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The Quantified Financial Risk Of IT Security:  Align Strategy. Secure Budget. Drive Outcomes.

The Quantified Financial Risk Of IT Security: Align Strategy. Secure Budget. Drive Outcomes.

Unisys
Published by: Research Desk Released: Nov 06, 2020

In businesses of every size, priorities drive strategy and strategy determines budget. As executive teams create budgets, they must balance allocating resources that accelerate business growth and create shareholder value with funding tools and processes essential for protecting corporate assets and securing sensitive data. It often feels as though business owners and security teams speak a different language — and much of the time, they do. Security professionals must improve their ability to describe the organization’s IT risk posture in a language the board and senior management care about: financial impact.

Unisys commissioned Forrester Consulting to conduct a study investigating how firms correlate security posture with business outcomes and how they communicate these findings to their boards.