Commvault and TIME Launch Inaugural CISO of the Year Award to Recognize Cyber Resilience Leaders

Commvault (NASDAQ: CVLT) and TIME launched the inaugural TIME and Commvault CISO of the Year Award to honor enterprise Chief Information Security Officers who advance cyber resilience.

Rhea-AI Summary

Commvault (NASDAQ: CVLT) and TIME launched the inaugural TIME and Commvault CISO of the Year Award to honor enterprise Chief Information Security Officers who advance cyber resilience. Nominations run March 23–June 20, 2026. Finalists will be announced in July 2026 and the winner in September 2026.

The award emphasizes Resilience Operations (ResOps) and selection criteria including business outcomes, team collaboration, evidence-based readiness, and recovery-focused design.

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News Market Reaction – CVLT

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Key Figures

Nomination start date: March 23, 2026 Nomination end date: June 20, 2026 Finalist announcement: July 2026 +1 more

Nomination start date

March 23, 2026

Opening of CISO of the Year Award nominations

Nomination end date

June 20, 2026

Deadline for CISO of the Year Award submissions

Finalist announcement

July 2026

Commvault to announce award finalists

Winner announcement

September 2026

Winner named alongside TIME Executives of the Year: Tech & Data list

Historical Context

5 past events · Latest: Mar 18

5 events

1. Mar 18

   Threat Scan expansion

   24h Move

   +0.5%

   Expanded Threat Scan with layered detection and no added cost to customers.

2. Mar 18

   AI data governance

   24h Move

   +0.5%

   Extended Commvault Cloud to structured and AI data with real-time governance.

3. Mar 17

   RSAC 2026 presence

   24h Move

   +0.1%

   RSAC 2026 ResOps showcase with demos, sessions, and partner events.

4. Mar 05

   CloudSEK integration

   24h Move

   +0.5%

   Integrated Dark Web Credential Intelligence into identity threat assessments.

5. Mar 05

   Okta identity resilience

   24h Move

   +0.5%

   Extended Identity Resilience to Okta for automated recovery of identity assets.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

chief information security officers, ciso, resilience operations

3 terms

chief information security officers technical

"Award will spotlight Chief Information Security Officers (CISOs) redefining cyber resilience"

A chief information security officer is the executive who leads a company's protection of digital assets, networks, and sensitive data — like a head of security for the business’s computer systems. Investors care because effective leadership here reduces the chance of costly breaches, regulatory fines, business interruptions, and reputational damage, all of which can materially affect a company’s financial performance and long‑term value.

ciso technical

"Award will spotlight Chief Information Security Officers (CISOs) redefining cyber resilience"

A CISO (Chief Information Security Officer) is the senior executive responsible for protecting a company's digital information and systems from theft, loss, or unauthorized access. Think of the CISO as the head of security for the company’s digital vaults: they set policies, oversee defenses, and coordinate responses to cyberattacks. Investors care because effective cybersecurity reduces the risk of costly breaches, regulatory fines, operational disruption, and reputational damage that can materially affect a company’s value.

resilience operations technical

"They embrace critical practices and emerging disciplines, including Resilience Operations (ResOps)"

Resilience operations are the practical actions and systems a company uses to keep critical functions running during shocks—like cyberattacks, supply disruptions, natural disasters, or sudden regulatory changes. Think of it as the company’s emergency plan, backup systems, and rehearsed responses that limit downtime, financial loss and reputational damage; investors care because strong resilience reduces the chance of sudden earnings hits, costly recoveries, or regulatory penalties.

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Award will spotlight Chief Information Security Officers (CISOs) redefining cyber resilience in an era of relentless threats

TINTON FALLS, N.J., March 23, 2026 /PRNewswire/ -- Commvault (NASDAQ: CVLT), a leader in unified resilience at enterprise scale, and TIME today announced the launch of the inaugural TIME and Commvault CISO of the Year Award. The branded award, selected by Commvault and a panel of industry experts, recognizes enterprise security leaders who are not only defending against cyber threats but redefining resilience in an increasingly complex threat landscape.

As cyber threats intensify and regulatory pressures mount amid accelerated cloud and AI adoption in the enterprise, CISOs operate under immense pressure – balancing board accountability, regulatory compliance, and evolving threats. Today's security leaders are accountable not just for prevention, but for ensuring rapid recovery and business continuity, working in tandem with other members of the C-suite, including the CIO. To read more about the evolving role of the CISO, explore Chief Security Officer at Commvault Bill O'Connell's perspective on TIME.com.

The CISO of the Year Award recognizes leaders who are transforming cybersecurity into a driver of trust, operational strength, and long-term resilience. They embrace critical practices and emerging disciplines, including Resilience Operations (ResOps), which is rapidly becoming a core discipline for modern enterprise security. ResOps unites operations, security, and infrastructure teams around critical services, resilient design, and continuous validation, helping organizations better withstand disruption, recover within defined impact tolerances, and prove it with evidence.

"As cyber threats grow in frequency and sophistication in today's AI-enabled, cloud-first world, the role of the CISO has evolved into one of the most consequential leadership positions in the enterprise," said Bill O'Connell, Chief Security Officer, Commvault. "Through this award with TIME, we are proud to recognize the CISOs who are embracing a modern ResOps framework and shaping the future of cyber resilience."

"CISOs are among the most consequential leaders in enterprise today," said Mark Howard, Chief Operating Officer of TIME. "This partnership with Commvault is an opportunity to shine a light on the security leaders who are protecting their organizations and building a more resilient future."

Nominations for the CISO of the Year Award will be accepted by Commvault from March 23 through June 20, 2026. Submissions will be reviewed by a panel of industry experts. The panel and Commvault will choose finalists and the winning CISO of the Year based on pre-defined criteria.

Criteria and Methodology 
Nominees must:

• Hold a CISO or equivalent C-level security leadership title
• Be employed in this capacity at the time of nomination
• Demonstrate leadership aligned with ResOps principles

Finalists and the winner will be selected based on the following criteria:

• Business Outcomes over Technical Defense: Ensuring security is a core enterprise capability, prioritizing the continuity of services that customers depend on most.
• Teams over Siloes: Bridge-builders who inspire security and IT teams to act as one, recognizing that true resilience demands a unified front.
• Proof over Promises: Building confidence through action – constantly pressure-testing their organization so when an attack or disruption hits, they are prepared.
• Readiness over Perfection: Designing for disruption, focusing on the ability to recover fast, rather than chasing flawless systems.
• Confidence over Fear: Turning resilience into a strategic advantage, giving their organization the freedom to innovate and embrace new technologies like AI without increasing fragility.

Finalists and Announcement of the Winner
Finalists will be announced by Commvault in July 2026. The winner will be announced by Commvault and TIME in September 2026 to coincide with TIME's inaugural Executives of the Year: Tech & Data list.

For more information and to enter a nomination for the CISO of the Year Award click here.

About Commvault
Commvault (NASDAQ: CVLT) is a leader in unified resilience at enterprise scale. In a constantly evolving threat landscape, Commvault keeps customers ready by unifying data security, identity resilience, and cyber recovery, on one cloud-native, AI-enabled platform. Customers trust Commvault to conduct the fastest, most complete recoveries – not just their data, but their entire business. Purpose-built for the agentic enterprise, Commvault also enables organizations to safely embrace AI while protecting against AI-driven threats.

About TIME
TIME is the 103-year-old global media brand that reaches a combined audience of over 120 million around the world through its iconic magazine and digital platforms. With unparalleled access to the world's most influential people, the trust of consumers and partners globally, and an unrivaled power to convene, TIME's mission is to tell the essential stories of the people and ideas that shape and improve the world. Today, TIME also includes the award-winning branded content studio and Emmy Award®-winning film and television division TIME Studios; a significantly expanded live events business built on the powerful TIME100 and Person of the Year franchises and custom experiences; TIME for Kids, which provides trusted news with a focus on news literacy for kids and valuable resources for teachers and families; and more.

View original content to download multimedia:https://www.prnewswire.com/news-releases/commvault-and-time-launch-inaugural-ciso-of-the-year-award-to-recognize-cyber-resilience-leaders-302720264.html

SOURCE COMMVAULT

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the TIME and Commvault CISO of the Year Award and who is eligible (CVLT)?

The award recognizes enterprise CISOs redefining cyber resilience and ResOps. According to Commvault, nominees must hold a CISO or equivalent C-level security title and be employed in that role at the time of nomination.

When can nominations for the CISO of the Year Award (CVLT) be submitted?

Nominations are open from March 23 through June 20, 2026. According to Commvault, submissions received in that window will be reviewed by a panel of industry experts for finalist consideration.

How will Commvault and TIME select finalists and the winner for the CISO award (CVLT)?

Selection is based on predefined criteria prioritizing business outcomes, team collaboration, and proof of readiness. According to Commvault, a panel and Commvault will evaluate nominees against ResOps-aligned measures.

When will finalists and the winner of the CISO of the Year Award (CVLT) be announced?

Finalists will be announced in July 2026 and the winner in September 2026. According to Commvault, the winner announcement will coincide with TIME's Executives of the Year: Tech & Data list.

What qualities do Commvault and TIME emphasize for the CISO of the Year Award (CVLT)?

They emphasize ResOps, continuity, and evidence-based recovery over perfection. According to Commvault, judges look for business-aligned security, cross-team collaboration, and continuous validation of resilience.