Anna Forrester
A survey commissioned by Lockheed Martin indicates that businesses are looking toward other metrics beyond return on investment and total cost of ownership when making investment decisions on cybersecurity technologies.
The company said Monday respondents to the “Risk & Innovation in Cybersecurity Investments” survey identified cost, performance and vendor support as chief considerations for investing.
“As cyber threats increase, it is troubling to see so many cybersecurity tools purchased by organizations end up as shelfware,” said Greg Boison, director of homeland and cybersecurity at Lockheed Martin.
“When cyber dollars are scarce, organizations should not only evaluate which tools their enterprise needs, but whether they have the internal and external resources to deploy, maintain and leverage them.”
Respondents also noted as most innovative those companies that repurpose existing technologies toward bolstering security in their organizations.
Ponemon Institute conducted the study in February, polling more than 600 U.S. senior information technology practitioners about cybersecurity investments.
