How Outsourcing Creates Cybersecurity Budget, Expertise Options

… struggle to define exact costs because they haven’t yet developed a budget planning process for IT and IT security.

By purchasing cyberprotection for endpoints as a service, an IT security administrator knows exactly what they will receive, how much it costs and how long the service deployment will take. This is the key advantage of outsourcing – transparency, clarity, predictable results and a predetermined cost.

Another outsourcing scenario is when an organization needs to cut its IT security budget. A company needs to maintain its current level of protection, so the budget should be split wisely. Managers should clearly understand how much they spent and what they receive for the price they’re paying.

Are Businesses Ready?

Cybersecurity outsourcing in some cases is considered by companies as an option during difficult times when budgets are limited. Companies with growing IT investments strive to increase internal expertise and solve security problems internally. Perhaps they still feel uncertainty toward service providers, or they think that internal resources are easier to control.

Within our channel, we already observe that the managed service market is moving toward the development of narrowly targeted services. Providers are honing their expertise and the level of provided services. If companies continue to develop such narrow expertise internally, it will most likely be unprofitable. Therefore, we will probably soon see the opposite situation occurring, where the more a company invests in cybersecurity, the higher the specialized and effective services it consumes from the outside.

Alexander Moiseev is chief business officer at Kaspersky Lab, where he previously was chief sales officer. He leads sales and marketing globally and also has worked as head of Kaspersky’s Global Partnerships and Sponsorships team, developing global sponsorship projects and its technology and innovation investments in transportation systems cybersecurity. He graduated from Moscow State University with a degree in engineering with mathematics and cybernetics. Follow him on LinkedIn or @kaspersky on Twitter.