How to Achieve 25% Cost Savings with a Cybersecurity Assessment
A client organization required a comprehensive assessment of its cybersecurity posture to understand its risk profile and prioritize the necessary cybersecurity measures to enhance its risk ranking and security posture moving forward.
IANS Research offers security maturity assessments to evaluate an organization’s adherence to established frameworks such as the cybersecurity framework. These assessments yield a risk ranking, an overall cybersecurity score, and prioritized recommendations—all designed to enhance the organization’s security posture. By successfully implementing these recommendations, organizations can improve their security programs and achieve better results in future assessments.
Assessing Security Posture to Identify Risks
The client organization needed to better understand what, how, and where its cybersecurity efforts were lacking. It engaged with IANS to receive a cybersecurity assessment in which our experts determined what steps could be taken to improve the organization’s security posture. By prioritizing recommendations, IANS enables the organization to move toward its goal of achieving a better risk ranking and an improved cybersecurity profile.
Cybersecurity maturity assessments by IANS not only strengthen an organization's security posture but also yield unexpected financial benefits, such as reduced cyber insurance costs, demonstrating the multifaceted value of investing in cybersecurity.
Organization Achieves 25% in Cost Savings
In the following year, a reassessment by IANS revealed that the client's cyber insurance costs had decreased by 25%, despite the rising costs in the industry. This financial benefit was an unexpected outcome of the assessment, highlighting the tangible advantages of improved cybersecurity measures.
- Enhanced Security Posture: The assessments contribute to a more robust security framework and provide measurable improvements.
- Cost Savings: Organizations can achieve significant cost reductions on cyber insurance as an indirect result of improved cybersecurity.
- Long-term Value: The assessments offer both immediate and enduring benefits by aligning security practices with industry standards and reducing overall risk.
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