How to Spend Your Cloud Security Dollar
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The document is a summary of a webinar discussing cloud security budgeting, common security mistakes, and the importance of effective risk management. It emphasizes the need to balance investment in technologies with people and processes, revealing hidden costs associated with cloud security. Key topics include determining appropriate spending, security risk management, and identifying security budget areas.
How to Spend Your Cloud Security Dollar
- 1. 1 HOW TO SPEND YOUR CLOUD SECURITY DOLLAR Tricia Pattee | HOSTING Product Manager
- 2. • This webinar is being recorded and an on-demand version will be available at the same URL at the conclusion of the webinar • Please submit questions via the button on the upper left of the viewer • If we don’t get to your question during the webinar, we will follow up with you via email • Download related resources via the “Attachments” button above the viewing panel • On Twitter? Join the conversation @HOSTINGdotcom 2 Housekeeping
- 3. • Today’s Obstacles • 5 most common security mistakes • Security Risk Management Process • How to determine the right amount to spend • Security Checklist • Hidden cloud security costs 3 Agenda
- 4. 4 Today’s Obstacles Key findings from The Global State of Information Security Survey 2015 by PWC
- 5. 5 Key findings from The Global State of Information Security Survey 2015 by PWC
- 6. 6 Key findings from The Global State of Information Security Survey 2015 by PWC How is security reflected in your overall IT budget?
- 7. 7 Key findings from The Global State of Information Security Survey 2015 by PWC Security budget Review roles/responsibilities of security organization Security policies Security technologies Overall security strategy Review of current security and privacy risks 40% 20% 30% 36% 42% 25% The Board of Directors remain uninvolved in most organizations
- 8. 1. “We have to achieve 100 percent security.” 8 5 Most Common Security Mistakes That Impact Budgets
- 9. 1. “We have to achieve 100 percent security.” 2. “Our weapons have to be better than those of the hackers.” 9 5 Most Common Security Mistakes That Impact Budgets
- 10. 1. “We have to achieve 100 percent security.” 2. “Our weapons have to be better than those of the hackers.” 3. “Investing in best-of-class technical tools will keep us safe.” 10 5 Most Common Security Mistakes That Impact Budgets
- 11. 1. “We have to achieve 100 percent security.” 2. “Our weapons have to be better than those of the hackers.” 3. “Investing in best-of-class technical tools will keep us safe.” 4. “We are secure because we are compliant.” 11 5 Most Common Security Mistakes That Impact Budgets
- 12. 1. “We have to achieve 100 percent security.” 2. “Our weapons have to be better than those of the hackers.” 3. “Investing in best-of-class technical tools will keep us safe.” 4. “We are secure because we are compliant.” 5. “Defending ourselves requires recruiting the best professionals.” 12 5 Most Common Security Mistakes That Impact Budgets
- 13. • How big is the risk for your organization and the organizations you do business with? 13 Understanding Your Risk
- 14. • How big is the risk for your organization and the organizations you do business with? • Do your processes and culture enable effective risk management? 14 Understanding Your Risk
- 15. • How big is the risk for your organization and the organizations you do business with? • Do your processes and culture enable effective risk management? • How large should your security budget be and how should you spend it? 15 Understanding Your Risk
- 19. 19 Where to…
- 20. 20 Top Six Areas of Security Spend Patching Vulnerability Management Malware/ Antivirus Backups Threat Detection Log Monitoring
- 21. 21 Top Six Areas of Security Spend Patching Vulnerability Management Malware/ Antivirus Backups Threat Detection Log Monitoring
- 22. 22 Hidden Cloud Security Costs & Risks • Purchasing a la carte
- 23. 23 Hidden Cloud Security Costs & Risks • Purchasing a la carte • Security-in-a-box
- 24. 24 Hidden Cloud Security Costs & Risks • Purchasing a la carte • Security-in-a-box • Investing in tools, not people and processes
- 25. 25 Hidden Cloud Security Costs & Risks • Purchasing a la carte • Security-in-a-box • Investing in tools, not people and processes • Assuming risk responsibility
- 26. 26 Q&A Tricia Pattee | HOSTING Product Manager For more information about threat management solutions by HOSTING, please contact our team at 888.894.4678.
Editor's Notes
- #2: Intro