How can organizations assess the ROI of a CTI program by evaluating metrics like reduced incident response times, threat detection accuracy, and cost savings from prevented attacks?
Share
Questions & Answers Board – CyberSecurity
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
How can organizations assess the ROI of a CTI program by evaluating metrics like reduced incident response times, threat detection accuracy, and cost savings from prevented attacks?
Organizations can assess the return on investment (ROI) of a Cyber Threat Intelligence (CTI) program by utilizing various metrics such as:
1. Reduced Incident Response Times: Measure how quickly incidents are detected and resolved before they escalate. The faster response times, the more efficient the CTI program is considered.
2. Threat Detection Accuracy: Evaluate the precision and effectiveness of threat detection capabilities. High accuracy in identifying and mitigating threats signifies a strong CTI program.
3. Cost Savings from Prevented Attacks: Estimate the potential financial impact of attacks prevented by the CTI program. This includes calculating the costs that were avoided by proactively securing the organization’s assets.
By analyzing these metrics and comparing them with the costs and resources invested in the CTI program, organizations can determine the overall effectiveness and value of their CTI efforts.