Cost reduction

As explained in Data-Driven Cybersecurity

A measurable reduction in expenditure or avoided cost resulting from an action, investment, improved efficiency, or avoided losses.

How Data-Driven Cybersecurity covers it

How deep it goes

Frames savings from preventive security but does not specify a calculation method.

Examples

Uses savings achieved through preventive security as a CFO-facing example.

What you can do after

Apply cost reductions to explain security savings and return on investment to finance stakeholders.

How it connects

Connects cost reductions to return on investment, preventive security, and stakeholder communication.

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Related concepts

• containmentmeasured by · Containment is the proportion or number of customer interactions completed without human involvement.
• business goalkind of · A business goal is a desired organizational outcome that guides decisions, priorities, or resource allocation.

This explainer was generated by Manning's knowledge graph from the text of Data-Driven Cybersecurity. The section links point to the parts of the book it draws on.