Build, Optimize, and Present a Risk-Based Security Budget

  • ID: 4457591
  • Report
  • 81 pages
  • Info-Tech Research Group
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Get the Budget You Deserve
Security budgets are unlike other department budgets. Increases or decreases in the budget can drastically affect the organizational risk level. The methodology moves you away from traditional budgeting into a risk-based budget that is designed to be as dynamic as your business growth model. The research wants you to build a risk-based security budget. With this approach, you will look at how different security controls change the overall risk level of the organization, while also examining the effectiveness of the controls themselves. This will allow your budget to evolve with the business growth model and still ensure that you are providing the correct level of security. The process will make it easier to discuss security with the business and ensure they understand what the true value of mitigation is.

Security is no longer considered optional. Demonstrate how security is now the regular cost of doing business. This Blueprint methodology will help you move away from the traditional budgeting approach to build a budget that is designed to be as dynamic as the business growth model. This product will provide the research and a security budget Excel tool to help IT professionals review requirements for the budget, build the budget, and lastly present the budget.
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