Motivation: Why do I need an IT Security budget?
Teaser for Calculation on the bottom
- What am I protecting?
- What is it worth?
- Who is implicated if I loose it? (Me vs. Customers)
- How much do I have to pay in the worst case? (Ausfall-Kosten, Wiederherstellung, …)
- Can I justify, I did enough?
- Can I justify, I did everything I could?
- GDPR, Trust Lose, Company Reputation and other reasons to spend more (Being pro-active instead of reactive)
- Outsourcing expert knowledge
- If I have an IT Security Insurance (against Hacking), is that enough?
- Automated Security Tests give you a constant security status of your application. Know your weakness!
Calculation: Example on how to figure out if I spend enough on IT Security
Refer to ROI Article