My normal Wednesday lunch yesterday was rudely interrupted by my adequate friend and reasonable security advocate Javvad calling me to ask my opinion on something. This in itself was surprising enough, but the fact that I immediately gave a strong and impassioned response told me this might be something I needed to explore further…
The UK Parliament in this report have recommended that CEO salaries should be defined by their attitude and effectiveness of their cybersecurity. I am not one normally for histrionics when it comes to government reports, partly because they are often impenetrable and not directed at me or my lifestyle, but I will make an exception in this case. I think this attitude is quite simply short sighted and a knee jerk reaction to a very public breach that was admittedly caused by a lackadaisical attitude to security.
I have argued for a long time that the security function is not a “special flower” in the business, and that by supporting that case security becomes an inhibitor of the business, restricting it from taking the kind of risks that are vital to a growing and agile business. The only way I would agree to this demand would be if the CEO’s compensation was directly related to financial performance, staff attrition, number of court cases levelled and number of fires or false alarms in its premises, and have that all supported by a change in the law. If that happened, there would suddenly be a dearth of well paid, well motivated CEO’s in the country.
By calling security out individually means the security function will all to easily slip back into old behaviours of saying NO! to every request, only this time the reason given is not just “it’s not secure”, but also “Bob’s pay depends on it”.
This can only work if every other function of the CEO was also covered by similar laws as I said above. Sure, there are basic behaviour laws around financial, people, legal, facilities etc. such that a company can’t be embezzled, people can’t be exploited or put into danger etc.. But this recommendations makes security far to primary a concern. It also doesn’t even take into account the fact that determined hackers will get in anyway in many cases, or that data can easily be stolen through softer, social engineering techniques. Zero day exploit, never before seen? Sorry Mr CEO, you need to take a pay cut for not having a cyber crystal ball and defending against it. Determined nation state attacks? Tough luck you only have a cyber budget a fraction the size of the attackers, back to reduced pay.
I get that many folks are angry with the level of CEO pay and reward in the workplace these days. In the case of Talk Talk I find it astounding that Dame Dido Harding has been awarded £2.8 million GBP in pay and shares after what has to be an absolutely disastrous year fro Talk Talk. That said, I also don’t know the details of her contract and the performance related aspects of it; maybe she hit all of her targets, and cyber risk was not one of them.
This is where we need to address this; not in law and regulation, but in cyber savvy contracts and performance metrics within the workplace and enforced by the Board. No emphasis on cybersecurity, but a balanced view across the entire business.
No single part of a business is the special flower, we all have an equal and unique beauty and contribution to make.