Spotlight on Solutions
Schneider Electric security solutions integrate multiple security disciplines into a single system, resulting in one comprehensive view.
At last, an easier way to justify the value of security investments
How to prove your security management solution contributes to overall business success
Today’s volatile economic climate demands that each corporate investment be supported by a strong business case. Justifying security management solutions is no exception, especially when executives expect security professionals to prove return on security investment (ROSI).
New security investment parameters Older methods for calculating ROSI were complex and relied on soft data to derive numbers. A more tangible way to justify security investments is to organize ROSI into three levels: security effectiveness, risk reduction, and business efficiency.
1
Security effectiveness: Protecting people and assets
The first level of security effectiveness represents the basic reason why executives invest in security management solutions: to protect people and assets. Common and visible systems are used, such as security cameras and access control devices. Organizations can realize lower capital
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expenditure (CapEx) costs and lower operating expenses (OpEx) by integrating these disparate technologies onto a single IT network.
Proving the value of security effectiveness alone is problematic because businesses cannot determine with certainty whether incidents simply did not occur, or whether the security solution prevented the potential incidents from taking place. At a basic level, security effectiveness ensures a secure business environment.
2 Risk reduction: Enhancing business continuity
The second level is risk reduction, which aligns with the goals of executive management. Security leaders identify internal and external risks to the business by asking: “How will the organization benefit financially by securing itself against these risks?” This type of solution provides better situational awareness, bolsters business continuity, and helps organizations avoid financial ramifications of unexpected incidents.
Discover 3 levels of Return on Security Investment (ROSI) 1. Effective security 2. Risk reduction 3. Business efficiency
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