DIALOGUE | CIO + CISO “Cybernomics”- Economic Aspects of Cyber Security

Vugar Zeynalov, CISSP, CISO, Cleveland Clinic 

“How do we rationalize cyber spending? How can we provide cost forecasts to support business decisions? And how do we make our calculations accurate? There are no silver bullets, unfortunately. We just keep seeking practical advice from people in the trenches. That’s why we’re here.” -Vugar Zeynalov

Questions to consider:

• How much is enough and what is minimally necessary? How do you decide as an organization?
• Why is having a strong “metrics” program important to explain and defend your cybersecurity spend?
• How is your organization reducing cost growth in IT?
  • What strategies are you employing around:
    • Automation
    • Reducing Risk
    • Reducing/Consolidating Technologies
    • Driving Efficiencies
    • Workforce/Cyber Team Organization