Tag: IT spending

The challenges of ROI in IT security Over the last few months, I’ve had a number of conversations about the need to justify security spending. This year has been tough for a lot of organizations, so IT budgets are generally not growing. Plus, the money already allocated often had to be...

All too often, the C-suite sees IT security projects as supermassive black holes that absorb millions of dollars but don’t give anything in return except a vague sense of security. CISOs, on the other hand, know that a strong cybersecurity posture can do far more than reduce the likelihood of...

Since there is no such thing as 100% security, investments in it never seem to be enough. In regards to budgeting, the role of a CISO is to prioritize available resources based on the IT risks the organization faces and justify additional investments when needed to the executives. Easier said than...

Return on Security Investment (ROSI) quantifies how much loss an organization avoids through cybersecurity spending, making it possible to justify budgets and assess strategy effectiveness. Using quantitative risk analysis, ROSI factors in annualized loss expectancy, threat frequency, single...

Every business leadership team wants to see a return on its investments. From hiring valuable employees who deliver on projects to securing resources that allow those employees to do their jobs, every cost needs to have a purpose -- and investing in security software is no different. Why does...