I've been in infosec since the 90's. A lot of times I think this is on us. As much as I respect the technical acumen and creativity of my colleagues in the industry, I don't think we broadly understand risk that well and as a consequence we do a pretty bad job of communicating it. We tend to peg the panic meter with multiplied likelihoods and catastrophized impacts of possible scenarios while directly causing revenue losses by adding sometimes insane amounts of friction to the product delivery process.
That's not to say there aren't cowboy CxOs recklessly ignoring reality, but accepting risks is part of the job. The real answer generally lies somewhere in the middle of the two extremes.