Alright, lemme tell you about figuring out the real deal with your security team – what I like to call "Security TCO: Measuring the Value of Your Security Team." check Its not just about how much cash youre shelling out, see? Its way more nuanced than that.
Think of TCO, or Total Cost of Ownership, like this: it aint just salaries. Sure, thats a big chunk. But what about the software youre using, the training folks need, the hardware, and the time they spend, are they really being used efficiently? managed service new york Oh, and dont forget the potential cost of a breach if your security isnt up to snuff.
So, how do you actually measure the value? Well, its a tricky dance. You cant just slap a dollar amount on everything. But you can look at some key indicators. For instance, (and this is important!), how many incidents are you preventing? How quickly are you responding to the ones that do slip through? Are you meeting compliance requirements without unnecessary extra expense?
Dont underestimate the importance of automation, either. Are your security tools working together nicely, or are they just a bunch of independent silos creating more work? Automation can seriously cut down on the manual effort, freeing up your team to focus on the truly important stuff, you know, the stuff that isnt just rote tasks.
And heres a thought, what about the impact on the wider business? managed service new york Is your security team enabling innovation, or is it just a bunch of naysayers who are always saying "no" to everything? managed services new york city managed it security services provider A good security team should be a business partner, not a roadblock, if you ask me.
Its also not a terrible idea to look at industry benchmarks. How does your security spending compare to other companies of a similar size, and in a similar industry? Are you overspending? Underspending? (Probably not).
Look, this isnt an exact science.
The bottom line? Dont just look at the price tag.