WatchGuard urges C-suite to act first in security battle

There’s a running joke in IT about the secret to getting the network security budgets they need: wait for a breach.

There’s a running joke in IT about the secret to getting the network security budgets they need: wait for a breach.

Naturally, that’s the most costly way for companies to address network security, because it’s too late.

According to Pricewaterhouse Coopers, 48 million cyber security incidents were reported in 2014, the worst costing more than a billion dollars in losses – far more than the cost of protecting networks properly in the first place.

To help IT professionals better present a case to the C-suite, WatchGuard Technologies has released a new eBook: How to Sell Infosec to the C-Suite: A Playbook to Build Your Case and Get your Budget.

According to the security vendor, this 7-step guide offers security professionals a “playbook” with tips such as: how to properly evaluate your company’s security position; best practices for scanning and identifying possible network weaknesses; and guidelines for successfully presenting your business case for resolution to the C-Suite.

“Hackers know companies are vulnerable because they struggle with the perceived cost and complexity of properly securing their networks,” says Richard Barber, chief financial officer, WatchGuard.

“Companies can no longer afford to wait for a breach to ensure their networks are prepared to face today’s cyber criminals.

“Our new guide helps organisations walk through the process of evaluating their security stance, putting these risks into business impact terms, and guiding them on how to successfully get buy off from executives or business unit heads.”

Barber offers his key tips to consider when presenting to the C-suite:

· Understand the executive’s level of technical proficiency

· Understand the organisation’s competing priorities

· Frame the discussion around organisational impact

· Provide a list of potential outcomes with an indication of probability and organisational impact

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