Getting More From Your Cybersecurity Investments
Organizations today are adopting new and emerging technologies faster than they can address the security issues these technologies create. Despite the increased challenge of managing risk and cyber threats, investments in cybersecurity are decreasing. Security managers are being asked to do more with less, and organizations want clearer demonstration of ROI on the cybersecurity investments they’ve already made. In this environment, it’s essential for security leaders to get more from their existing investments, to rethink traditional methods of mitigating risk, and to automate tasks wherever possible.
Bitsight for Security Performance Management can help. With a suite of solutions that provides data-driven insight, context, and visibility, Bitsight provides everything you need to enrich the security data you’re already collecting and maximize ROI on your cybersecurity investments.
Three Ways to Improve ROI on Cybersecurity Investments
There are three critical steps you can take to get more from the cybersecurity investments you’ve already made.
Remediate gaps within your existing tech stack
Cybersecurity threats play out today faster than ever. New vulnerabilities are constantly being exploited and attacks can escalate very quickly. As your attack surface grows, it’s essential to remediate any cybersecurity gaps such as unpatched systems or open ports that can lead to a breach or security incident. Gaining visibility into gaps such as shadow IT is critical to address potentially major threats to business operations. As your digital footprint expands, you need tools to discover these hidden assets, evaluate their risk, and bring them into line with corporate security policies. A proactive approach is essential – falling behind on implementing security updates or patching can lead to vulnerabilities that can be easily exploited.
Automate risk discovery and assessment processes
Traditional security processes are based on a reactive, tactical, alert-based methodology. In this approach to cybersecurity, teams are often inundated with alerts, including many false positives, that result in excessive escalation, delays in time-to-response, wasted manpower hours, and the potential for threats to slip through the cracks. By automating security practices, teams can shift to a more proactive, strategic, risk-based approach to security performance management. By prioritizing remediation efforts based on areas of highest risk, security teams can accomplish more with fewer resources.
Make strategic, data-driven decisions
With your digital ecosystem expanding even as your cybersecurity budget is shrinking, it’s essential to prioritize cybersecurity investments and resources for greatest impact. Data is the key to making more informed security decisions and ensuring you’re spending your security dollars effectively. To get the most out of your limited resources, you need data and metrics that deliver superior visibility into the performance of your security programs and insight into the risks across your ecosystem. Armed with the right intelligence and cyber security reports, you can identify paths to reduce cyber risk, better allocate resources, and meet rapidly changing standards for cybersecurity programs.
