ISACA Shares Insights from Tech Executive Summits On Technology Challenges Skills Gaps and More

Audit and Assurance
Author: ISACA
Date Published: 24 July 2019

Schaumburg, IL, USA – During ISACA’s recent 2019 North America CACS conference, senior executives in cybersecurity and IT audit participated in summits addressing challenges, best practices, lessons learned and insights into the latest technology challenges and solutions. Distilled highlights from these summits are now available in new complimentary reports: 2019 North America CACS Security Leaders Summit Recap and 2019 North America CACS IT Audit Leaders Summit Recap.

The Security Leaders Summit Recap report compiles insights from the summit’s discussions around the topics of organizational performance, leadership, and collaboration, as well as emerging technologies. This includes highlights from a briefing on ISACA’s 2019 State of Cybersecurity Research, including discussion around the continuing cybersecurity skills gap. The report also showcases key advice from Todd Fitzgerald, veteran ISACA contributor and managing director of CISOSpotlight, inspired by the Forrester Research, Inc. 2018 leadership-skills list. The list advises CISO to plan a path away from operations, express risk-management processes in terms of business language, and build a support network for insights, among other recommendations.

The report also recapped attendees’ guidance to internally collaborate to ensure efficient regulatory compliance to secure the enterprise information assets. And, the recap spotlights opportunities and challenges the profession faces with emerging technologies, including artificial intelligence (AI), machine learning, quantum computing and extended reality—the combination of virtual reality and augmented reality. Additionally, Timothy Lee, CISO for the city of Los Angeles, outlined the city’s cybersecurity strategy implementation road map and shared the city’s top cyber challenges, which included:

  • Humans are the weakest link.
  • Attack surfaces are expanding.
  • Business goals increasingly compete with cybersecurity needs.

IT senior audit professionals had their own invigorating panel lineup, spotlighted in the IT Audit Leaders Summit Recap. Panel topics connected with larger themes relayed in ISACA’s recent study, The Future of IT Audit, as well as a range of other priority areas for leading experts.

Discussions focused on how IT auditors can approach audits of blockchain applications, as well as potential issues around AI implementation, and the need to adapt current audit approach to adequately audit DevSecOps and define strategies for execution. Summit attendees were also the first to receive the executive summary of the 2019 Global IT Audit Benchmarking study from ISACA and Protiviti, which cited competition between existing enterprises and “born digital” firms as a top risk. Some of the additional key findings from the study include:

  • One cybersecurity incident can disrupt operations and result not only in loss of revenue but also loss of reputation and may trigger adverse regulatory or adverse action
  • Transferring data services to the cloud or to third parties significantly affects the enterprise risk profile.

Additionally, the IT Audit Leaders Summit Recap explores IT audit’s role in cybersecurity investigations and features attendee feedback during the panel discussion on DevOps. In that session, about two thirds of attendees indicated that they use DevOps; of that group, roughly half involve audit at the beginning of the process.

For additional highlights about speakers, content and education from the 2019 NA CACS conference, view key takeaways here. More information about 2020 North America CACS, to be held in Baltimore next May, can be found at http://next.victorybreastimaging.com/conferences/north-america-cacs-2020.

About ISACA

Now in its 50th anniversary year, ISACA (victorybreastimaging.com) is a global association helping individuals and enterprises achieve the positive potential of technology. Today’s world is powered by information and technology, and ISACA equips practitioners with the knowledge, credentials, education and community to advance their careers and transform their organizations. ISACA leverages the expertise of its 460,000 engaged practitioners—including its 140,000 members—in information and cybersecurity, governance, assurance, risk and innovation, as well as its enterprise performance subsidiary, CMMI Institute, to help advance innovation through technology. ISACA has a presence in more than 188 countries, including more than 220 chapters worldwide and offices in both the United States and China.

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Contact:

Emily Van Camp, +1.847.385.7223, evcamp@victorybreastimaging.com
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