Gartner Information Technology Research

Optimize Risk, Value and Cost in Cybersecurity and Technology Risk

Published: 12 February 2020

ID: G00466056

Analyst(s): Paul Proctor

Summary

Cybersecurity should balance the needs to protect against the needs to achieve desired business outcomes. CIOs can attain this balance by optimizing risk and value in a business context through the lens of key stakeholder needs.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Optimize Cybersecurity Priorities and Investments for Risk, Value and Cost
  • The RVC Optimization Decision Model for Cybersecurity
    • Assessment Targets in Cybersecurity
    • The Value Dimension
    • The Risk Dimension
    • The Cost Dimension
    • The Risk Optimization Zone
    • Stakeholder Credibility and Defensibility
    • Business Context
    • Determining Cost
    • Assessing Value
  • Using the Model
    • Step by Step
    • Assessing Cybersecurity Risk
    • Identifying Stakeholders in Cybersecurity
    • Factors Influencing Credibility and Defensibility

Case Study

Gartner Recommended Reading

  • Invest (Upper Left)
  • Cut (Lower Right)
  • Opportunity (Lower Left)
  • Manage (Upper Right)

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client

Learn how to access this content as a Gartner client.