• June 05, 2018

Determining the Proper Budget for a Security Incident

Determining the Proper Budget for a Security Incident

Determining the Proper Budget for a Security Incident 1080 540 Trapp Technology

Did you know only 45% of CISOs say they have funds budgeted to deal with a serious security incident?

We can understand why so many companies don’t have a financial safety net for a data breach. Communicating the importance of a cybercrime resolution fund isn’t a reassuring conversation for an IT leader to have with the board of their company. However, that doesn’t mean it’s a safe or healthy position to be in.

That said, does your company have the appropriate budget dollars set aside to address a security incident if needed?

Our team of business security advisors at Trapp Technology know that thinking about how devastating a cyber attack can be to your company’s financials is enough to make an executive’s palms sweat and heart race. We also know the questions they pose are hard to answer alone: How much money should we commit to our security defense efforts? Do we need to allocate special funds for security operations to address an unforeseen event? And how much? Will we even BE attacked?

Using a cyber threat assessment offered by Trapp Technology, we can help your business:

  • Evaluate your current IT security budget, or help you create one
  • Detail the direct business impact of a security breach
  • Reduce the likelihood that your company is the victim of a cyber attack
  • Build confidence in your company’s ability to survive an unforeseen security incident

Through our assessments and security roadmaps, we’ve earned the trust of companies like Grand Canyon University, inenvi, and Prosearch Strategies. We’re absolutely confident your company can achieve the same results.

READ  IT Budgeting, Spend Benchmarking, and Financial Analysis

If you need more information on Trapp Technology’s cyber threat assessments or if you’d like to schedule one for your company, please click here. You may also call a security representative at (877) 942-2568 or email sales@trapptechnology.com to speak with someone immediately.

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