The Clarity Factory Founder and CEO, Rachel Briggs OBE, shared her predictions for 2025 in Ontic's annual forecast. She stressed the growing imperative for corporate security teams to collaborate across the business to help leaders avoid blind spots and enhance resilience across the value chain. In particular, she stressed the importance of optimising the relationship with cyber security. Regardless of whether you are converged or not, what matters most is that you partner.
She said:
“The risks faced by multinational corporations are increasingly interconnected; they sit across and between risk functions, and what starts as a physical security incident can quickly and unexpectedly impact cyber security, reputation, supply chain, or compliance risk, and vice versa. As a result, smart CSOs are looking for ways to work seamlessly across risk functions, from strategic to tactical levels.
The relationship between corporate security and cyber security is critical. Key touchpoints between the functions include insider risk, executive protection, information security, fraud prevention, intelligence, security operation centers, and security technology. It is increasingly difficult to deliver a truly comprehensive and effective response without collaboration
Alignment between corporate security and cybersecurity is organizationally agnostic. I have interviewed CSOs that run converged security models but complain about siloes within the function, as well as those that are not converged but have achieved highly effective partnerships with cyber security colleagues.
CSOs must identify ways to optimize the relationship with cybersecurity to derive maximum value for the corporation and a unified risk picture for the board, regardless of their organizational model. Outcomes trump org charts where risk management is concerned.”
Read the forecast in full here.
Photo by Nikolai Ulltang
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Cyber security is at the top of the agenda for most C-Suite executives. Global leaders surveyed by the World Economic Forum ranked cyber security within the top five risks over the next two years,[i] and almost three-quarters of board directors rank it as a top priority.[ii] The latest data from IBM shows that the global average cost of a data breach in 2024 was $4.88 million, a 10% increase in the past year and the highest total ever
