Decoding Cybersecurity Challenges in the Cloud Era
According to 2023 Cost of Insider Risks: Global study by Ponemon Institute, 55 percent of insider security incidents experienced by organizations represented in this research were due to employee negligence and the average annual cost to remediate these incidents was $7.2 million. The report also highlights that organizations take an average of 86 days to contain and resolve such incidents.
As more employees are working from home today than ever before, insider threats will continue to increase. IT stakeholders and business leaders must consider ways to mitigate insider security threats, protect sensitive corporate data, and adapt cybersecurity strategies to the accelerated pace of changing policies, regulations, best practices, standards, and procedures. This is where cybersecurity benchmarking can help.
What is Cybersecurity Benchmarking?
Cybersecurity benchmarking is a multi-faceted procedure that provides an independent perspective to help organizations understand where their cybersecurity capabilities lie on the digital maturity curve, both in absolute and competitive terms.
The insights are based on benchmarking the client’s cybersecurity capabilities against peers and the best in class across industries. This helps organizations learn where gaps in their cybersecurity environment are vis-a-vis the competition, so they know where to invest their time, effort, and resources to maximize the value and performance of their IT initiatives.
Trianz’ Approach to Cybersecurity Benchmarking
Our cybersecurity benchmarking services are powered by over 1.5 million data points, along with primary research and further data collection capabilities. With access to business leaders across more than 40,000 companies from various-sized segments, industries, and geographies, we can quickly gather fresh perspectives to address any relevant questions that may improve the cost or performance of your cybersecurity.
Using a data-driven approach, as well as a series of comprehensive surveys, we establish a multi-stage model we call the “Digital Enterprise Evolution Model” or DEEM.
Digital Enterprise Evolution Model™ — Cybersecurity Capability
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Our DEEM for cybersecurity allows us to measure and execute performance benchmarks in terms of:
Compliance and audit
Control and evidence management
Identity and access management
Infrastructure support
Anomalies detection and management
Security continuous monitoring
Cybersecurity training
Threat assessment and response
Self-defending AI & ML security systems
Secure SDLC and SecureDevOps
How Clients Are Using Our Cybersecurity Benchmarking Services
Develop Unique Capabilities
Combine business and technology data to measure maturity relative to industries, leaders, best practices, and others.
Find Existing Data Value
Leverage millions of data points compiled by teams of analysts and data scientists to take a data-driven approach.
Support Product & Service Positioning
Garner enterprise-wide support by removing bias in the launch of a new idea or concept.
Combine IT and Business Data
SecOps teams can qualify and quantify methods and processes to support business objectives and invest in supporting directions.
Compare Best Practices
Identify deviations from best practices across more than 2000 IT elements.
Identify Competitive Positioning
Support cybersecurity strategies with tangible data based on fact and findings — not opinion and conjecture.
Leverage Strengths of Digital Champions
Find out what digital champions are investing in to learn what’s really making the difference.
Improve Through Actionable Insights
Form simple insights that can be prioritized and put into action to optimize cybersecurity spend and performance.
Cybersecurity Benchmarking Methodology and General Timelines
When utilizing our cybersecurity benchmarking services, clients go through a combination of comprehensive surveys and interviews with leaders in your organization. Data is entered into a repository and analyzed in comparison to peer companies and leaders across industries. For a business or an IT function, we can complete our process and provide a customized report within six to eight weeks.
The Advantage of Trianz’ Cybersecurity Benchmarking Services
At Trianz, our cybersecurity benchmarking experts go beyond using competitive data to replicate best practices or what worked in the past. Unlike the typical approach to benchmarking, we do not simply rely on taking a defensive posture. We start with goal setting and then put performance metrics in place to achieve those goals.
To support service selection, we perform in-depth analysis to measure performance gaps, list areas for improvement, and highlight various performance standards based on your organization's unique context.
Our competitive approach to cybersecurity benchmarking allows us to identify better practices so that our clients are not just falling in line with industry standards, but finding new and innovative ways to leap ahead of the competition.
