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Gartner Report

5 Steps to Cost Optimization for Security and Risk Leaders in Uncertain Times

5 Steps to Cost Optimization

Many organizations have reacted to COVID-19 guidance by focusing on stability and crisis response rather than growth. A recent poll of Gartner’s client community found that nearly half of respondents are experiencing reduced effectiveness, and in some cases severely so, as a result of COVID-19.

Cost reduction is high on the priority list of most organizations, but the inclination to slash budgets and reduce expenditure can result in increased security risks.  In this report, per our view Gartner discusses how security leaders can optimize their security expenditure to provide a stable, secure environment that supports growth as the business recovers, including:

  • Identifying the crisis phase of an organization
  • Building adaptable budget scenarios
  • Aligning security to business needs for cost optimization
  • Adopting a budget portfolio mindset to manage costs
  • Maximizing efficiencies through skills alignment

Gartner (April 2020). 5 Steps to Cost Optimization for Security and Risk Leaders in Uncertain Times.

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