Cybersecurity Economics: While difficult to calculate the ROI of security controls, the damage caused by its absence can be catastrophic. Organizations must:
– Balance the critical drivers for installing effective security controls in an organization: cost, time and resources required for implementation, maintenance and a regular review cycle.
– Target the controls at People, Processes, and Technology as the critical parameters determining the design and operational effectiveness of the security controls.
Here’s our view on:
・ Security control costs
・ Implementation time
・ Resource requirements
・ Review frequency of control logs and configurations
While there is no fit-for-all approach as customization will be required based on strategic goals, risk tolerance, budget, organization size, user and site spread, and business complexity－our suggested approach to implementing an effective security controls program is universal.