Liberty Mutual is the latest Fortune 500 company to eliminate the role of CISO. 55 percent of companies responding to a recent study by IDG and PWC report that they now employ a CISO, up from 31 percent 2 years prior. Many organizations have CISO’s (and even CSO’s) report to the chief financial officer rather than the CFO. I wonder if the CISO role is going to be one that, in time, is viewed as a whistle-blower and as such phased out of organizations.”]
Source: https://www.csoonline.com/article/2135963/ciso-trends–gaining-power-or-losing-positions-.html