How to Manage and Defend Your Security Budget

Foundational Refreshed: 05 March 2018 | Published: 30 September 2016 ID: G00264178


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Many boards now have a clear focus on information security risks. This is not always reflected across the broader organization. Security and risk management professionals must manage and defend security budgets to meet stakeholder expectations of protection.

Table of Contents

  • Introduction
  • Analysis
    • Go Much Deeper Than Average Spending Figures to Formulate Security Budgets
    • Demonstrate to Your Peers Your Understanding of the Needs of the Business and Your Proficiency as a Risk Manager, and Continually Market the Benefits of the Security Program and Your Business Focus
    • Use a Strong Governance Approach to Inform and Agree on Priorities, and to Develop Realistic and Reasonable Budget Requirements
    • Orient the Security Program to Direct Sufficient Energies to Countering Likely Threats and Protecting Vulnerabilities, as Well as Adapting to Regulatory Changes
    • Identify the Functions Necessitated by the Organization's Specific Requirements to Discern What Work Must Be Done Internally and What Could Be Done by External Labor
  • Gartner Recommended Reading
© 2016 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartners research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

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