There is often a major discrepancy between the revenue generated by Cyber-Physical Systems (CPS) and the budget allocated to securing them. Security leaders struggle to defend funding because they aren’t able to tie ROI to business outcomes.
In this on-demand session, learn how to pivot past vibes to bridge the gap between security needs and organizational finance. Drawing on real-world strategies from industrial organizations, we will explore how to move from "buying a security tool" to a procurement strategy of shared gains - like using asset visibility to identify and retire unused devices, resulting in millions of dollars in operational savings.
Attendees will learn four strategic paths to budget:
Health and Safety: Frame industrial cyber risk as "Loss of Control" events to tap into critical safety budgets.
Internal Audits: Utilize audit findings to transition from optional spend to mandated remediation.
Cyber Insurance: Leverage increasingly strict underwriting requirements to justify necessary security investments.
Regulations: Use compliance drivers and the desire to avoid SEC 8-K filings and the Office for Civil Rights (OCR) "Wall of Shame"
