Companies today face a continually growing number of threats to their data and IT security. As hackers become more sophisticated in their technology and approach, businesses of all sizes become more vulnerable. Where network security once involved nothing more than a dedicated in-house IT department, today’s digital landscape demands a more thorough, strategic and reliable approach to cybersecurity. The only problem is that higher-ups, like those in the C-suite, aren’t always fully aware of just how vulnerable their company is.
With the scope of involvement that cybersecurity demands, it’s imperative to get the C-suite and sometimes stakeholders on board with a dedicated strategy that may include outsourcing to a managed services provider. It sometimes happens that those in the boardroom are perfectly content leaving security where it is with the mindset of if it isn’t broke, you shouldn’t fix it. This is an outdated mindset that can leave a company vulnerable to cyberattacks.
But how do you convince the C-suite that a new take on cybersecurity is must? Here’s a few tips for presenting the best business case for cybersecurity.
Start by Conducting a Thorough Risk Assessment
Honestly, it’s easy to employ scare tactics when making a business case for cybersecurity. After all, the potential outcome of not investing in network and data security can be devastating. However, higher-ups aren’t likely to buy into doomsday tales that aren’t ever likely to come true. If you want to make a strong case, you need to approach it from a realistic perspective, and that means conducting a thorough assessment of your current strengths, weaknesses and areas of greatest vulnerability.
Once these are identified, you can then use them to formulate a presentation that illustrates the real threats to the company, as well as giving the current security protocol props where it’s deserved. You’re more likely to appeal to the C-suite when you’re not trying to push a complete, costly overhaul.
Talk Candidly About the Risks
Instead of approaching it from the perspective of what might happen, talk about what will happen. Again, don’t go over the top of make illustrious claims about what managed services can do for cybersecurity, but do talk candidly about what is likely to happen and how the company will mitigate those damages.
For instance, consider a low-level data breach. Every business is a target for this type of cyber-attack, so discuss what the plan of action is when it does happen. Discussing the real possibilities in very real terms can help solidify the importance of cybersecurity for the C-suite.
Calculate the Costs
Calculate the real costs of cybersecurity and present it to the C-suite. How will cybersecurity protect the company’s bottom line and in which areas will cybersecurity be most impactful financially. When talking to the boardroom, numbers often speak louder than any other words you could use.
Let Apex Technology Do the Talking
When you need to make the business case for cybersecurity, let us help you make a compelling case. We’re managed service providers who understand the exact value of cybersecurity and know how to communicate it. Connect with us at Apex Technology and let us help make your business more secure today.