Your company has limited resources to spend on security initiatives.

When communicating security priorities in business terms, a cost-benefit analysis helps explain the value of information resources and justifies security expenditures effectively to executives.

Understanding Executive Priorities:

Executives focus on return on investment (ROI), cost efficiency, and alignment with business goals.

Cost-Benefit Analysis:

Quantifies the benefits of protecting an asset versus the cost of implementing controls.

Provides actionable insights for decision-makers.

Relevance of Other Options:

Timelines and Executive Summaries do not provide the needed financial justification.

Annual Loss Expectancy (ALE) is a metric but less comprehensive than a full cost-benefit analysis.

Strategic Alignment: Emphasizes cost-benefit analysis for aligning security initiatives with business value.

Risk Assessment and Prioritization: Stresses the need to communicate security impact in financial terms to executives.

EC-Council CISO References: