Today many CIO’s are witnessing their Information Security budgets being slashed, their projects being postponed, and their IT departmental employee levels being down-sized.
Beyond the pressures of our economic downturn, we believe that too many CIO’s are still struggling to articulate the real and measurable value of their security programs and thus better justify their information security budgets to their Board of Directors or executive managment leaders in charge of risk management. Too often the reason for that struggle is that not enough attention is being paid to communicate real value and measurable dollars in those presentations to upper management.
A recent article written by Khalid Kark, a contributing writer to Computerworld, offers a way for those CIO’s to make a better business case presentation to their executive risk management teams, and, also other senior level executives and directors. Depending on the particular needs, this article offers a detailed discussion and value-added approach to five (5) categories that make the case for continued investment in an organization’s information security program(s) — e.g. revenue, reputation, regulation, resilience and recession.