7 Ways to Cut Cybersecurity Costs Without Compromising Security
1. Right-Size Your Cloud Infrastructure
For example, the FinOps engineer determined that AuditBoard had overprovisioned servers in one of its cloud providers – extra servers that the company was paying to have and paying to secure. Marcus says having this position quickly paid for itself, noting that AuditBoard has seen a return of 10 times the investment.
2. Enlist Employees to Become Security Champions
One way to cut costs is to reduce the number of problems that need security’s attention. To do that, Jimmy Sanders, president of ISSA International and until early 2024 head of security at Netflix DVD, advises CISOs to create a security champions program.
What is a Security Champions Program?
The program enlists workers throughout the business, and particularly in IT, to receive some security training that they can bring to their everyday roles and their teammates, thereby boosting a better security culture for the organization, he says.
How Does a Security Champions Program Cut Costs?
This cuts security costs in a few ways, Sanders says. The security champions can help with basic security needs as part of their day-to-day work, saving the security department time and boosting its efficiency as a result.
The improved security culture means workers are more attentive to risks and cyber threats and, thus, less likely to fall victim to them; that reduces the number of incidents, eliminating the costs of response. Security champions are more likely to loop security into business needs, and to do so early in work and project cycles, when injecting security requirements and security work is not only more effective but less costly to do.
FAQs
Q: What is the primary goal of a security champions program?
A: The primary goal of a security champions program is to reduce the number of problems that need security’s attention by enlisting employees to become security champions and promote a better security culture throughout the organization.
Q: How does a security champions program help cut security costs?
A: A security champions program helps cut security costs by reducing the number of problems that need security’s attention, which in turn reduces the costs associated with incident response and boosts the efficiency of the security department.
Q: What are the benefits of a security champions program?
A: The benefits of a security champions program include improved security culture, reduced costs, and increased efficiency. With a security champions program, employees are more attentive to risks and cyber threats, and the organization is better equipped to prevent and respond to security incidents.
Q: Is a security champions program effective in reducing security costs?
A: Yes, a security champions program is an effective way to reduce security costs. By enlisting employees to become security champions, organizations can reduce the number of problems that need security’s attention, which in turn reduces the costs associated with incident response and boosts the efficiency of the security department.
Conclusion
In conclusion, cutting cybersecurity costs without compromising security is possible with the right strategies and approaches. By right-sizing cloud infrastructure, enlisting employees to become security champions, and implementing other effective measures, organizations can reduce their cybersecurity costs while maintaining or even improving their security posture.
