Financial Return on Investment Considerations for CFOs, Healthcare CIO/CISOs, and Risk Management Leadership
Many healthcare organizations remain mired in a legacy approach to cybersecurity. Largely the budget focus is on classic IT tools such as firewalls, IDS/IPS, Anti-virus and malware protection, data-loss prevention, and others. The Ponemon Institute’s annual studies on the cost of cybercrime found that most organizations invested in perimeter controls when what had the biggest return on investment (ROI) was related to security artificial intelligence systems, machine learning, and automation. Also highly ranked in terms of ROI were the use of cybersecurity behavioral analytics.
Cylera has demonstrated financial benefits and strong ROI use cases which will be shared in this summary. Examination of these use cases and potential cost savings may cause executives who are reviewing technology renewals to consider the value of changing to Cylera’s solution.
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