Unfortunately, your browser does not support our website's current technology. Please use Microsoft Edge, Google Chrome, Mozilla Firefox or Apple Safari.

УРА

Ви успішно зареєструвалися

BDO in Ukraine: How to Get the Best ROI From Your Cybersecurity Budget While Reducing Risk

BDO in Ukraine: How to Get the Best ROI From Your Cybersecurity Budget While Reducing Risk

Cybersecurity budgets are increasing across today’s digital economy, but organizations continue to encounter incidents, recovery delays, and transformation issues. The core problem isn’t budget size — it’s making sure that spending truly reduces risk and boosts business performance.

IDC research: reveals that nearly 50% of organizations have flexible budgets, yet still suffer more than five incidents each year. Clearly, a healthy budget alone won’t ensure resilience — it’s all about how the money is allocated.

Five key strategies to get the most from your cybersecurity investments:

  • Prioritize risk-based investment
    • Identify the threats that matter most (such as ransomware, insider risks, and supply chain vulnerabilities) and allocate resources to address them first. Risk assessment should drive budget decisions.
  • Invest in operational readiness
    • Organizations with 24/7 monitoring and response capabilities detect and contain threats faster. It is essential to invest in continuous monitoring, automated detection, endpoint security, and incident response.
  • Rationalize your tech stack
    • Too many tools create complexity and inefficiency. Consolidating solutions improves visibility, lowers costs, and drives efficiency.
  • Run cyber simulations
    • Build critical skills (governance, risk modelling, employee training) within your organization. With GenAI on the rise, new training and control approaches are essential.
  • Track leading indicators, not just results
    • Beyond incident frequency and cost savings, monitor detection speed, patching timelines, and training effectiveness for a clearer view of maturity.

Future budgeting

Budgeting should evolve into a strategic process, aligning investments with measurable gains in risk mitigation, faster recovery, and successful transformation. Organizations should review budgets regularly, embrace automation, implement focused strategies for GenAI risks, and reinforce third-party risk governance.

Download the full report on our website.

Use Cyber Risk Analyzer tool to assess your current cybersecurity status and pinpoint areas for growth

Reach out to BDO in Ukraine for professional advice on optimizing your cybersecurity budget, managing risks, and deploying strategies that deliver results. Our team will help you turn your cybersecurity investments into measurable business impact.

Official Service Providers