Pharos doesn't deliver bad news and leave you to fix it. Pharos CSO helps you achieve and show more value from existing spend, set up a roadmap of victories that matter to the Board, and articulate the business case for investment so that you gain traction.
The Board and executive leadership answer to investors, customers, insurers, regulators, and opposing legal counsel.
When the Board invest in security, they expect results.
The result they need – above all else – are:
Proof of protection from unacceptable impacts
Proof of due diligence that stands up to scrutiny
Proof of best cost options to achieve the above
Even if the Board have not explicitly asked for it…
Even if they, themselves, don’t realize it…
This is what they hired the security officer to deliver.
This is what the security officer is accountable to prove.
For the CISO, it’s been a struggle to find ways to answer these questions.
This results in a BIG GAP.
https://go.forrester.com/blogs/14-05-20-introducing_forresters_targeted_attack_hierarchy_of_needs/
Need No. 1: An Actual Security Strategy. Many organizations are running a race and they have no idea where the finish line is. If you don’t have a sound security strategy, you might fail at responding to commodity threats, and you will certainly fail at responding to sophisticated attacks. Before we jump to buying "advanced" security solutions and services, we must first understand the data and architecture of what we’re trying to protect. This is fused with external data that incorporates attacker capabilities and motivations.
https://go.forrester.com/blogs/12-12-09-expense_in_depth_and_the_trouble_with_the_tribbles/
The belief in silver bullets and “Expense in Depth” are two of the most common enterprise strategies. You start out small, but before you realize it the technology is everywhere and you are overwhelmed. It ends up in places you never intended.
Conventional approach:
Does not set a protection goal to track progress against
Investment is ad hoc or based on % of IT budget
No clear value statement on how spend is performing
Cannot defend against basic challenge from insurers, litigators or investors
Pharos System:
Starts by achieving maximum value from existing investment
Articulates strengths & lays out a path of victories that matter to the Board
Tailors a prioritized multi-year Capex & Opex plan
Tracks progress to defensible level of protection from unacceptable impact