Analyzing The Total Economic Impact™ of Brinqa, featuring Forrester

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Presented by

Mark Lauritano, Syed Abdur

About this talk

Brinqa commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying Brinqa. The purpose of this study is to provide readers with a framework to evaluate the potential financial impact of Brinqa on their organizations. Join us as we welcome the Lead Forrester Consultant for the study, guest speaker Mark Lauritano, to take a deep dive into the study’s methodology, key findings, quantified results, and more. The Total Economic Impact™ of Brinqa study revealed that organizations realize benefits of $4.05 million over three years versus costs of $1.31 million, resulting in a net present value (NPV) of $2.74 million and a return on investment (ROI) of 210%, with the Brinqa Platform paying for itself in less than six months. The study quantifies benefits that businesses can achieve through using Brinqa, including: · Reduction in business process interruption – 20% to 40% reduction in business process interruptions from security patching. · Material breach risk reduction savings – 13% to 15% decline in likelihood of a breach. · Risk analysis efficiency gain – Automation of 30% to 50% of risk analysis processes. · Asset management efficiency improvement – Uncovering of 20,000 to 24,000 unnecessary device-based licenses. In addition, the study identifies several areas where businesses achieve qualitative benefits that are instrumental to the success of their cybersecurity organization: reinforced security culture, improved stewardship of assets, ability to scale security programs as needed, regular connector ecosystem expansion, and increased value from existing cybersecurity tools and investments.

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Brinqa is leading the charge for a new wave of knowledge-driven, risk-based cybersecurity solutions. Brinqa Cyber Risk Graph - the knowledge graph for cybersecurity - connects relevant security and business data, establishes common data ontology, and powers cybersecurity decisions and outcomes. Brinqa solutions apply this knowledge to uniquely inform risk management strategies, standardize data management and analysis, deliver actionable insights, and automate risk remediation. With Brinqa, businesses get all the tools they need to implement risk-based cybersecurity — packaged in a high-performance, enterprise-grade platform. Brinqa solutions evolve with the business and provide a stable, robust and dynamic cybersecurity foundation that supports and enables true digital transformation.