Data Driven Decisions
One of the key benefits of Pharos platform is the ability to leverage data over time to make informed decisions about next steps and strategic investment insights. By leveraging real time data, the platform allows CISOs and security teams the ability to gauge the effectiveness of their cyber resilience and also identify potential risk areas or areas where an investment make make more sense from a KPI perspective. Instead of merely fire fighting and justifying spend based on assumptions, CISOs are now able to strategically roadmap their security investments and easily adjust and adapt as the needs of the business change.
The central hub for all
Produce a persistent and material security program that evidences what was done, what wasn’t, and why.
- A single source of truth on current state of the security program
- Continuously update current state
- Realtime reporting and dashboarding
- Guided multi-year security roadmapping
One of the biggest challenge for today’s CISO is the ability to balance the tremendous responsibility of providing the executive team as well as the governing board with the data or information that they need to make security investment decisions while ensuring that the business is protected. Without a single source of truth or lack of resources that allow CISOs to look at all implemented programs in one place, this is extremely challenging.
We deliver a detailed overview of your security programme, its main components and to what degree your highest assets are being protected based on defined threat surfaces and sophistication, by business unit, by focusing on:
Assessment of potential threat surfaces
Critical asset exposure and impact level to a breach
Analysis of actual scope & coverage versus the target
Budget allocation across main resources (people, technology, vendors)
Stakeholder engagement level
Pharos helps you to create shared accountability through data insights directly related to business outcomes.
Present the clarity and data they need to help define their risk appetite.
Be able to provide justified answers backed by data:
What assets are protected and how well protected is each business asset?
What level of threat sophistication are business assets protected against?
How cost effectively were current cyber resilience results achieved?
If we increase spend on security to X how much better protected are we?
Give the board the opportunity to prioritize:
- What assets need increased protection
- Where to increase and optimize investment
- Where to cut and reallocate investment
- Where to cut and reallocate
Beyond measuring and tracking current state it is important to show a justified and measurable plan forwards.
Pharos helps you to deliver a multi-year strategy and business plan that strongly links security investment to levels of cyber resilience. Provide visibility and set expectations with leadership regarding costs to achieve levels of protection per control and per business unit.
Aligned to an executive approved risk appetite
The details of calibration and optimization of security KPIs and investment across the control ecosystem.
Mapped against a given level of threat sophistication
Pharos is not just the ability to track and measure empirically but the ability to Inform a justified strategy by evaluating each control providing deep measurement, analysis, and reporting all directly linked to business outcomes. Inform control, and cyber resilience results.
Pharos’ Core Performance Dimensions
How much scope and coverage of protection
The efficiency of design, implementation, and operations
The level of threat sophistication security can successfully counter
The amount of time to achieve results
A Centralized View To Inform:
Strengths - what is performing well
Trends - over time the platform will be help to identify trends and look for opportunities to optimize or divest accordingly
Imbalances in protection, allowing you to make the appropriate adjustments
Overall reduction of duplication of effort across the business - a centralized view of all security programs in place across all business areas means that security teams are now able to reduce duplication of similar initiatives running simultaneously
Scale your business effectively - as businesses grow, evolve and potentially expand or make acquisitions the platform and the trend mapping it provides will allow you to strategically roadmap any new investments