My Distribution of My Company’s Budget
Overview
I believe it is very important to make sure that there is a balance between each branch of a
cybersecurity department, especially with limited funding. You want to make sure that no
branch is funded inadequately because it can cause the downfall of the company risks you of
cyber-attacks. I will try to rectify this and make sure that all my branches of the company have
the required resources and lay down a foundation that can be built up over time when more
money is available.
Employees/Training
Employees are the most important part of a company. These are the people that are constantly
working with data and need to be trained accordingly. Employees are often the weakest link in
an organization’s cybersecurity defenses, and investing in training can help them respond to
threats and attacks more efficiently. I would allocate around 30% of the funding to training and
20% to their pay. It needs to be made sure that the employees are trained very well to make
sure they aren’t the company’s downfall. I would prioritize their training to learn how to defend
against hacking attacks such as phising and brute force attacks. If they can defend the company
or at least recover quickly after an attack, the company will be able to flourish and make more
money to allocate.
Technology
Then the rest of the money will be going to the technology we have available. Technology is
what makes the cybersecurity company and if it is lacking then it will be very hard to get any
business and defend against hacker attacks. It’s important that we have up to date technology.
As I said before, however, technology isn’t everything and hackers will always find a way to get
around it as it progresses that is why it is so important that we make sure that both the tech and
the employees are given enough resources to be successful.
Conclusion
In conclusion, striking a balance between spending on technology and acquiring personnel is
essential in the end. Both are crucial components of a robust cybersecurity strategy, and
investing in them in the sequence that best addresses the needs and threats particular to your
business will help you make the most of your limited funding.