New Wisegate Report Shares How CISOs Are Winning Executive Buy-In For Security Budgets
Austin, Texas, October 15, 2013 – Austin-based start-up Wisegate, a private, practitioner-based IT research service for senior technology professionals, released a new report today that shares how CISOs successfully gain executive buy-in on security budgets and strategically manage them.
Most CISOs face significant challenges communicating the value of security in business terms, winning budget approval and planning for unanticipated expenses-and find benefits from conferring with and learning from the experiences and successes of their peers. In this latest report, Wisegate makes available to the broader Information Security community veteran CISOs budget management tactics-that are typically shared only between Wisegate members.
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Wisegate’s new report “CISOs Discuss Best Ways to Gain Budget and Buy-in for Security” includes data from Wisegate’s 2013 IT Security Benchmark Survey and focuses on 3 key areas to help CISOs successfully navigate the budgeting process.
Determining How Much Should be Spent on InfoSec-New strategies CISOs use to allocate budget along with critical factors to consider when using peer-based benchmarks and model-based approaches.
Budget Estimation and Spending Strategies-How company culture and CISO spending philosophies impact the budgeting process from estimating and justifying expenses to resource planning and preparing for emergencies.
5 Tips for Winning Budget Approval-CISOs share how they use risk-based approaches, collaboration, leadership changes and soft skills to build buy-in for security programs and budgets.
To view a copy of the report titled “CISOs Discuss Best Ways to Gain Budget and Buy-in for Security”, please visit a media only direct link: http://www.wisegateit.com/resources/downloads/wisegate-strategic-budgeting-report.pdf. For stories, please use http://www.wisegateit.com/resources/downloads-strategic-budgeting-report.