Security News > 2021 > January > How to show an ROI on cybersecurity spends

It's not easy to justify cybersecurity spends based on financial gains.

One of the toughest jobs that cybersecurity professionals face is convincing C-suite executives there is an actual Return On Investment from cybersecurity spends.

If an internal inventory is out of the question, the article suggests that getting "A cybersecurity assessment from an independent security expert can help figure out what exists, where to start, and how to reach company goals."

"One of the core principles of effective cybersecurity budgeting is making sure the amount spent on cybersecurity does not outweigh the potential monetary impact a cybersecurity incident may have," writes the author.

SEE: How to handle cybersecurity amid a tight IT budget.

The article concludes by acknowledging there is no golden rule for cybersecurity spends.

News URL

https://www.techrepublic.com/article/how-to-show-an-roi-on-cybersecurity-spends/#ftag=RSS56d97e7