San Francisco, CA, 15th October 2024 — Nearly a quarter, 24%, of CISOs or IT security decision makers (ITS DMs) are actively looking to leave their position, according to new research commissioned by BlackFog.  A further 54%, while not actively looking to quit, are open to new opportunities.

The research, which explored the cause and impact of stress, also highlights how security leaders are managing the demands they face, and what they need from their organizations to feel more supported.  Conducted with UK and US cybersecurity leaders^1, the research also reveals that, of those considering leaving their role, 93% state that the stress and demands are impacting their decision to leave.

When asked about their typical working week, nearly every respondent, 98%, reported that they work more than their contracted hours.  On average, they are clocking up an extra nine hours – more than one working day ² – every week, with 15% of all respondents typically working more than 16 hours over their contracted time each week.

“These findings validate the turnover we witness in the market every day, compounded by the lack of resources and tools to combat new AI based threats” said Dr. Darren Williams, CEO and Founder, BlackFog. “The cost and time involved in replacing senior level security leaders is considerable so it’s absolutely essential that organizations address the root cause of stress to reverse the cycle of churn.” 

In terms of how cyberthreats contribute to security leaders’ pressure, more than two thirds of respondents, 37%, stated that malware and ransomware attacks are the biggest source of stress.  As the ransomware attack landscape continues to evolve, 42% of respondents also stated they are most worried about attackers using AI to launch their assaults whilst data exfiltration, a tactic increasingly used by ransomware attackers, was cited as the top concern by a quarter of respondents.

BlackFog’s findings show that whilst there are positive signs of ITS DMs using constructive strategies to manage stress, some have also engaged in more worrying activities to cope.  When asked about activities over the past year, the findings revealed:

• 86% of participants allocate time for sport and recognize physical health as important to their overall wellbeing. Three quarters (75%) state they get enough sleep.
• More than four fifths (82%) believe that they set clear boundaries between their work and private time.
• However, in the past 12 months 45% have at some point used drugs or alcohol to alleviate work pressures and 69% have withdrawn from social activities.

The research highlights positive support within organizations, but also suggests that Boards and managers could improve the level of help provided.

• Almost two thirds of security leaders have been offered practical support to manage the stress of their role. This includes flexible hours (64%) and hybrid or remote working (62%).
• However the majority of respondents feel that their organization could do more to make them feel supported in their role. This ranged from increasing their budget so they can afford the security tools they need (41%) to having more time to focus on the problems that matter (40%).

Founded in 2015, BlackFog is a global cybersecurity company that has pioneered on-device anti data exfiltration (ADX) technology to protect companies from global security threats such as ransomware, spyware, malware, phishing, unauthorized data collection and profiling. Its software monitors enterprise compliance with global privacy regulations and prevents cyberattacks across all endpoints. BlackFog uses AI to preemptively prevent hackers from exploiting vulnerabilities in enterprise security systems and data structures.

BlackFog recently won the “Best Threat Intelligence Technology” in the 2024 Teiss Awards, “Data Leak Detection Solution of the Year” award in the CyberSecurity Breakthrough Awards, as well as a Gold award in the Cybersecurity Excellence Awards for Best Virtual CISO Offering, a Silver award for Ransomware Protection and Most Innovative Cybersecurity Company in 2023. BlackFog also won a Globee award in 2023 for the State of Ransomware report which recognizes outstanding contributions in securing the digital landscape.

BlackFog’s preventative approach to security recognizes the limitations of existing perimeter defense techniques and neutralizes attacks before they happen at multiple points in their lifecycle. Trusted by corporations all over the world, BlackFog is redefining modern cyber security practices. For more information visit https://www.blackfog.com

¹ Methodology

The results from this survey are from an online survey Sapio Research fielded on behalf of BlackFog with IT Security Decision Makers in companies of over 500 employees across the UK (200) and US (200). The research was conducted in July and August 2024.

²  Calculated based on average weekly hours for UK and US workers, divided by five working days.