One of the main challenges that leaders face when pitching a security hardening project is putting a quantifiable value on it to justify the budget to their partners and shareholders.
While compliance and regulations do incentivize investing in security hardening efforts for infrastructure or the company's products and services, more often than not they are viewed as a checkbox rather than a necessary regular practice.
Many leaders are well aware of the importance of regular security hardening projects, but it's not always simple to ask for a budget for activities that do not generate direct revenue.
In this article, we will explore a simple formula that fills this gap.
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