Gartner Research

How to Manage and Defend Your Security Budget

Published: 30 September 2016

ID: G00264178

Analyst(s): Rob McMillan

Summary

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
  • Key Challenges

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

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