Jump To Close < Back to the full 2027 report on Top Risks Transform, protect, respond: The CIO's mandate in an era of disruption 5 min read 2027 Executive Perspectives on Top Risks and OpportunitiesCIOs and CTOs are no longer just guardians of technology. They're expected to drive growth, enable innovation, strengthen resilience and position the organization to respond to continuous disruption. Protiviti's 2027 findings show AI creating new opportunities for efficiency and insight while exposing gaps in workforce readiness, data quality, governance and legacy technology. Cyber threats are increasing, and confidence in responding to change with agility is declining. In this environment, technology priorities are now business priorities. Read the CIO and CTO brief to see how technology leaders are working to transform, protect and respond without trading one for another.Explore the 2027 insights for technology teamsWatch the 2027 webinar on-demand Where technology leaders see the greatest growth opportunities over the next two to three yearsTechnology leaders see growth coming from connections, not technology alone. Ecosystem development was one of the few areas of priority, as CIOs focus on linking platforms, data and talent across partnerships while balancing expansion with data sovereignty and cross-border privacy rules. 73 % see revenue potential as an opportunity 71 % see opportunity in ecosystem development 54 % see opportunity in geographic expansion Explore featured solutions and industries Explore services that help technology leaders modernize the enterprise, scale AI and strengthen resilience. Artificial Intelligence (AI)Prioritize, build and embed AI in real workflows, with governance, security and change enablement that move AI from pilots to measurable business results.Learn more CybersecurityProtect data and critical assets across every layer of the organization, from cloud and identity to incident response, so innovation stays secure.Learn more TechnologyModernize infrastructure and applications across cloud, ERP, data and cybersecurity, connecting technology strategy to execution when legacy systems limit growth.Learn more Operational ResilienceStrengthen resilience across business, technology, cyber and third-parties, with continuity planning and scenario testing to withstand disruption and recover.ZaLearn more Artificial Intelligence (AI)Prioritize, build and embed AI in real workflows, with governance, security and change enablement that move AI from pilots to measurable business results.Learn more CybersecurityProtect data and critical assets across every layer of the organization, from cloud and identity to incident response, so innovation stays secure.Learn more TechnologyModernize infrastructure and applications across cloud, ERP, data and cybersecurity, connecting technology strategy to execution when legacy systems limit growth.Learn more Operational ResilienceStrengthen resilience across business, technology, cyber and third-parties, with continuity planning and scenario testing to withstand disruption and recover.ZaLearn more Previous Article Next Article Get more Top Risks insights Discover our full catalog of insight briefs for additional research findings and expert commentary related to the 2027 report on Top Risks and Opportunities. Insights by industry Insights by organizational role Insights by industry Aerospace & Defense CPG & Retail Energy & Utilities Financial Services Healthcare Higher Education Manufacturing & Distribution Private Equity Non Profit Technology, Media & Telecommunications Insights by organizational role Finance Teams Information Security Teams Internal Audit Teams Operations Teams FAQs + EXPAND ALL What are the top risks for CIOs and CTOs in 2027? + Cyber threats lead at 3.75 on a five-point impact scale, followed by disruptive innovation (3.57), economic conditions (3.53), privacy compliance (3.50) and AI implementation (3.48). Every one rose from 2026, with privacy and disruptive innovation climbing the most. Rather than creating entirely new risks, AI is amplifying existing ones around cybersecurity, privacy, regulation, workforce readiness and data. How are CIOs prioritizing technology modernization as legacy IT becomes a top enterprise risk? + CIOs are prioritizing modernization because legacy architecture has become a barrier to scaling AI. Infrastructure modernization rose to 35% as a top investment priority, up from 30%. Older systems may support isolated AI pilots, but scaling breaks down when they cannot support real-time data access, integration across siloed systems, elastic computing capacity, and secure, automated interactions among applications, models and agents. For CIOs, modernization is now about building an architecture capable of supporting enterprise AI. How are CIOs prioritising technology modernisation as legacy IT becomes a top enterprise risk? + CIOs are prioritising modernisation because legacy architecture has become a barrier to scaling AI. Infrastructure modernisation rose to 35% as a top investment priority, up from 30%. Older systems may support isolated AI pilots, but scaling breaks down when they cannot support real-time data access, integration across siloed systems, elastic computing capacity, and secure, automated interactions among applications, models and agents. For CIOs, modernisation is now about building an architecture capable of supporting enterprise AI. Where are CIOs investing to strengthen cybersecurity and resilience? + Cybersecurity is technology leaders' top investment priority at 55%, up from 42%, and cyber threats remain their top near-term risk at 3.75, up from 3.58. Advances in frontier AI models are creating new attack capabilities that compress already short reaction times, which increases the importance of core disciplines like identity, access and vulnerability management. Only 46% of technology leaders report high confidence in their ability to protect the enterprise. What are CIOs' top priorities for getting value from AI? + 45% rank integrating AI with existing technologies, processes and the workforce as a top priority, followed by equipping the workforce (43%) and securing the data used to train or run AI models (37%). The focus has moved from deploying AI to governing and integrating it. AI also tends to amplify existing strengths and weaknesses, exposing gaps in security, data governance and operational maturity that CIOs need to close. How confident are CIOs that they can transform, protect and respond? + 51% are highly confident they can transform the enterprise, but that drops to 46% for protecting it and 42% for responding with agility. Transformation follows a defined roadmap; responding to the unexpected requires fast coordination across technology, security, operations, legal and business leaders. Advances in frontier AI models are also creating new attack capabilities that compress already short reaction times. Connect with us Kim Bozzella Kim Bozzella, Global CIO Solutions Leader, is focused on advising technology executives on their most critical priorities, including technology strategy and architecture, enterprise platforms, data and analytics, operating model evolution, and IT value realization. ... Learn More Subscribe to our thought leadership Get exclusive access to more content and insights to help you stay ahead. Sign up ✕ Scroll to top Introduction Featured solutions and industries More Top Risks insights FAQs Connect with us