YOU WILL NOT GET ENOUGH BUDGET WHEN YOU ARE NOT ADDRESSING RISKS IN A PROPER WAY: HERE ARE 5 MISTAKES YOU SHOULD AVOID.

YOU WILL NOT GET ENOUGH BUDGET WHEN YOU ARE NOT ADDRESSING RISKS IN A PROPER WAY: HERE ARE 5 MISTAKES YOU SHOULD AVOID.

1. You don't speak the managements language.

Why is that a problem?

Nobody buys something he/she doesn't understand and value.

The solution?

Speak a language a budget and risk owner speaks. RISKS & MONEY.

More in the post:


2. You are not presenting an accurate picture of the risks.

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Nobody cares about generic contingencies and the management don't believe they are real risks.

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Present an on-point overview about your SPECIFIC risks RIGHT NOW.

More in the post:


3. You don't quantify the risks and translate it into an amount of money.

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???????? ???? ?????? ???????????? ???????????????????? ???? ???? ???????? ?????? ??????????:

"?????? ??????'?? ?????????? ?????? ?????????????????????? ????????????????."

https://lnkd.in/e_zuMPyZ

"?????? ?????? ?????? ???????????????????? ???? ???????????????? ?????????????? ???? ?????? ??????????."

https://lnkd.in/eatDbRBm

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Always quantify if you speak to the management.

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4. You present too much information and technical details.

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A management don't care about feature bashing and "cool" technical stuff.

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Just save it. Explain it like they are 15 years old.

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5. You just show the risks without having an operational plan (incl. financials) how to mitigate the risks.

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The management hears problems all the time. They want solutions and an operational plan to reach it.

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Present an operational plan how to translate a risk into a solution.

More in the post:


If you address risks in this ways to the management, you will get more (or even enough) budget for your cybersecurity program. I would bet on it.


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