As organizations become increasingly reliant on digital infrastructure, cybersecurity threats are increasing in number, persistence, and sophistication. See new insights from ON Partners recruiting experts Marc Gasperino and Seth Harris.
Published in Hunt Scanlon Media – With technology has come the insatiable – and merciless – need for talent. Having the right leaders and teams in place is now more critical than ever. Cyber technology leaders appear in various forms: chief information security officer (CISO), chief information risk officer, chief security officer (CSO), VP information security, chief trust officer, chief information officer (CIO), chief technology officer (CTO) and many others.
These executives are vital, front-line leaders facing down increasingly numerous and sophisticated threats. Their job is to secure both the enterprise and its external products and solutions. They report to boards of directors and management committees on a regular basis, are considered strategic assets to be leveraged, and increasingly give organizations their competitive advantage. The cost of hiring one is rising – and that is good news to the scores of executive recruiters who hunt them down for clients around the globe.
Cybersecurity threats are increasing in number, persistence and sophistication. One reason: Organizations have become progressively more reliant on digital infrastructure. Whether it is a consumer threat or state-sponsored action, more bad actors are finding new entry points to access sensitive data and disrupt key operations.
“We’re seeing clients from almost every market emphasize the enhancement of their digital platforms,” said Marc Gasperino, leader of the digital practice at ON Partners. “In many cases, digital business models are carrying organizations right now. Companies that underinvested in digital platforms are starting to chase lost revenues that mean more now than before and while hiring has been frozen or slowed down in other functions, digital product, engineering, data/analytics, user experience, and cybersecurity are being prioritized. Unfortunately, since many of these companies are going through difficult financial times, they are struggling to meet the compensation requirements of the talent they need.”
“Companies that have already invested and are winning the digital business wars are trying to take advantage of recruiting talent from suffering markets like travel, hospitality and retail,” Mr. Gasperino said. “They are also driving initiatives to expedite the long process of hiring and developing diverse leadership within technology functions.” ON Partners has been hired to drive several ‘diverse only’ engagements for global market leaders since the beginning of the COVID-19 pandemic.
“I’m aligned with my clients who see COVID-19 as a temporary setback but one that has allowed them to reassess strategy, go-to-market, and product-market mix, among other things,” said Seth Harris, a partner with ON Partners. “Over the past 12 months the reliance on strong financial acumen (CFOs), product/solution rationalization or development (chief product officers), and revenue generation (CRO) will continue to be in demand. That is followed by CHROs who bring vision and guidance to the C-suite in navigating the needs of the existing workforce in light of COVID and beyond, hiring top talent whether pre-identified via a formal search or not, and the creation of a platform that assess talent demand shifts, best-in-class training, and a better level of engagement with the workforce.”
Additionally, ON Partners was recently named to the Cyber Technology Top 40 list announced by market research firm Hunt Scanlon. The list encompasses the leading executive search firms dedicated to cybersecurity and technology – a nod to the ever-expanding convergence of web, cloud, social and mobile technologies.
See the full article published in Hunt Scanlon Media here.
In response to the COVID-19 pandemic, ON developed a series of experience-driven tools designed to help clients and candidates, including an executive assessment and onboarding guide; tips on how to interview virtually; and a collective forecast from ON consultants about what to expect post-pandemic across several industries, including supply chain, eCommerce, private equity, telecom and telemedicine, software and life sciences.
ON Partners propels an organization’s mission by building C-level and board leadership teams. Founded in 2006 by like-minded consultants as a values-driven alternative to the multi-service global firms they were leaving behind, ON delivers a better executive search experience. Named by Forbes as one of America’s Best Executive Recruiting Firms and to the Inc. 500/5000 Lists seven times, the firm is consistently ranked among the top 20 retained executive search firms in the U.S. For more information, see our results here.
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