Getting the Board on Board: Explaining Cybersecurity ROI

Despite increasing data breaches, ransomware attacks, and assorted cyber threats, convincing the Board of Directors to invest in robust cybersecurity isn't always easy for many businesses. The challenge originates mainly from the need to demonstrate a quantifiable Return On Investment (ROI) from any cybersecurity initiative. Many Boards concentrate on performance indicators, profits, and strategic resource distribution, while cybersecurity primarily focuses on risk mitigation. It is crucial to bridge this communication gap to ensure that the Board understands and acknowledges the …

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