Cyber Budget
As a chief technological officer your duty for your budget is split up in two sections. The
First being cyber security training, such as going over safe email use and the second part is
cyber security technology . An example of this would be a firewall or 2 factor authentication.
Cyber Security Training
In a company cyber security training is extremely important to not just increase
employees knowledge but also to raise awareness for the possible dangers that could shut
down the companies . The order of business if I were to be in charge of allocating funds would
be to invest 30% of the cybersecurity budget to monthly cybersecurity training and tests. The
reason why I would do a monthly test would be to not only test my employees but also to teach
them what not to do. The reason why training and awareness is so important is because if the
servers go down virtually every one of the employees will not be able to do their work because
of the use of technology in the workforce today.(Wallace, 2019)
Cyber Security Technology
The technology part of cybersecurity is a very vital step to running a cyber security
department. This side of cyber security is also probably the most expensive. This is because the
technology used is always evolving so you are always buying new technology to prevent
breaches. This is why I would spend 70% of my budget to buy new technologies such as the
newest softwares and in a consulting team to manage and mitigate our risk.
Conclusion
In conclusion, leading a cyber security department is a massive responsibility. It is a
large responsibility because if you mess up and allow a security breach into the company and
either client data, company data or your business needs to shut down then your company will
collapse.
References
Wallace, F. (2019, June 3). CyberUSA College Park, MD. United States
Cybersecurity Magazine.
https://www.uscybersecurity.net/cybersecurity-training-important/