Search Results

Think about a return on risk rather than a return on investment when it comes to corporate security – that was one of the key insights to emerge at a recent security event featuring leading experts in the field.

Think about a return on risk rather than a return on investment when it comes to corporate security – that was one of the key insights to emerge at a recent security event featuring leading experts in the field.

Howard Pinto, head of technology security at Vodafone, said: “Gone are the days when you can just deploy something and it sits in the background. What really matters is the ROI of security. If you deploy a technology to protect the organisation’s assets then the board want to see cost savings.”

“You need to prove that there is a financial return not just another cost-centre. You need prove both the intangible and tangible results of deploying specific kit.”

Barry Coatesworth, an industry adviser in the retail sector, agreed that ROI is hard to quantify. Speaking at the event, held at the Tower of London, he said: “Look at what could happen, what will happen if there is a breach – and then see that reducing risk means that your company is better able to work – and save money in the long run because breaches don’t occur, or happen less often, and aren’t as serious if they do. That’s a return on risk.”

Hear more about a security return on risk – as well as insights around how security is moving up the scale of importance within corporations and why behavioural change is key – in this panel debate recorded at the event.

Security insights from the experts: other series articles
Watch: Secure your reputation
Watch: Secure your ‘things’