From Risk Management to Business Enabler--How CISO's Can Make The Move
Geoff Hancock CISO CISSP, CISA, CEH, CRISC
I help business and technology executives enhance their leadership, master cyber operations, and bridge cybersecurity with business strategy.
The Problem: CISOs Are Stuck in a Defensive Role
Many CISOs (my past self included) operate primarily as risk managers. We’re trained to identify threats, assess vulnerabilities, and ensure compliance. We walk into executive meetings with dashboards full of risk scores, incident reports, and policy updates.
But here’s the hard truth: Most executives don’t care about security in isolation. They care about growth, revenue, customer trust, and operational efficiency. If we continue to position ourselves as gatekeepers, we will always be seen as a cost center—an obstacle rather than an enabler.
How to Shift from Risk Manager to Business Enabler
1. Speak the Language of Business, Not Just Security
When I first started presenting security updates in financial terms—tying security investments to revenue impact, customer retention, and market expansion—everything changed. Instead of talking about reducing phishing risk, I framed it as protecting customer trust and preventing financial fraud. Instead of discussing compliance as a regulatory burden, I showed how it could be a competitive differentiator in new markets.
What to do:
2. Shift from “No” to “How”
For years, security teams were known as the “Department of No.” We blocked cloud adoption, mobile access, and new technologies because of security concerns. But I’ve learned that the real power of security leadership comes from helping the business say “Yes” in a secure way.
What to do:
3. Embed Security into Business Strategy
Security should not be a last-minute compliance checkbox—it should be baked into business decisions from the start. When security is integrated early, it can drive innovation rather than hinder it.
I’ve seen firsthand how companies that prioritize security from the start can enter regulated markets faster, gain customer trust more easily, and even reduce operational costs.
What to do:
4. Build Relationships and Influence
One of my biggest mistakes early in my CISO career was focusing too much on technical security and not enough on relationships. I thought if I just had the right data, the right risk assessments, and the right frameworks, I could convince leadership to prioritize security.
The most effective CISOs aren’t just security experts; they’re business leaders who build trust and influence across the organization.
What to do:
5. Measure and Communicate Business Impact
One of the most powerful things I did was revamp how I reported security metrics. Instead of leading with “risk reduction” and “incident counts,” I started reporting on:
The response was night and day. Suddenly, security wasn’t just a cost—it was a key part of the company’s success story.
What to do:
Own Your Role as a Business Leader
If you’re a CISO (or an aspiring one), I challenge you to step beyond the traditional risk-management mindset. You’re not just protecting the business—you’re enabling it to thrive.
Your ability to shift from risk manager to business enabler will define your success in the modern CISO role. Security is no longer just a compliance function; it’s a business driver. Own it.
And next time you’re in that boardroom? Make sure your answer to “How does this impact our ability to grow?” is crystal clear.
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THE HOW
1. How do I effectively learn my company’s financial and business strategy?
Answer:
To transition from a security leader to a business enabler, you need to understand how your company makes money, where it is headed, and how security fits into that journey. This requires immersing yourself in the business side of things, not just security.
How to Implement:
? Read financial reports and earnings calls: If your company is publicly traded, read annual reports (10-K filings) and listen to earnings calls to understand revenue streams, market challenges, and strategic goals. If you’re in a private company, ask the CFO for an overview of financial priorities.
? Join executive meetings: Ask to sit in on board meetings, sales strategy discussions, and product roadmap sessions. This will give you firsthand insights into business priorities.
? Build relationships with business leaders: Schedule one-on-one meetings with the CFO, COO, CMO, and product leaders to understand their challenges and goals. Ask them how security could help them move faster or create value.
? Take a finance or business course: If financial terminology and business models feel foreign, consider an executive education program or a course on corporate finance or business strategy.
2. What are some real-world examples of companies that have successfully transformed security into a business enabler?
Answer:
Many organizations have used security to drive business growth rather than just reduce risk. Here are a few:
How to Implement:
? Identify your company’s unique security strengths and see how they can be leveraged as a competitive advantage. Are you in finance, healthcare, or SaaS? If so, security can be a differentiator in highly regulated industries.
? Engage marketing and product teams to explore how security can be positioned as a selling point rather than just a backend function.
? Monitor industry leaders and learn from how they use security to gain customer trust.
3. How can a CISO measure and communicate the ROI of security investments?
Answer:
One of the biggest challenges for CISOs is demonstrating the value of security beyond just "avoiding breaches." The key is linking security investments to business outcomes.
How to Implement:
? Map security initiatives to business impact: Instead of saying, “We reduced phishing risk by 30%,” say, “Our anti-phishing program reduced employee-targeted scams, preventing potential fraud of $X million.” ? Use financial metrics: Calculate how security investments reduce downtime, improve efficiency, or enable revenue growth. Examples include:
4. What are the biggest challenges in shifting from a risk manager to a business enabler, and how can they be overcome?
Answer:
The shift from risk manager to business enabler isn’t easy. Many CISOs struggle with:
How to Implement:
? Reposition security as a business partner, not a gatekeeper: Instead of blocking initiatives, focus on how security can accelerate them. Example: Rather than saying “No, we can’t move to the cloud,” say, “Here’s how we can do it securely while maintaining compliance.”
? Educate leadership on security’s role in business growth: Use real-world case studies and competitor examples to show how security investments can drive revenue.
? Hire or develop business-savvy security leaders: If your security team is purely technical, bring in security professionals with business acumen or provide training in business strategy.
? Start small and prove value: If leadership is skeptical, start with one or two key initiatives that tie security to revenue or customer trust, and use that success to build momentum.
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