To achieve good security, you need to focus on business
by Michael Scheidell - CISO at Security Privateers - Monday, 29 July 2013.
Most IT security initiatives have taken their eyes off the ball. They focus on “prevent” when they should focus on “enable”.

We need to add real value to our company, showing that a properly run security and privacy group can reduce costs, increase customer and user satisfaction and drive revenue. We need to take some courses in finance and learn about CapEx and derivatives. We should live with the following six financial terms stapled to our foreheads (or at least on our screen savers): Bottom Line, Gross Margin, Fixed versus Variable Costs, Equity versus Debt, Leverage, and Capital Expenditures.

Once you understand the priorities of the CEO and CFO, you can prioritize security budgets. Now you have the advantage, because you understand both the security implications and the financial implications. If your security initiative breaks the bank, or makes people want to drive (to a competitor) rather than fly with you, you have failed.

Keep things in perspective; keep your eye on the ball. You can become the most important member of your firm’s executive management team if you can achieve this.

Spotlight

eBook: Cybersecurity for Dummies

Posted on 16 December 2014.  |  APTs have changed the world of enterprise security and how networks and organizations are attacked. These threats, and the cybercriminals behind them, are experts at remaining hidden from traditional security while exhibiting an intelligence, resiliency, and patience that has never been seen before.


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