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SecurityScorecard Enables Organizations to View Risks and Measure the ROI of Security Investments in the Midst of Turbulent Economic Times

SecurityScorecard announced it has launched a series of resources designed to help organizations navigate increased scrutiny of budgets and ensure that security efforts get the funding needed to support the business. 

The content and tools will make it easier for organizations to realize and demonstrate the return on their security program. 

Economic uncertainty is affecting organizations across industries. While expenditures are being scrutinized, cybersecurity budgets are no exception, and bad actors often take advantage of these turbulent times. Therefore It's more important than ever for security leaders to articulate the value of their security and vendor risk management programs and effectively communicate clear ROI for technology investments. 

The resources include the ebook 5 Ways to Secure Your Organization In Turbulent Times, and SecurityScorecard's Return on Investment (ROI) Calculator, a free high-level estimate of the Total Economic Impact of SecurityScorecard. The Interactive calculator will help organizations understand the Total Economic Impact of SecurityScorecard's holistic security rating platform. 

The SecurityScorecard calculator is based upon the Forrester Consulting study, The Total Economic Impact of SecurityScorecard, commissioned by SecurityScorecard. Working with SecurityScorecard customers, Forrester identified and quantified key benefits of investing in SecurityScorecard's integrated approach to managing cybersecurity risk, including: 

  • Increased efficiency in risk management
  • Technology efficiencies and consolidation
  • Improved security posture

"Organizations around the world are facing challenging financial climates, putting enormous pressure on CISOs to communicate value to their boards and leaders," said Aleksandr Yampolskiy, CEO and co-Founder, SecurityScorecard. "Threat actors take advantage of turbulent times when staffing and resources tighten. The faster your team can prove value and justify your investments, the faster you can address your most critical issues." 

In addition to the ROI calculator, SecurityScorecard is also helping organizations improve the ROI of their security programs by giving them the ability to: 

  • Achieve faster time to value by automating cybersecurity processes
  • Quantify risk in financial terms to the board and test different scenarios of potential impacts
  • Develop key metrics that the board cares about for defining, understanding, and quantifying cybersecurity threats
  • Set automated alerts and rules to prevent missed issues within the organization and any of its third-party vendors.
Published Monday, September 19, 2022 1:22 PM by David Marshall
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