CIO Tips: Rethink Business Priorities to Address Financial Crisis

The havoc created by the COVID-19 pandemic will take months to recover. Nonetheless, it is the time for the CIO to act proactively and address economic and emotional crises while prioritizing cybersecurity initiatives.

In this article at Virtualization Review, David Ramel explains that the CIO’s role is crucial to curtailing business disruption while working from a remote location.

Assess Shifting Attitudes

Cybersecurity remains a top priority for CIOs, but the usage of cloud computing to deliver work from remote locations requires vigilance. The IT infrastructure, artificial intelligence/machine learning (AI/ML) also escalates the financial constraints of the organizations. It poses more concerns due to cybersecurity limitations.

So, to address the rapidly evolving business priorities, the CIOs must rethink or reinvent themselves as virtual leaders and productively address the growing cybersecurity concerns. Here is a list of areas that require immediate attention and strategic solution from the CIOs:

IT Infrastructure

According to an Adobe survey, about 94 percent of small enterprises believe they are ready to deliver from remote locations. However, their CIOs still face considerable challenges in maintaining seamless communication as well as provide technical support for the remote units.

Female Employees in IT

Regardless of growing awareness about gender diversity, the IT industry poses challenges for the women employees. Nonetheless, the small and medium enterprises represent their female team members well. The CIOs must address concerns regarding gender diversity to achieve organizational success.

Cybersecurity Investment

On the scale of ten, only seven organizations foresee an increase in investment to improve the cybersecurity hygiene of the organization. CIOs must make better decision to improve the IT infrastructure, AI, or machine learning capabilities to monitor cybersecurity attacks. CIOs leveraging AI for customer support and IT must ensure the data used or budget allocated does not alter security compliance of the organization.

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