It is important for information technology (IT) departments to partner closely with their business areas, and really understand the business project portfolios of the company, said Tammy Moskites, Chief Information Officer (CIO) and Chief Information Security Officer (CISO) of cybersecurity company Venafi.
Moskites was speaking at the CSX Asia Pacific Conference 2016, held in Singapore from 14 to 16 November 2016.
"Whether you are an auditor, an IT professional, or IT security professional, you are no longer just 'IT this' or 'IT that.' It is your job now to understand the business, and this helps you with governance and to act quickly in incident response," Moskites asserted.
She encouraged IT leaders to participate in business department meetings, where the projects for the following year are being planned out. These meetings will determine how the IT department can add value to the company, and also work collaboratively with the other departments.
On a more technical note, Moskites warned against the prevalence of encryption technology in the recent years. "[IT security departments] invest a lot of money in tools like Data Loss Prevention (DLP) technologies, but these technologies are unable to see encryption traffic."
Sign up for CIO Asia eNewsletters.