2022 Planning: Metrics That Matter and Curtailing the Cobra Effect

2022 Planning: Metrics That Matter and Curtailing the Cobra Effect

During the British rule of India, the British government became concerned about the number of cobras in the city of Delhi. The ambitious bureaucrats came up with what they thought was the perfect solution, and they issued a bounty for cobra skins. The plan worked wonderfully at first, as cobra skins poured in and reports of cobras in Delhi declined.

However, it wasn’t long before some of the Indian people began breeding these snakes for their lucrative scales. Once the British discovered this scheme, they immediately cancelled the bounty program, and the Indian snake farmers promptly released their now-worthless cobras into the wild.

Now, the cobra conundrum was even worse than before the bounty was offered, giving rise to the term “the cobra effect.” Later, the economist Charles Goodhart coined the closely related Goodhart’s Law, widely paraphrased as, “When a measure becomes a target, it ceases to be a good measure.”

Creating metrics in cybersecurity is hard enough, but creating metrics that matter is a harder challenge still. Any business-minded person can tell you that effective metrics (in any field) need to meet these 5 criteria:

Cheap to createConsistently measuredQuantifiableSignificant to someoneTied to a business need

If your proposed metrics don’t meet any one of the above criteria, you are setting yourself up for a fantastic failure. Yet if they do meet those criteria, you aren’t totally out of the woods yet. You must still avoid the cobra effect.

A case study

I’d like to take a moment to recount a story from one of the more effective security operations centers (SOCs) I’ve had the pleasure of working with. They had a quite well-oiled 24/7 oper ..

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