Cybersecurity: an endeavor that is more trouble than it is fun. You spend a lot of time and money trying to protect your own company and its data, employees, customers, and possibly other companies in your supply chain, but in the end, you never know if it was enough.
Cybersecurity expenditures and benefits must be evaluated based on data-driven analysis, which means finding the point at which such a financial commitment pays off. The key question is: Is it worth investing in cybersecurity at all? Would it not be wiser to focus resources on the most important threats and increase efficiency by using “magical” technologies?
This white paper examines whether cybersecurity is worth the cost and what the costs are if it is poorly implemented. You will read about cybersecurity’s economic and business relevance and whether it can be limited to certain areas. You will learn why not only technology, but also processes, training, and awareness are critical to effective cybersecurity. You will learn how to optimize the triangle of people, technology and processes in terms of costs and benefits.
The topics and issues covered in this white paper include:
- Paranoia meets realism: How much cybersecurity do we really need?
- Results of a survey: IT Security spending in Germany
- The effort and cost of protecting against digital phantoms
- Digression: Supply Chain Risk and Investment Implications
- Shielding from the reality of digital madness: costs/benefits
Simply register to receive a free PDF download of this whitepaper and its slightly different view on investing in cybersecurity!