security business strategy

Minimizing CISO personal liability through end of year budgeting

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Minimizing CISO personal liability through end of year budgeting

As the end of 2024 quickly approaches and companies are scrambling to finalize fiscal year 2025 budgets, Chief Information Security Officers (CISOs) are tasked with balancing ever increasing cyber risks with limited budgets, all while facing potentially crippling personal liability if they fail to strike the right balance and a breach occurs. To minimize the potential risks to their organizations and their own personal well-being, there are a number of steps CISOs should consider taking…

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Balancing cost and protection: Budgeting physical security programs

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Balancing cost and protection: Budgeting physical security programs

Budgeting for physical security programs is a strategic balancing act between maximizing the safety of people and assets while keeping costs down and ensuring a good ROI on the program’s budget spend. As security program leaders, the role that budgeting plays is crucial to the success of the organization, providing both short- and long-term goals for not only operational investments, but capital investments that will move the needle for the security team. On the surface,…

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How IT leaders can balance software needs with limited budgets

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How IT leaders can balance software needs with limited budgets

Compared to previous years, IT SaaS app usage and spending are up in 2024. IT teams showed the highest average SaaS portfolio growth for 2 years running while spending is expected to grow by 15-20% annually, according to a recent report from Gartner. However, IT leaders should not expect their budgets to increase to meet this demand. In reality, most IT teams are juggling tight budgets due to a shaky economy and the challenges faced…

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