The New CISO Podcast

Episode 2: The Ins and Outs of Budgeting

Andrew Wild, CISO at QTS Data Centers, talks about building an IT security budget, the challenges of prioritizing resources to balance risk, and the value of cooperation–something often more difficult to obtain than the budget itself.

Building a budget

Managing an IT security budget isn’t just about spreadsheets and internal procurement processes, it’s about understanding your organization’s business priorities. Add to that, the management of your vendors and VARs with which you work. A CISO’s focus is to protect the organization and measurably reduce risk, which often requires the acquisition of technology. However, those decisions aren’t just about tech. There’s a lot of management planning that must occur. The combination of transparency, forecasting and relationship building is good for business.

Steve and andrew also talk about understanding how your organization budgets for certain things, as well as:

  • Managing your budget
  • The value of cooperation
  • Financial forecasting tips
  • What makes for a good VAR
  • Building a better relationship with sales

Check out the full episode here, and if you like the show, remember to review, rate us and subscribe to get new episodes when they drop.

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More About Andrew Wild

Andrew Wild is CISO of QTS Data Centers. As an information security and risk management executive with over 25 years of experience, he has built and managed numerous corporate information security programs and is known for leading by example with a positive and energetic attitude.