Perspectives on Budgeting for Cybersecurity
Cyberattacks have been grabbing headlines across the globe, resulting in an increased awareness of the threats and risk that cybercrime poses to a business. In response to this, businesses have increased cybersecurity-related spending.
Although everyone acknowledges its presence, we tend to have varying opinions on the importance of cybersecurity. In addition, we also struggle to answer questions such as:
How should we spend on cybersecurity?
What should we do when a hacker gets in?
How effective is our spending strategy?
How much is enough?
Sometimes, a slight change of perspective can provide the needed insight to solve a problem. In this paper, we will: