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White paper: VeriSign® Global Security Consulting, security as a competitive differentiator

Friday 20 November 2009 12:00

Until recently, investing in information security has been perceived as either a cost of doing business, or as a regulatory compliance issue. However, financial officers and chief executives are increasingly pressuring security professionals to justify IT security investments in terms of overall business goals and return on security investment (ROSI). Unfortunately, ROSI is difficult to calculate using classical return on investment (ROI) methodology, and budget justification has become difficult to demonstrate in manycorporate environments. An observable transition is underway. Current trends and empirical observations indicatethat the use of security as a marketing differentiator may be a method of justifying and/orrecouping investments in security. Consumers, business partners, corporate customers, andother organizations increasingly consider the protection of information assets—especially personally identifiable information (PII)—when evaluating companies with whom to dobusiness. When a company markets its offerings as being more secure than that of itscompetitors, it differentiates itself, allowing security professionals to present a business casefor security that addresses the traditional concerns and expectations of financial officersand other executives. In this paper, VeriSign examines security in the context of the traditional goals andconcerns of corporate decision makers: overall business strategy, ROSI, and marketmessaging.