Budget
Cybersecurity is a crucial aspect of corporate management that cannot be neglected in today's digitalized world. The challenge lies in developing effective cybersecurity strategies that take into account both the budget and the specific needs of the business.
Large Enterprises: Focus on Detection and Prevention of Lateral Movement
Large enterprises with substantial budgets should invest a significant portion in the detection and prevention of lateral movement. This includes advanced monitoring systems and network security measures that enable the detection of movements within the network and the blocking of potential threats before they can cause damage.
Small Businesses: Threat Modeling
Small businesses should focus on threat modeling. This approach requires less financial resources but presupposes a thorough analysis of potential threats and vulnerabilities of the business. Through threat modeling, small businesses can invest specifically in the most important security measures to minimize the greatest risks.
Budget-Conscious Strategies: Pareto Principle and POCs
The Pareto Principle, also known as the 80/20 rule, can be an effective guideline for budgeting in cybersecurity. By focusing on the 20% of measures that solve 80% of potential security issues, significant achievements can be made even with limited resources. Proof of Concepts (POCs) for securing critical business resources, the so-called "crown jewels", are also crucial. They allow for testing the effectiveness of security solutions before making extensive investments.
Sustainable Security Strategy: No New Acquisitions for One Year
A sustainable strategy for businesses of any size could be to make no new acquisitions for a year, but rather to utilize existing software licenses and correctly configure security monitoring. This approach not only promotes cost control but also a deeper understanding and optimal use of existing security tools.