Point Vs. Platform: Improving TCO Cost/Benefit – Patrick Benoit – CSP #177
CISOs must prioritize the intelligent selection of cybersecurity products by considering the total cost of ownership (TCO) and whether point products or platforms are best suited. This includes the costs of deployment and operations for people, processes, and technology, as well as the ongoing maintenance and support of a product. By considering the TCO of various products, CISOs can make more informed decisions and choose the products that will provide the best value for the organization. Choosing a more expensive product with a lower TCO can be a more cost-effective option overall, as these products often require less maintenance and provide better protection against cyber threats. In a market where capital efficiency is a key concern, this is an essential consideration for CISOs.
Guest
Patrick is the Global Chief Information Security Officer (CISO) for the Brinks Company. He was formerly the Global Head of Cyber Governance, Risk, and Compliance / Business Information Security Officer for CBRE and the Deputy CISO for Cheetah Digital. He has been an Executive Business Partner at Experian; a Customer Delivery Executive and Service Delivery Leader at Dell; and owned a technology consulting company. He is a highly effective Business Leader with a mastery of Technology and Security. He is also a Writer, Speaker, and a continuous Mentor/Advisor and Learner.
Host
Todd Fitzgerald has built information Fortune 500/large company security programs for 20 years. Todd serves as VP, Cybersecurity Strategy and Chairman of the Cybersecurity Collaborative Executive Committee, was named 2016–17 Chicago CISO of the Year, ranked Top 50 Information Security Executive, authored 4 books including #1 Best Selling and 2020 CANON Hall of Fame Winner CISO COMPASS: Navigating Cybersecurity Leadership Challenges with Insights from Pioneers (2019), ground-breaking CISO Leadership: Essential Principles for Success, as well as contributions to a dozen others. Todd held senior leadership positions at Northern Trust, Grant Thornton International, Ltd, ManpowerGroup, WellPoint (Anthem) Blue Cross Blue Shield/ National Government Services, Zeneca/Syngenta, IMS Health and American Airlines.