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FEATURE


cybersecurityeurope PAGE 44


Models designed to evaluate if cyber security delivers measurable value for money have to become more holistic to be more revealing.


THERE ARE FEW INSTANCES OF WORKPLACE JARGON THAT CROP-UP IN BOTH THE BUSINESS leader’s


and information


technologist’s lexicons; ROI – return on investment – is one such. But the fact that it carries diff erent shades of meaning for its respective usage often proves unhelpful when it comes to establishing common terms of reference inside a digitally-transformed organisation. Nevertheless, it’s a term that continues to fi nd its way into debates


between the c-suite and the IT function, so chief offi cers should ensure that their understanding of the term is up-to-date – especially as executives become more closely involved in the determination of enterprise digital strategy. It’s also a term worth redefi ning at its simplest level. In IT terms, ROI


denotes the ratio between the net cost and profi t of an investment that results from an investment of resources of some kind. As a performance measure, ROI is used to evaluate the effi ciency of an investment or to compare the effi ciencies of several diff erent


ASK SECURITY INVESTMENT VALUE FOR MONEY


Boardrooms and c-suites customarily think in terms of return-on-investment calculations when it comes to validation of sign-off on expenditure – but are standard ROI models applicable to the vagaries of cyber security?


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