Budgeting, Investment, and Strategic Planning

Categories: Chartered
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About Course

This module provides learners with the financial acumen required to make sound cybersecurity investment decisions that align with organizational objectives. It covers techniques for building and justifying cybersecurity budgets, evaluating return on security investments (ROSI), and strategically planning for long-term sustainability of security programs. Through a combination of financial modeling, stakeholder communication, and risk-based prioritization, participants will be able to bridge the gap between technical needs and executive expectations.

What Will You Learn?

  • Understand the critical role of budgeting in the success of cybersecurity programs.
  • Estimate and evaluate cybersecurity costs and benefits using practical tools and methods.
  • Align cybersecurity spending with organizational risk appetite, goals, and regulatory requirements.
  • Apply financial metrics such as Return on Security Investment (ROSI) and Total Cost of Ownership (TCO).
  • Develop and present compelling business cases to justify cybersecurity investments.
  • Effectively communicate security needs in business terms to executives and stakeholders.
  • Balance operational, reactive, and proactive security spending to maximize impact.
  • Design long-term cybersecurity roadmaps and strategies based on performance data and evolving threats.
  • Incorporate flexibility and scalability into financial planning to adapt to new technologies and challenges.
  • Use frameworks like NIST CSF and COBIT for aligning financial strategy with cybersecurity governance and maturity models.

Course Content

Foundations of Cybersecurity Budgeting and Investment

  • Understanding the role of budgeting in security program success
  • Methods for estimating cybersecurity costs and benefits
  • Aligning security investments with enterprise risk appetite and goals
  • Introduction to ROSI (Return on Security Investment) and TCO (Total Cost of Ownership)

Justifying Cybersecurity Spend to Stakeholders

Strategic Planning for Sustainable Security Programs

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