This is the second blog in a series about zero trust.
Lack of requisite budget can be a major roadblock when it comes to adding a zero trust model. Why is this so much of a problem? And, how can a SOC team make the C-suite see how zero trust helps the business?
In the first blog in this series, How Zero Trust Can Help Close the Cybersecurity Skills Gap, I examined a poll conducted by Deloitte that identified four obstacles to putting a zero trust framework in place. The biggest challenge was a lack of skilled workers. Luckily, this can be fixed with a carefully selected vendor solution.
The next step is getting the budget you need.
Weighing the Numbers When Choosing a Zero Trust Model
More than a quarter (28.1%) of respondents to Deloitte’s poll said that budget was a problem. Similarly, 45% of participants in a survey conducted during RSA Conference 2020 stated small budgets were their top challenge in being able to try out new tactics like zero trust.
These small budgets appear to be tied to leaders’ doubts about the security budgeting process in general. More than half (55%) of security and technology executives tell PwC that they intended to increase their secu ..