The Fog of More, the Risk of Cybersecurity Commoditization, and the Race to the Bottom | A Their Story Conversation from RSA Conference 2023 | A Schellman Story with Michael Parisi

In this Their Story podcast episode, Michael Parisi and Sean Martin dig into the challenges and implications of compliance, cybersecurity, and the risk of commoditization in the industry. The conversation focuses on the importance of maintaining a strong security posture, the role of stakeholders, and the need for education among non-technical individuals, such as CFOs and board members, to prevent a race to the bottom in cybersecurity.

Parisi's main concern is that compliance has become an outcome rather than a mission, and that cybersecurity could follow a similar path if we're not careful. With an increasing number of organizations turning to managed security service providers (MSSPs), the risk of commoditization looms large. Parisi and Martin also discuss the challenges posed by the "fog of more" in the cybersecurity landscape, with an overwhelming number of security solutions available and a potential race to the bottom in pricing.

The conversation shifts to the role of stakeholders in preventing this downward spiral. Parisi argues that stakeholders have the power to save the industry, but only if they care enough and are adequately educated about the importance of cybersecurity. He believes that educating boards and business owners is crucial to creating more stakeholders with a genuine stake in the game.

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Guest:

Michael Parisi, Head of Client Acquisition at Schellman [@Schellman]

On Linkedin | https://www.linkedin.com/in/michael-parisi-4009b2261/

Resources

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