Posts Tagged ‘return on investment’

Follow the Money

When we talk about security with the business we need to talk about money.

I have occasionally run into colleagues whose answer to risk-based governance approaches and performance-based management approaches has been to say “Show me the money!”. I understood their desire to see security operate in the language of business but was always reticent to jump feet first into financially-driven security for a couple of reasons; firstly  I just couldn’t see how we could put a reliable value on what we did and secondly I was nervous about what that might expose. In hindsight I find myself increasingly becoming a financial fundamentalist for security.

Business is fundamentally the generation of profits to maximise the returns of investors. It is the result of one equation:

Profit = Revenue – Costs

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