Justifying security spend in an unsecure world

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Justifying security spend in an unsecure world
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within every organisation has to deliver to two primary mandates – ensure the company is secure and compliant, and that the C-suite remains on board with security expenditure. Neither is easy. Regardless of title, be it the chief information security officer to director of security to lead security engineer, the pressure of achieving these two mandates is intense.

“If the business understands the adversary, then it is far more likely to recognise the value of security investments and approaches,” says O’Reilly. “Right now, most companies are focused on strategic objectives such as agile transformation and cloud- or digital-first investments. This makes it even more critical that the business understands the importance of security, that they know the risks that come with networks, cloud platforms, as-a-service solutions, and more.

Perhaps one of the most strategic ways of putting security front and centre is to engage with a trusted third-party and ask them to verify and validate steps taken by the organisation to date to protect itself and the additional loopholes that may exist — to enter into the deepest vaults within the organisation and walk out with the proverbial crown jewels.

Once the organisation has clear steps in place, it’s far easier to get buy-in around budget, third-party involvement and security strategy — when LoB can see how security delivers a positive benefit across access, compliance and reputation, and how implementing a robust security policy can smooth over the bumps across silos.

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