Security Return on Investment (SROI)

Good Information Security practices are one of the few improvements a company can make that will actually provide a positive Security Return on Investment (SROI). The costs that a business spends on preventative Information Security practices can dramatically reduce expenses throughout the company.

Cost Savings Benefits

The benefits of Information Security for Small and Medium Businesses (SMBs) are many:

• Decreased IT support costs;
• Less virus outbreaks;
• Less wasted time from opening spam e-mail;
• Reduced downtime from data lost;
• You will be able to prove documented due care and due diligence;
• Documentation can be the difference between being compliant or negligent;
• Insurance will cover data breach costs if you are able to prove you were compliant at the time of the breach;
• Insurance will not cover data breach costs if you were non-compliant at the time of the breach;
• Improved productivity with decreased distractions; and
• Good Information Security policies reduces distractions from common issues:
• Block inappropriate web sites;
• Reduce or limit personal use (wasted time);
• Operations are more efficient with better performing network & computers;
• You can hold employees liable for what they do and fail to do on your network at with company assets;
• Better accountability of assets & resources; and
• Better educated & trained employees.

 

 

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