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Insert sponsor

logo here

Bye

Bye--Bye Budget:

Bye Budget:

Top spending mistakes that

Top spending mistakes that

Top spending mistakes that

Top spending mistakes that

put your budget at risk

put your budget at risk

Matt Anthony

Matt Anthony

(2)

Today’s webinar:

Today’s webinar:

Text in questions using the Ask A Question button

All audio is streamed over your computer

Having technical issues? Click the ? Button

Having technical issues? Click the ? Button

Download the slide deck from the Event Home Page

After viewing the webinar, ISACA Members may earn 1 CPE

credit.

To earn 1 CPE, click the CPE Quiz link on the Event Home Page. Once you

pass the quiz, you will receive a printable CPE Certificate.

Q

ti

ti

? E

il th

t

L

i

@i

(3)

Stats:

Stats:

100K New malware specimens per day

700+ Federal and state security-related laws

8,000+ Publicly disclosed vulnerabilities in 2011

76% IT

d

it

b li

th

l

th

76% IT and security pros believe they are less secure now than a

year ago

61% CSOs report their budgets are flat or decreasing

(4)

How executives view security

How executives view security

It costs money now

It costs money now

It

t

ti l f t

t

It saves potential future costs

It does not create revenue

(5)

What drives security funding?

What drives security funding?

Major data breaches

Major data breaches

Business disruption

Business disruption

Compliance

Compliance

F U D

F.U.D.

C dibl

it l

d

hi

(6)

Credible?

Credible?

Credible to who?

HINT: not other security professionals

HINT: not other security professionals…

What determines credibility?

y

Knowing the business

Starting with the facts

Speaking the language

Building relationships

B i

f l

Being successful

“Consultants have credibility because they are not dumb enough to work at

Consultants have credibility because they are not dumb enough to work at

your company.”

(7)

No credibility?

No credibility?

No funding.

No funding.

No funding.

No funding.

“It takes many good deeds to build a good

It takes many good deeds to build a good

reputation, and only one bad one to lose

it ”

it.

(8)

Mistake 1: Security is reason

Mistake 1: Security is reason

enough!

enough!

enough!

enough!

Failure to make the business case

Failure to make the business case

N b

i f

th

l

d

No buy-in from other leaders

Failure to prepare others for impact

(9)

Lessons learned

Lessons learned

Security leaders must engage the business

H

h ti

d

d

ith l

d

t id

f

How much time do you spend with leaders outside of

IT?

What are their priorities?

p

What is your impact to their functions?

Interview other leaders and peers

“Pre wire” major security projects

Pre-wire major security projects

Partnering with business leaders can fund projects beyond

g

p j

y

your budget

(10)

Mistake 2: If a tree falls in the

Mistake 2: If a tree falls in the

woods

woods

woods

woods

No one notices good security

No one notices good security

S

it

i

l

b d

Security news is always bad news

You haven’t used successes to build credit

Failure happens, but your account is

empty

empty

(11)

Lessons learned

Lessons learned

When you succeed, promote it

y

, p

Passed the audit and met partner security requirements

Remediated 12 high severity vulns, including critical

b it i

website issue

Reduced average incident count from 12 to 3 per month,

saving an $250K in productivity

g

$

p

y

A great way to build your success is to help others succeed

(12)

Mistake 3: Keeping up with the

Mistake 3: Keeping up with the

Joneses

Joneses

Joneses

Joneses

Everyone wants to be leading edge

y

g

g

Difficult to get ROI from V1 tools

Harder to use

Less integration

More expensive

Project fails to deliver on potential

Project fails to deliver on potential

(13)

Lessons learned

Lessons learned

Few have a strong business case for the latest widget

g

g

Tap existing investments before buying new

Biggest improvements come in V2

Don’t pay a premium for a “beta” product

“Only a fool uses an armored car to take one

di

t th b

k ”

(14)

Mistake 4: Breaking the compliance

Mistake 4: Breaking the compliance

stick

stick

stick

stick

Compliance is the “magic” budget justification

Compliance is the magic budget justification

Most spend tied to a compliance requirement

Most spend tied to a compliance requirement

Failure to justify beyond the checkbox

(15)

Lessons learned

Lessons learned

Avoid spend that is driven only by compliance

Business justification needs to be risk-based

Compliance is part of the risk equation

“The path of least resistance is what makes

p

rivers run crooked.”

Elbert Hubbard, author of

A Message to

Garcia

(16)

Mistake 5: Over

Mistake 5: Over--optimistic business

optimistic business

case

case

case

case

Big, expensive project

SIEM Data Loss Prevention Identity & Access

SIEM, Data Loss Prevention, Identity & Access

Management, etc.

Underestimated real costs

Lower costs = easier to justify

“Doable with the team we have”

F il t

t

t ti

Fail to meet expectations

Over budget and under funded

Scope severely reduced

Scope severely reduced

(17)

Lessons learned

Lessons learned

Don’t use headcount savings to justify technology

i

t

t

investments

Use worst/expected/best case cost ranges

Use worst/expected/best case cost ranges

Hiring the right people always takes longer than

Hiring the right people always takes longer than

planned

Evaluate build vs. buy vs. partner

(18)
(19)

About Dell

About Dell SecureWorks

SecureWorks::

Managed Security

Managed IDS/IPS

Firewall Mgmt

Threat Intelligence

Vulnerability Feed

Advisories

Firewall Mgmt

Log Management

Vulnerability Mgmt

Host IPS

SIM O D

d

Advisories

Threat Feed

Live Intel Briefings

Malware Analysis

Mi

ft U d t A

l

i

SIM On-Demand

Web App FW

Web App Scanning

Microsoft Update Analysis

Attacker Database

Emerging Threat Tips

Security Consulting

Compliance & Certification

Penetration Testing

Vulnerability Assessment

Vulnerability Assessment

Incident Response

Forensics

Program Development

Architecture & Integration

Architecture & Integration

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