AI), cloud-based recovery environments, and newer innovative methods are gaining traction, as well.
This report explores cybersecurity considerations for the TMT sector. It provides an in-depth analysis of prevalent challenges, emerging strategies, and the evolving roles of CISOs. It aims to equip security leaders with the knowledge and tools necessary to enhance their efforts, build trust and pursue resilience in a fast-changing digital landscape.