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Subjects: SVY, JVN

IANS Research and Artico Search Unveil Annual Security Organization and Compensation Report


New benchmark study finds that aligning cybersecurity organization models with business objectives enables talent retention and security program success

BOSTON, Nov. 15, 2023 /PRNewswire/ -- Today, IANS Research and Artico Search released their 2023 Security Organization and Compensation Benchmark Report, an annual research study that analyzes security organization planning across revenue segments and industries. This year, a total of 1,195 Chief Information Security Officers (CISOs), functional department leaders, and other staff provided survey data that demonstrated a positive correlation between revenue and a security organization's size and complexity. The report found:

"The success of an organization's security strategy depends on the proper sizing of the security organization, the quality of the talent of the team ? especially the functional department leaders ? and the right comp plans," stated Nick Kakolowski, Senior Research Director at IANS Research. "CISOs must make organizational and staffing decisions in anticipation of the organization's dynamic needs as they evolve according to market conditions, growth objectives, and regulatory requirements."

The study also found that successful hiring and retention of cyber leaders hinges on the right compensation plans. Specifically:

Additionally, organizational design varies for functional leadership by stage of growth and industry:

The study also reported that organization design varies by industry, with large timing differences when functional leaders are added to the team:

"Despite security leadership being largely industry-agnostic, when it comes to budget allocation for staffing, industry-specific needs play a crucial role," stated Steve Martano, a partner and executive recruiter in Artico Search's cyber practice. "For tech firms, products and AppSec are central to their security org design, leading to technical hires earlier in a company's lifecycle, while manufacturing companies design fuller programs later in terms of revenue. The banking sector was the first mover in designing cutting-edge security operations centers, and that trend continues in the sector. Financial services firms typically design a more robust in-house SecOps program rather than outsource it compared to other sectors." 

For more insights, please download the summary report.

Survey Methodology
IANS and Artico Search fielded its annual CISO Compensation and Budget survey in April 2023. This year, they expanded the survey to include a dedicated set of questions for staff, including analysts, architects, engineers, managers, experts, and functional leaders. From April until August, they received survey responses from 663 CISOs and 532 staff from companies that varied by size, location, and industry.                                                            

The organizations combined the data from both groups to determine the decisions made for the security organizations at small and midsize companies (with annual revenues of between $50 million and $400 million), large enterprises (with an annual revenue ranging between $400 million and $6 billion), and very large and global enterprises (with annual revenues exceeding $6 billion).

Artico Search
Founded in 2021, Artico Search's team of executive recruiters focuses on a "grow and protect" model, recruiting senior go-to-market and security executives in growth venture, private equity, and public companies. Artico's dedicated security practice delivers CISOs and other senior-level information security professionals for a diverse set of clients.

IANS Research                               
For the security practitioner caught between rapidly evolving threats and demanding executives, IANS Research is a clear-headed resource for making decisions and articulating risk. They provide experience-based security insights for CISOs and their teams. Their core values come from the IANS Faculty, a network of seasoned practitioners, and they support client decisions and executive communications with Ask-an-Expert inquiries, their peer community, their deployment-focused reports, tools and templates, and consulting.

Media Contact:
Angelique Faul
Silver Jacket Communications
513.633.0897
[email protected]

SOURCE IANS Research


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