Benchmarking your cybersecurity budget in 2023

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Knowing which areas to focus on in a cybersecurity budget to drive the most significant business value is a must-have skill for CISOs.

Deloitte recently found that cybersecurity is core to cloud-based digital transformation, accounting for nearly 50% of the initiatives’ success. As they look at benchmarking and budgeting as the first step in driving revenue gains and advancing their careers, CISOs need to capitalize on every opportunity to link their spending to revenue gains. 



That mindset is essential for CISOs who wants to get a board-level position and show that they know how to use cybersecurity budgets to help support and drive revenue.

“I’m seeing more and more CISOs joining boards,” CrowdStrike cofounder and CEO George Kurtz said during a keynote at his company’s annual Fal.Con. “I think this is a great opportunity for everyone here [at Fal.Con and in the industry] to understand their impact on a company. From a career perspective, it’s great to be part of that boardroom and help them on the journey.”

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