As generative AI (GenAI) has entered everyday nomenclature, this evolutionary technology's potential risks and threats are causing leaders in cybersecurity, risk and compliance and the C-suite to question whether their organizations are properly prepared to secure their digital assets while using GenAI to further corporate goals. In short, every C-suite leader and board member should be wondering whether their organization has the right structure to succeed in the GenAI era.

Ensuring the proper structure is in place often starts by realizing that success will likely require good partners. There is no magic "do-over" button to press if ransomware gangs steal or maliciously encrypt the data that feeds GenAI capabilities. The right cybersecurity pieces must be in place and they must then run with operational effectiveness and efficacy.

With 41% of the average spending mix going to security service providers, CISOs need to ensure that these providers have the technology acumen to navigate the rough seas that sophisticated attacks cause. Service providers with industry-specific regulatory and compliance knowledge can help an organization chart a secure course in uncertain times.