How can I effectively budget for cybersecurity in my organization?
To budget for cybersecurity, start by assessing your current security posture and identifying potential risks.
What specific areas should I focus on when creating this budget?
Focus on areas like threat detection, incident response, employee training, and compliance requirements.
How much should I allocate for cybersecurity compared to my overall IT budget?
A common recommendation is to allocate 10-15% of your overall IT budget to cybersecurity, but it can vary based on your industry.
Are there any tools or frameworks that can help with budgeting?
Yes, frameworks like NIST Cybersecurity Framework and tools like Cybersecurity Budgeting Tool can provide guidance.
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