In this episode, I sit down with a friend and ex-CIA Officer turned Cybersecurity leader, Ross Young over at
.We will be unpacking the topic of mastering the cybersecurity budget. This includes examining whether most cyber budgets are wasted, determining where and how to make investments, justifying spending, and more.
Don’t miss this chance to delve into an often-overlooked subject that many Cybersecurity leaders struggle with.
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Ross and I touched on a lot of great aspects of cybersecurity budgets, including:
Why the topic of cybersecurity budgets is often neglected among the hype around AI, tech and cybersecurity tools.
A provocative piece Ross recently wrote, laying out why and how most cybersecurity budgets are wasted, and what leaders can do to actually ensure return on security investment (ROSI).
How most CISO’s fail to look at material risks, relevant threats and measure progress when it comes to cybersecurity budgets and spending, and steps they can take to fix it.
The topic of point products or best of breed vs. platforms and where security leaders can drive both efficiencies and reduced risk, as well as tap into best of breed products when appropriate.
How to communicate about cybersecurity budgets and spending with non-cyber peers such as CFO’s and the board.
The risk of cybersecurity tool sprawl both from a financial and budgetary perspective as well as from a cyber risk perspective and how to rationalize a cyber portfolio.
Ross’s upcoming book “Cybersecurity’s Dirty Secret: Why Most Budgets Go to Waste”.
Ross also recently launched a virtual course titled “Master the Budget Game in Cybersecurity”. It includes 8 hours of CPE’s, 30 bite-sized modules, and downloadable templates. The course is currently 50% OFF, so I recommend checking it out now!
