The 2012 State of the CSO survey shows progress toward a deeper level of business understanding and a wider knowledge of risk management
"The saying goes that in every crisis, there is an opportunity. Compliance requirements, data and privacy demands, and the threat landscape are constantly evolving, forcing companies to realize the importance of security and invest accordingly. As security concerns expand, so does the role of the security leader.
[The] annual State of the CSO survey finds a continuation of a two-part trend that we have been tracking for many years: First, there is more awareness of security and risk among companies, and second, in response, many organizations are using more formal enterprise risk management (ERM) programs. These policies, processes, methods, metrics and measurements help shape the strategic decisions for their organization. The goal is to make security strategy both targeted and holistic, proactive and defensive."