Here are 5 tips to help you secure your cybersecurity budget

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1 . SPEAK THEIR
LANGUAGE
Focus on business language, not technical
metrics. In general, talking about risk and loss
prevention is more convincing than making
overwhelming decisions with cybersecurity data.
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2 . MAKE SECURITY AN
ENABLER
Let's be real. No one wants to put too much money
in the spending center and they don't want to
put money in the spending center, especially in
the way of income- generating activities. We need
to move beyond these stigmas. Always aim to show
how security can support business objectives and
initiatives - dont block them. Similarly, when
asking for more budget, tie your request to
current business initiatives and priorities and
show how you can enable it.
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3 SHOW HOW EXISTING BUDGET IS SPENT

• Security is a technical discipline and often
  those who make budgetary decisions do not have a
  good understanding of it. So it becomes difficult
  for them to know whether the money already
  allocated by the organization for cyber security
  is being spent properly ... and whether it is
  appropriate to allocate more of it.

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4 EXPLAIN WHAT EXTRA BUDGET IS NEEDED FOR

• This is one of the tips that seems obvious but
  rarely does anyone do it because they are too
  busy. It takes time to come up with a compelling
  argument leave the business alone and most
  security teams already have a little bit of that
  value.

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5 FIND OUT WHAT SIMILAR ORGANISATIONS SPEND ON
CYBERSECURITY
Benchmarking is usually given more quality than
it deserves. It's one thing to know what
competitors or industry peers are doing, but if
you don't know why ... information isn't useful.
Regardless, executives and boards generally place
a high value on benchmarking especially if it
is provided with other types of information so
it's a good idea to include it if it helps your
business.
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OFFICE
At Comtact, we're proud to offer exactly that
kind of relationship. How we can help your
organization achieve its cybersecurity goals
whether to reduce risk, adopt specific
technologies, move to zero trust, or accomplish
something else contact us today.
Comtact Ltd. Rockingham Dr, Linford Wood, Milton
Keynes MK14 6LY comtact.com