By Jessica Davis
– NATIONAL HARBOR, MARYLAND – Across all sectors, organizations are working tirelessly to keep pace with the ever-increasing threat landscape, often with limited resources or funds. But often leaders struggle with how to prioritize and get the most out of their security investments: especially in the healthcare sector, where limited resources and staffing issues heighten these challenges.
“At the end of the day, it’s the notion of enabling risk management programs that actually work, but work cost effectively,” Jack Jones, executive vice president of research and development for RiskLens and FAIR Institute chairman, said during his opening keynote at FAIRCON19 on Tuesday.
“If I were to ask you the question, how much does a $5 million risk management program cost? There’s more than meets the eye,” he continued. “That’s the accounting cost. What shows up on the balance sheet. The dollars being spent on managing risk are dollars that can’t be spent on the business to build revenue.”
To Jones, there’s an opportunity cost tacked onto the…
