Episode 49 — Craft convincing business cases that secure funding and executive backing
Securing the funding needed for a world-class security program requires the ability to craft convincing business cases that address the concerns of financial and operational executives. This episode details the essential elements of a business case, including the problem statement, the proposed solution, the total cost of ownership (TCO), and the anticipated benefits. We define the "value proposition" of a security project as its ability to mitigate documented risks and support the firm’s strategic vision. For the GSTRT exam, candidates must be able to calculate the "cost of inaction"—the potential financial and reputational damage if a specific vulnerability is left unaddressed. Examples include presenting a case for a new identity management system by focusing on its ability to reduce help-desk costs while hardening the organization against credential theft. By mastering the art of the business case, you ensure that your security program has the durable executive backing required to survive budget cycles and leadership changes. Produced by BareMetalCyber.com, where you’ll find more cyber audio courses, books, and information to strengthen your educational path. Also, if you want to stay up to date with the latest news, visit DailyCyber.News for a newsletter you can use, and a daily podcast you can commute with.
