Business Security Weekly (Audio) Budget Planning Guide 2025: Security And Risk - Jeff Pollard - BSW #368
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Oct 15, 2024 Join Jeff Pollard, Vice President and Principal Analyst at Forrester Research, as he shares insights on navigating budget planning for security and risk in 2025. He discusses critical investment areas like software supply chain security and emphasizes the need for a risk-based approach to human risk management. The chat also touches on the importance of integrating security practices into overall business strategy, evolving pricing models for flexibility, and fostering a security-conscious culture amidst budget constraints. Dive into actionable strategies to enhance cyber resilience!
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Careful with Budget Cuts
- Cost optimization in security portfolios must be cautious; budget reductions often lead to multi-year setbacks.
- Focus on efficiency and strategic alignment rather than just cutting costs.
Unified Risk Quantification Importance
- Cyber risk quantification merges multiple data sources like assets, vulnerabilities, and threats for better decision-making.
- Security data lakes help consolidate and analyze data to provide the vital "so what" factor for actionable insight.
Experiment with AI/ML Security
- Experiment early with AI/ML security governance, protecting models, data, and prompts.
- Collaborate with dev, data, and ML ops teams to design workflows before threats become widespread.