Budget Justification
Setting a Cybersecurity Budget? Make Your Best, Risk-Informed Decisions. Prioritize Projects, Defend Your Decisions with Cost/Benefit Analysis.
Business Challenge
The budget decisions on a CISO’s agenda require the best data, the sharpest analysis, and the keenest eye on risk vs reward. Confidence comes from insights at the deepest levels–estimating the effectiveness of individual controls–up to the widest, aligning cybersecurity budget to the organization’s enterprise risk management. Safe delivers a suite of solutions to support the most challenging decisions in budget-setting, driven by AI and FAIR cyber risk quantification.
The Decision Support
CISOs Need
Capabilities enabled by cyber risk quantitative management (CRQM):
Justify previous year’s budget for ROI
Demonstrate cost vs benefit for new initiatives
Add, remove controls for quantified risk reduction
Evaluate cyber insurance coverage/premium reduction
Solution Highlights
Return on security investment estimations
Measure effectiveness of controls and controls systems
Model risk scenarios – adjust key variables for risk impact
Cyber risk reporting in business-friendly terms
Real-time data-driven visibility into risk posture
Related Resources
