Since the number of security specialists, security hard- and software technology vendors and security service providers have increased over the past decade, we have also experienced a significant increase in security spending. And these security budgets have become an important part of the organizations’ financial planning cycle. Recent predictions indicate that budgets will continue to grow and it’s not clear where it will end.
We think however that the novelty of digital security will wear off at a certain stage and budget pressure will increase. We simply cannot try to empty the ocean with a thimble. To prevent this from happening, staff being responsible for digital security will have to show the added value of their investments but also from themselves. Just as any other business process or department manager within the company.
To shed some historical light and background about our reasoning we first compare Digital Security with regular IT and the IT department, and what has happened to IT, when being unable to show value and being misaligned with the business. After that we will provide some guidance on how to demonstrate “true” value and to make it taste as sweet as cherries.