Cybersecurity Costs
Financial Dictionary — Risk Management & Compliance
Definition
Expenses related to protecting computer systems, networks, and data from digital attacks.
Use cases, Example & Why it matters
Use cases
- Used in planning, organizing, and controlling business operations.
- Used when setting KPIs, policies, procedures, and improving processes.
- Used when setting KPIs, policies, procedures, and improving processes.
Example
- Example: Management applies **Cybersecurity Costs** when designing policies and monitoring performance against targets.
Why it matters
- Why it matters: Improves execution, accountability, and decision speed while reducing operational waste.