As technology continues to evolve and more organisations invest in artificial intelligence (AI), the scale and sophistication of cyber threats are increasing, placing senior technology leaders under immense pressure to safeguard their businesses. In this context, it’s unsurprising that 49% of respondents in our recent Technology Leadership report identified “cybersecurity and risk management” as their primary priority for 2025.
Technology leaders must be equipped to manage unexpected risks, educate their workforce on secure data practices, and protect their organisations from ever-evolving threats. Achieving these objectives to a high standard is no small task. These are complex responsibilities that demand expertise, precision, and a robust support structure. Consequently, investing in both interim and permanent talent to build resilient technology functions is critical.
The Impact of Cybersecurity on Businesses
Cyber threats cost the UK economy an average of £27 billion annually, underscoring the critical importance of robust cybersecurity strategies. Meanwhile, 41% of respondents in our recent technology report cited “AI and machine learning” as key priorities, further intensifying the need for heightened cyber defences.
AI and emerging technologies are still in their formative stages. While they present vast opportunities, 46% of respondents reported that the complexity of cyber threats poses their greatest challenge in managing cybersecurity effectively. A widespread lack of knowledge exacerbates this issue, preventing businesses from implementing optimal security solutions and leaving them and their customers vulnerable to attacks.
The risks are particularly pronounced for FTSE-listed and other major organisations that handle vast amounts of sensitive data. Sectors such as finance, retail, and healthcare must exercise heightened caution when adopting new technologies. Investing in experienced talent is essential to protect these businesses from threats and avoid severe financial and reputational consequences. Without a well-structured cybersecurity strategy, companies expose themselves to significant risks that could jeopardise their long-term success.
Investing in the Right Talent
Designing, implementing, and managing effective cybersecurity strategies that align with business objectives requires highly skilled leadership. Often, it takes a team of experts to deliver these strategies effectively. Identifying talent with a deep understanding of world-class cybersecurity practices, secure technology investments, and business alignment is crucial. However, the cost of assembling such a team can be prohibitive. Leveraging interim talent to complement a permanent workforce is a pragmatic solution.
- Chief Information Security Officer (CISO): A Long-Term Leader
Having a long-term leader in place is essential, however, in the absence of this an interim CISO can help stabilise the team and give a fresh perspective whilst you search. CISOs play a pivotal role in developing and implementing security strategies, managing risks, ensuring compliance, and overseeing incident response and security architecture. They must also act as a bridge between the team and the wider business, fostering strong alignment and clear communication.
A permanent CISO provides continuity, builds trust across the organisation, and ensures that IT strategies align seamlessly with business objectives. When hiring a CISO, it is vital to prioritise exceptional communication and relationship-building skills alongside technical expertise. As the go-to contact for all security-related matters, the CISO must be approachable, articulate, and adept at translating complex concepts into actionable insights for non-technical stakeholders.
- Interim Talent: A Cost-Effective Knowledge Boost
While a permanent CISO is critical, interim experts will provide invaluable support, execute quickly on essential projects and drive the agenda forward whilst you search. Our recent technology report revealed that 98% of respondents face skills shortages within their organisations. Interim professionals offer a cost-effective solution by bringing fresh perspectives, identifying knowledge gaps, and implementing upskilling programmes for existing teams.
Experienced interim candidates can swiftly pinpoint areas for improvement and draw on their diverse backgrounds to propose innovative solutions. They also help businesses anticipate potential challenges, giving them a competitive edge. For large FTSE and AIM-listed companies, interim expertise can modernise processes and facilitate the adoption of new technologies without compromising security.
The Strategic Imperative of Cybersecurity Expertise
In an era where cyber threats are a significant concern and the pace of technological transformation is unprecedented, investing in high-quality talent is a business imperative. Striking the right balance between long-term C-suite leadership and interim expertise enables organisations to address cybersecurity challenges effectively, enhance operational efficiency, and achieve their strategic goals.
By securing the right expertise, businesses can not only protect themselves from evolving threats but also position themselves for sustainable success in an increasingly digital world.
To learn more download our 2025 Technology Leadership report now.
