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Don't Slow Cybersecurity Spending: Steer into the Skid with a Tight Business Plan
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RyanSepe
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RyanSepe,
User Rank: Ninja
6/30/2020 | 10:57:01 PM
Interesting
This article was an interesting approach. I guess it truly depends on how the pandemic affected your business bottom line. There were many good points in here but it can be difficult to make a cybersecurity pitch if your revenue was adversly affected due to the pandemic.
Michelle McCarthy
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Michelle McCarthy,
User Rank: Apprentice
7/5/2020 | 11:13:47 AM
Re: Interesting
Agreed Ryan, it can be difficult. However, what I'm taking away from the article - and from what I understand of the landscape - is that strong cybersecurity brings with it significant business advantages, which should help make the case. Advantages that need to be pitched as absolute 'must haves' for business reslience and growth potential as we climb out from the current economic pause. Certainly, demonstrable commitment to cybersecurity makes an organization more attractive to do business with and therefore more competitive when it comes to tendering, winning contracts etc. 

The zero-based budget approach is an interesting one to me. Many organisations operate a complicated framework of legacy systems when it comes to cybersecurity. It's possible that by stepping back and re-engineering existing systems, savings could be made while at the same time bolstering security. Applying some zero-based scrutiny of systems already in place could kill two birds with one stone. 


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