SecurityScorecard Launches New ROI Calculator to Help Security Leaders Measure the ROI of Security Investments, CIOSEA News, ETCIO SEA


SecurityScorecard Launches New ROI Calculator to Help Security Leaders Measure the ROI of Security Investments

SecuritySscorecardthe world leader in cybersecurity ratings, today announced that it has launched a suite of tools designed to help organizations monitor budgets and ensure that safety efforts get the funding needed to support the business.

The content and tools will make it easier for organizations to realize and demonstrate the return on their security program.

Economic uncertainty affects organizations in all sectors. As spending comes under scrutiny, cybersecurity budgets are no exception, and bad actors often take advantage of these turbulent times. That’s why it’s more important than ever for security leaders to understand and communicate effectively the value of their security and vendor risk management programs ROI for technology investments.

The resources include the ebook 5 ways to secure your organization in turbulent timesand SecurityScorecards Return on Investment (ROI) Calculator, a free, high-level estimate of SecurityScorecard’s total economic impact. The interactive calculator helps organizations understand the total economic impact of SecurityScorecard’s holistic security assessment platform.

The SecurityScorecard calculator is based on Forrester Consulting’s study, The Total Economic Impact of SecurityScorecard, commissioned by SecurityScorecard. Working with SecurityScorecard customers, Forrester identified and quantified the key benefits of investing in SecurityScorecard’s integrated approach to managing cybersecurity risks, including:

  • Increased efficiency in risk management
  • Technology Efficiency and Consolidation
  • Improved security posture

“Organizations around the world are facing challenging financial climates, putting tremendous pressure on CISOs to communicate value to their boards of directors and leaders,” said Aleksandr Yampolskiy, CEO and co-founder of SecurityScorecard. “Threat actors are taking advantage of turbulent times when staffing and resources are becoming tighter. The faster your team can prove value and justify your investments, the faster you can address your most critical issues.” In addition to the ROI calculator, SecurityScorecard also helps organizations improve the ROI of their security programs by giving them the ability to:

  • Achieve faster time to value by automating cybersecurity processes
  • Quantify the risk in financial terms for the board and test different scenarios of possible consequences
  • Develop key metrics that the board considers important for defining, understanding and quantifying cybersecurity threats
  • Set up automated alerts and rules to avoid missed issues within the organization and its third-party vendors.

SecurityScorecard is also hosting a four-part global webinar series to educate viewers on the key areas leading security teams are prioritizing to proactively secure their organizations. The webinar series, which kicks off on September 29, will feature special sessions for viewers in North America, APAC and EMEA and will cover topics such as:

  • Control your security in turbulent times
  • Cut through the noise by prioritizing the most critical threats
  • Show the value of your security program
  • Show your strong security posture as the preferred supplier

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