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Cybersecurity Strategy and Budgeting

Cybersecurity Strategy & Budgeting Guide

By Stephen Murphy | Security, Trending Topics | Comments are Closed | 1 November, 2017 | 0

Join ARG as we evaluate the threats to your business and the cost of addressing them.

87% of C-suite executives and Board Members do not have confidence in their company’s level of cybersecurity. (Ernst & Young)

How can your executives be among the 13% that do trust in their cybersecurity program? The answer may be easier than you think. Like any program (such as a program of study, an exercise program, or a computer program), there is a specific course of action info tech leaders must take to ensure a robust cybersecurity profile. No one can guarantee absolute success, but a well-honed security strategy will increase your odds of defending against outside threats, avoiding malicious or accidental errors from internal staff and ensuring recovery from an event should one occur, overall reducing your risk.

Senior management is more focused than ever, and their focus is increasing around security and compliance issues. They understand that the business and their careers could be at risk by failing to properly protect the organization and clients. Financial leadership is realizing that the cost of security failures extend well beyond what cyber incident insurance might cover.

We speak to over 1,000 IT leaders every year. We see varying levels of security. Those with more robust platforms typically manage many solutions and attempt to orchestrate the platforms and ensure adequate coverage – frequently to the point of exhaustion. Across all levels, we see a high degree of frustration and even confusion on what more they can do, how do they choose what is right for their organization and how much it will cost.

Over the next several weeks, ARG will address these concerns. We will review and evaluate specific cybersecurity components and identify a course of action designed for medium-sized businesses. Not only will we provide a roadmap for evaluating IT security threats and issues, but we will address the cost of the solutions and how you might go about evaluating strategic and vendor alternatives.

Our program is outlined as follows:

Module 1: Evaluating the Current State – Knowing Where You Stand

  • Active Threat Assessment
  • Security Assessment
  • Penetration Testing
  • Compliance Evaluation

Module 2: Security Strategy Development – Identify Where You Need to Go

  • Constructing Priorities
  • Develop Your Road Map

Module 3: Pieces to the Puzzle – Align Your Resources

3.1 Protection

  • Intrusion Defense Systems (IDS) and Intrusion Prevention Systems (IPS) 
  • Perimeter and Endpoint Protection
  • Data Protection
  • Distributed Denial of Service (DDoS) Protection

3.2 Management & Tools

  • SIEM & Log Management
  • Human Factors/Internal Threats & Security Policy and Training
  • Governance and Compliance

3.3 Insurance

  • Disaster Recovery and Backup
  • Redundancy

3.4 Managed Services

  • Managed Security and Compliance
  • Chief Security Officer
  • Security in the Cloud

Module 4: Budgeting – How to Price Safety and Maximize Your Return

Module 5: Incident Response

Module 6: Keep Current, Stay Safe – Your Security Team

Take a deep breath. We are going on a long, but consumable journey together. At the conclusion, you will know what to do, what it will cost and where to go for help achieving your objectives.

Subscribe coworkers you feel can also benefit from this series here.

Stay on the lookout for our first installment – our first stop on the map: evaluating the current state– in the days to come.

Of course, if you can’t wait. If you have an immediate need, you can contact ARG directly at 703-770-2400 or at info@myarg.com.

ARG works objectively with over 350 service providers across disciplines, including: security, cloud computing, backup and recovery, unified communication as a service, mobility, conferencing and collaboration, data center, bandwidth and voice and data networks. We can find the right service provider to meet any need. As always, our consulting is free of charge.

Your business runs on technology. Protect your business.

Security

Stephen Murphy

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