Cost-Optimize Your Security Budget

Improve the cost-effectiveness of your security program.
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Major Business Pain Points

  • Security budgets have been slashed and security teams needs to do more with less.
  • Mitigating risk is still the top priority, however there is a greater need to reassess effectiveness and efficiency to ensure we are getting the greatest level of protection for the least amount of money.
Cost-Optimize Your Security Budget-Pain Points

Recommendations

Key Points

A cost-optimized security budget is one that has the greatest impact on risk for the least amount of money spent.

Approach

Cost-Optimize Your Security Budget-Recommendations
  • Focus on business need and related risks, review the risk reduction efficacy of your people, processes, and technology, justify what can be cut and what must stay
  • By the end of this blueprint, you will have a cost-optimized security budget along with an executive presentation to explain your revised spending.
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Methodology and Tools

Executive Brief

Read the concise Executive Brief to find out why you should cost-optimize your security budget and review the methodology.

  • Cost-Optimize Your Security Budget – Executive Brief
  • Cost-Optimize Your Security Budget – Phases 1-3

1. Cost-optimize your technology and managed services

This phase will help you assess the efficacy of your current technology and service providers.

  • Threat and Risk Assessment Tool
  • In-House vs. Outsourcing Decision-Making Tool

2. Cost-optimize your staffing

This phase will help you assess if layoffs are necessary.

  • Security Employee Layoff Selection Tool

3. Cost-optimize your security strategy

This phase will help you revise the pending process-based initiatives in your security strategy.

  • Security Cost Optimization Workbook
  • Security Cost Optimization Executive Presentation

All resources on this page are provided to Cyber Leadership Hub members under license from third parties including Info-Tech Research Group Inc, a global leader in providing IT research and advice.