Why CISOs must champion innovation to future-proof cyber resilience, ET CIO SEA

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Cybercrime is projected to cost the global economy $10.5 trillion annually by 2025, making it one of the biggest economic risks of our time. Ransomware attacks have increased by 105% year-over-year, and AI driven cyber threats are evolving at unprecedented rates, making traditional governance-focused security models insufficient. In response to these escalating threats, forward-thinking CISOs are recognising that cybersecurity must move beyond compliance and risk management, it must become a center of innovation that enables business agility and resilience.

A decade or so ago, CISOs were primarily seen as IT security specialists, focused on antivirus, firewall management, and compliance checklists. Today, cybersecurity is no longer just an IT or Technology function, it’s a boardroom priority, directly influencing financial performance, brand reputation, and business continuity. The modern CISO is expected to not only protect the enterprise but also drive digital transformation, innovation, and proactive risk management in an era of AI-driven threats and cyber warfare.

Security Innovation:…

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