Corporate Cost-Cutting and Why Security Teams Do Not Need to Compromise on Investigations and Intelligence Solutions
This article was originally featured on IFSEC Insider
Every executive’s career will sometimes involve budget cuts that affect their department. Security executives are no strangers to this scenario; about one out of every five security departments experienced budget reductions between 2020 and 2022, according to Security Magazine’s Security Benchmark Report.
It’s always a challenging situation. And when I talk to executives with relatively short tenures in their roles, they are often either unprepared for the news or didn’t see it coming. Others need to learn how to justify their budget and prove the value of their team’s work to others in the business, leaving them vulnerable to cuts that are arbitrary or deeper than they should be.