Proving Value for Money from Cyber Investments
Fundamentally, IT has three purposes – speed things up, support decision making and bridge physical distance. That said, nothing
happens in a modern business environment, not a single process, not a single decision that does not somehow rely on IT.
Accordingly, the problem with pinning down the actual
ROI for an IT project and thus an IT security project becomes a problem of how to measure the relative value of speeding up and securing HR process and related data versus speeding up decision making for our Corporate Planning team. If the company has not defined any single method for comparing ROI across those disparate processes, how do you know what relative value will be created by focusing on one versus another?
The Solution
At IT2 we measure the probability of success for your cyber security capability and the financial impact of its performance.
IT2's Investment Prioritisation Tool Set measures:
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The unique probability of a cyber-breach for your organisation
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The strategic fit between an organisation's cyber security approach and it's operational goals
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The potential return from improving your cyber security capability per initiative
Our End-to-End Maturity Framework then pin points what actions need to be taken and provides financial and business-value reasoning to provide clarity on the appropriate order.
