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Securing Buy-In for Security Budgets

Panelat BSides Edmonton 2024 · 2024-09-23..09-24· [security, engineering-leadership]
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name:Sara Iyer
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Advocates recommend starting with a risk assessment and inventory, then prioritize internet‑facing and high‑criticality systems; leverage existing licenses (for example Microsoft bundled tools) and open‑source before buying new products. Run tabletop exercises and red‑team drills to reveal gaps — a real DDoS lasted 10 days in one case — and measure ROI: a phishing program drops click rate from 40% to under 5%, which funds continued training and supports cyber‑insurance requirements.

AI-written summary · about

  1. 0:00Introduction and speakers
  2. 2:13Challenges in security budgeting
  3. 7:17Using real incidents to justify costs
  4. 13:19Tabletop exercises for risk awareness
  5. 18:23Presenting security as an investment
  6. 23:00Prioritizing security risks effectively
  7. 27:42Security as a business enabler
  8. 28:26Conducting a security inventory
  9. 32:18In-house vs. outsourced security teams
  10. 35:51Handling security incidents and insurance
  11. 41:56Funding sources for security budgets
  12. 46:34Closing remarks and Q&A
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