Defending Security Amid Budget Tightening - 4 Approaches

Many predict 2008 will produce the tightest economicbe an evolving area, and another source may be
conditions since the dot-com bust at the beginning ofwhat you can learn from your personal relationships.
the decade. The subprime meltdown and theSeek out others within your industry and find out
tightening credit markets will mean most CIOs willwhat metrics they are using and what they are
feel the downward spiral of the economy rightspending as a percentage of their IT budget and.
where it hurts -- in their IT budgets.Risk tolerance is specific to each organization, but
Unfortunately, this also coincides with the mostthere are similarities within industries that could prove
serious threat environment security professionalsto be helpful.
have faced. Hacker's tactics are becoming more3. Learn from other areas in your company. Many
targeted. The increase in the number and businessprocess-oriented disciplines can be a good area as a
importance of web applications is generating additionalproxy for the type of evolution facing security --
enterprise risk. Budgets may get tight, but yournetwork operations can be a good example. In the
responsibility remains the same: minimize risk.early days of network operations, the only scrutiny
It's a tall order in the face of possible spendingcame if things weren't working correctly. Over years
cutbacks, but because budgets are tight you have toit has matured to a level of operational metrics for
be focused on how to best reduce risk and ituptime and performance, and is embedded in
definitely doesn't mean less attention on security. Inquarterly and annual performance goals. These
fact, at times like these that may be the biggestmetrics allow a continuous cycle of performance,
mistake. The highest levels of an organization aremeasurement and improvement. In addition, network
asking their CIOs "how do we know we're secure?"operations can provide an important lesson of single
The only way you will know that is by understandingsolution economies of scale. Find solutions that work
the risks, better understanding the ROI, and how itacross your entire enterprise-this is the only way to
fits into not only your other IT priorities but alsoget economies of scale in implementation and ensure
adds to the company's bottom line. Defending theyou get the critical enterprise-wide risk information
security budget is always a challenge, but here arethat can deliver the metrics you need.
four approaches that can help.4. Take steps to automate your compliance process.
Are you compliant and can you routinely deliver the
1. Metrics make the most compelling argument. Askreports that auditors request? The economic benefits
yourself this question: Is your security risk going upthat come from doing this correctly are significant.
or down over time and what is impacting it? This isAudit costs are directly related to how complicated it
baseline data that every organization needs andis to audit and prove the integrity of a business
should be on track to monitor. If you cannot answerprocess, so finding a way to save the auditors' time
this clearly, realign your projects and priorities tois one of the single biggest opportunities to drive
make sure you can get this information on andown costs. Even though your audit costs may be
ongoing basis. Every CIO should know at least threehitting the finance area's budget, meet with your
things: how vulnerable are my systems, how safelycompany's finance team to understand what audits
configured are my systems, and are we prioritizingare costing you, and how the right kind of
the security of the highest value assets to theautomation could lessen them and there will certainly
business? Though security metrics are in the earlybe time and resource savings for the security team
days of development and adoption, the industry isas well. There isn't an exact recipe for compliance
maturing and solid measurements are available. Theseautomation, so talk your auditors, look at your
areas can be assessed and assigned an objectiveenvironment, and begin the discovery of how much
numeric score, allowing you to set your company'stime is spent preparing for and reacting to audits. If
own risk tolerance and use that to make criticalyou're a company that allows your divisions to
decisions about where to allocate funds. As you faceindividually automate, it's time to think about taking
increased budget scrutiny, the metrics allow you tothose principles enterprise-wide.
identify - and defend as necessary-- where yourRegardless of budget conditions, you will still be faced
security priorities are, and how security and risk fitwith decisions on which projects have the biggest
into overall ROI.impact on the business. The threat environment
2. Compare your baseline to others in your industry.requires that you make the absolute best decisions
The guarded nature of security data means CIOswith your available budget by investing in the right
trying to access this type of information will have toplaces and getting better use of your resources.
get creative. A good place to start is the Center forLastly, remember that times of difficulty are often
Internet Security -- their consensus baselinethe times of opportunity. Lessons learned now in the
configurations can be used as a jumping off point toface of tighter budgets can spark valuable models of
identify areas of risk. Vertical industry benchmarks willefficiency and progress for the future.