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According to Platos book Republic, necessity is the mother of all invention.

When we need something, then we have the impetus to make it happen.

Forcybersecurityteams, the need at the moment is around how best to work with the business.

This is more than the previous three years combined, yet spending has not grown at the same rate.

Secondly, the wider business environment is changing.

Business leaders today are focused on profitability rather than growth, due to the generational change in interest rates.

The impact from this?

Organizations are trimming any fat out of their operational costs, and that includes spending on security.

While they wont cut spend, the rate of growth will be much lower over time.

To achieve this, the focus has to be on business risk.

Does this sound obvious?

Isnt that why we spend this budget on security, to protect the business?

The challenge here is that what you think of as risk may not be the same as the board.

Chief Risk Technology Officer at Qualys.

That value is the elimination of risk that blocks the organization from succeeding in its mission or purpose.

The first stage is how to measure cybersecurity risk across every attack surface.

Bringing all thisdatatogether in one location makes it easier to understand what activity is taking place across the team.

Using this data, you’re able to communicate cybersecurity risk to the business based on value.

For example, what combinations of assets, threats, and vulnerabilities are most likely to disrupt services?

Alongside this, you’ve got the option to improve your security processes to remove or eliminate risks.

On the remediation side, patching vulnerabilities is the most efficient approach to solving these problems.

Automating patch deployment speeds up this process further.

It is no longer enough to focus on making the business secure against all possible threats.

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The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc.

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