Tag: IT spending
December 28, 2020 |
ROI: Expert Tips for Justifying Security Investments
Justifying security investments requires balancing technical insight with business language. ROI in cybersecurity rests on four pillars: operational cost savings, regulatory compliance, risk reduction, and business opportunity. While cost and compliance can support the case, true value comes from...
December 18, 2018 |
4 Questions CISOs Can Use to Get Executive Buy-in
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...
December 11, 2018 |
Three Steps to Justify an Investment in IT Security
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...
August 7, 2018 |
How to Calculate Return on Security Investment
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...
May 30, 2016 |
ROI Calculator: Evaluate Efficiency of Investment in Security Software
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...