I


n their annual compensation survey, across the regions of Asia, UK, Europe, Middle East,


and North America, SSR® Personnel incorporating Executive Profiles review over 4,000 profiles and interview a number of respondents from the senior and mid executive levels to understand corporate priorities over the medium horizon.


The trend for most corporate security functions is that salaries in 2014 have increased by up to 3.2%, bonuses have increased year-on-year in value by 25% and those who are part of the executive management long term incentive scheme have averaged a bonus pool payment of 45% of salary. Executive salaries across many functions remain relatively flat amongst many organisations in Northern Europe, whilst salaries in Southern Europe have been subject to reductions or serious restraint. Many fiscal policy sources envisage that it will take 2 years to return to pre-2008 income levels, taking into consideration inflation and increased taxation representing a 30% drop in real terms, against a back drop of high unemployment.


In Asia and the Middle East the downgrading of expatriate terms, such as schooling and closed community accommodation, is promoting the employment of local professionals at one of the fastest rates ever seen. Whilst 2013 was the year that we learnt in Europe that food security was


Who really owns risk in your organisation?


seriously lacking, 2014 has seen Cyber security flash up on most company board members’ dashboards. With Europol estimating that global online loss to governments, companies and individuals is €244bn per annum, countries are taking notice and action with the establishment of Cyber Offices.


Once a victimless crime, online fraud is rightly now a priority within many law enforcement jurisdictions. In 2014 the US Conference Board reported CEOs now rate ‘Cyber Risk’ as one of the ‘hot button’ issues in their businesses, over 50% consider that they lack the expertise in-house to deal with it. In CEO opinion surveys, security functions were considered by the majority to not be in tune with the business or understand what keeps the C-suite up at night or at least waking early.


Convergence for quality


The ownership of cyber risk is hotting up with many in the physical space losing out to IT administrators. Articulation of the issues and subject matter requires those in the


physical space to wake up and ‘smell the coffee’, otherwise their share of board room influence will be limited. CSO and CISO practitioners should understand that cyber remains a key dashboard indicator for non- executive directors. Why is this key? IT drives the technology competitiveness and business imperatives, faster, and perhaps


To keep out of the headlines, you need to hire the best


For access to specialist staff contact recruitment specialists SSR® Personnel.


Robert Farlam-Jones Tel: +44 208 626 3100 rfarlam-jones@ssr-personnel.com


Two million web accounts hacked on ebay


Google, Twitter and Facebook have all been hacked recently


Cyber security break-ins a ‘daily hazard while firms


skimp on protection’


www.ssr-personnel.com 10 © CI TY S ECURI TY MAGAZ INE – AUTUMN 2014


Cyber-crime is a top priority for Europol Advertisement


Linkedin suffers massive security breach, all users must change their passwords


TJX retail customers credit card details compromised


SONY HACKED 28 MILLION USERS


HAVE DETAILS STOLEN


Internet users have two- week window to protect themselves, says UK’s National Crime Agency after working with Europol and FBI


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