Every CISO is familiar with the feeling of sounding like a broken record in quarterly business reviews, or worse, in board meetings. We’re constantly asking for more budget to keep up with evolving threats, but boards often view security as more of a “cost center” than a strategic partner. When CISOs are perceived as technical experts who speak a complicated, foreign language rather than business partners, they’re left asking for more resources quarter after quarter without success. 

Despite its predictability, this cycle is exhausting because it’s built on the flawed premise that technical expertise alone drives business decisions. Under this premise, the board receives passionate presentations about complex vulnerabilities but lacks the business context to evaluate tradeoffs or to understand operational implications. When CISOs present risk assessments in isolation, even well-researched findings appear as individual opinions rather than business-validated strategic imperatives. 

This structural disconnect explains why security leaders are perpetually advocating for resources without the executive backing necessary to drive meaningful change.

The challenge every CISO faces

Many CISOs find themselves reporting to CIOs, CTOs, or other executives instead of CEO-direct access; they are excluded from executive decision-making processes despite having the technical expertise and honorable intent. Without the correct business framing, CISOs struggle in translating technical vulnerabilities into business language that resonates with executive teams focused on operational efficiency and increasing revenue.

When CISOs present alone, even the most thorough risk assessments can sound like technical jargon that business leaders don’t understand. Executive teams and Boards cannot see the connection between security investments and business outcomes. They don’t understand the tradeoffs that have already been considered and the consensus that has been built around priorities.

Even the most capable CISOs fight an uphill battle for resources, credibility, and strategic influence when the board doesn’t understand the business value of their contributions.

The power of formal governance with a risk committee

The most successful, upwardly mobile CISOs operate under a different model entirely; they work within risk committee structures. These committees function as formal governance mechanisms, ensuring security risks undergo evaluation via business lenses by executives who balance the operational realities and strategic priorities.

Instead of the CISO telling the board, “I need more money for security,” the conversation becomes, “The risk committee has met, reviewed our top risks, and decided on hard tradeoffs within our fixed budget. We’ve agreed on these priorities, but there are risks we can’t address. We need the board to understand what can’t be resolved within these budget constraints and if it can accept this risk tolerance.”

In this scenario, the board is no longer evaluating one person’s technical opinion. They’re reviewing business decisions made collectively by leaders who understand both the risks and the operational realities. When additional funding is needed, a risk committee asks based on business necessity rather than technical advocacy.

As a result, the CISO’s role transforms from advocate to communicator—from technical expert to business risk translator backed by executive consensus. 

Who should sit at the table

Assembling a risk committee starts with strategic composition. You need anyone who can inform business decisions, starting with the CEO or their delegate. This executive signaling is important in bolstering the committee’s authority and effectiveness.

CISOs do not own the resources driving corrective investments, and the tradeoffs we silently wrestle with requires bringing all of those stakeholders to the table to hammer out these conflicts at the risk committee table. You’ll want to include the heads of IT, engineering, legal, operations, and customer success or sales. Depending on your organization, you might also include partners or vendor representatives. The idea is to bring in C-level executives or heads of major business units who understand both the technical implications and the business impact of risk decisions.

This will result in expensive meetings in terms of executive time, which means they must be incredibly efficient. However, this investment pays dividends in alignment, shared ownership, and strategic credibility for security initiatives.

Using a comprehensive risk register as your foundation

Effective risk committees operate from a solid foundation: a comprehensive risk register. If you have a strong governance, risk, and compliance (GRC) organization, it typically owns this register. The risk team becomes your partner in documenting, organizing, and maintaining your organization’s catalog of potential loss scenarios.

Most organizations have two risk registers. The official corporate risk register is subject to structured documentation and is shared with leadership. The informal catalog contains risks that security leaders (often quietly) avoid documenting because their scale and complexity would require immediate action that exceeds the organization’s readiness.

Focus your risk committee discussions on the formal register by organizing them around two critical categories: 

  1. Prioritize the worst-case scenarios, like potentially company-ending events that, while unlikely, would be devastating if they occurred. These scenarios include infrastructure compromises or systemic vulnerabilities that could cascade across your entire operation.
  2. Consider the most frequently encountered operational risks, such as phishing attacks targeting accounts payable, stolen laptops, malware deployments, lost MFA devices, or social engineering attacks on your support teams.

The strategic value of your proposals emerges when the business perspective informs risk evaluation. Organizations may discover that it’s more cost-effective to spin off or sell a business unit generating $5.2 million in revenue rather than spend $7 million securing old systems that could expose the entire organization if compromised. Considerations like this represent business strategy decisions informed by security analysis rather than purely technical determinations.

Using adversarial testing insights to strengthen your risk committee decision-making

Risk committees move security considerations from theoretical to tactical by incorporating real-world testing results in risk prioritization and decision-making processes. Going beyond annual penetration testing cycles, the formal committee creates continuous feedback loops that validate your assumptions and guide investments and resource allocation.

Bug bounty programs become proxy indicators of the effectiveness of corporate alignment, prioritization, and partnership between security and operational technology teams. When external researchers find exploitable vulnerabilities from outside your organization, it’s objective evidence of what requires immediate attention. More importantly, the patterns in these findings reveal systemic issues in your security program that teams can miss when they’re too close to the systems they’ve built.

Risk committees need visibility into the performance of technology investments and vendors. They need to understand why engineering teams aren’t meeting security SLAs around patching and why that matters to business continuity. Furthermore, they need to understand the connections between the abstract risks in your register and the concrete vulnerabilities being discovered through testing.

In a SaaS business, you’re turning “code into revenue.” Every minute an engineer spends on security is a minute they’re not creating features that drive revenue growth. Risk committees provide the business context necessary to determine when these tradeoffs justify security prioritization, specifically when addressing vulnerabilities that demonstrate actual exploitability and operational threat.

From technical advocate to strategic leader

The path from a strictly technical role to strategic leadership requires creating business context, executive alignment, and formal processes that use security expertise to drive business decisions rather than isolated technical recommendations.

Risk committees solve funding and credibility problems simultaneously. They turn security leaders into strategic business partners working with executive backing so that they can make real strategic impact.