Cost Savings and Business Benefits Enabled by Threat Stack
When investing in cloud security platforms and services, businesses naturally want to measure ROI beyond number of deterred attacks. After all, effective cloud security also protects customer data, intellectual property, organizational resources, organizational efficiency, and team productivity — all of which impact your bottom line.
Recently, we asked Forrester Research group to do a total economic impact study of Threat Stack. Their findings? Businesses that use the Threat Stack platform and services are saving more than $900,000 over three years due to reduced risk, improved productivity, and lowered hiring costs. The Threat Stack Cloud Security Platform® offers complete security observability across your infrastructure. So not only can you identify intrusions or threats, but you can also identify and change risky behavior to improve your baseline security posture, which leads to a greater ROI over time. In fact, Forrester found that Threat Stack customers had an average ROI of 178% over three years.
Impact Beyond the Cloud.
Forrester discovered that, just by reducing the risk of data breaches, Threat Stack saved companies $235,008 over three years. Additionally, the Threat Stack Cloud Security Platform and Threat Stack Cloud SecOps Program℠ addressed organizational challenges and provided benefits beyond identifying threats, intrusions, and attacks. Forrester found that companies using Threat Stack had greatly improved mean time to detection (MTTD), better detection due to reduction in false positives, and faster investigation time due to improved visibility. Plus, Threat Stack helped businesses meet the compliance standards of auditors and customers, leading to a shorter sales cycle and more revenue opportunities. These improvements in productivity and compliance helped companies save $314,044 over three years.
“Our MTTD dropped from days to literally seconds and minutes. It’s ridiculous and one of my favorite things about Threat Stack.” — Lead Security SRE, digital product design platform
Threat Stack Services Nearly Double the Benefit.
With the services in the Threat Stack Cloud SecOps Program℠, our cloud security experts become part of your team. We monitor your Threat Stack Cloud Security Platform and investigate high severity alerts on your behalf. We eliminate false positives and give you the information needed to take action. Forrester Research found that, as a result, businesses reported a 99% reduction in the number of false positives per year.
“One of the alternatives we looked at resulted in so many false positives, it was unusable. We were constantly chasing false positive ghosts.” — CISO, data management platform
Talent Hard To Find? Recruit Threat Stack Instead.
Finding security professionals with expertise in cloud security is difficult and expensive. Forrester Research found that the Threat Stack SecOps Program helped companies keep headcount low, which reduced hiring and employment costs by $383,911 over three years. By leveraging Threat Stack’s expert security team, customers nearly doubled the economic impact of Threat Stack on their businesses.
“Finding security talent is difficult. There’s not enough out there for the demand. Threat Stack professional services solved this problem for us; the SecOps Program has been like having a security expert as an extension of our team.” — Threat Stack services customer
Conquering the Cloud With Threat Stack.
The Threat Stack Cloud Security Platform and Threat Stack Cloud SecOps Program are helping businesses conquer the cloud, and the return on investment is clear. Read the full report to see how you can reduce risk, lower headcount, and improve productivity with Threat Stack.
For complete details, please download your copy of the report.
The post The Economic Impact of Threat Stack – A Forrester Research Study appeared first on Threat Stack.
*** This is a Security Bloggers Network syndicated blog from Blog – Threat Stack authored by Natalie Walsh. Read the original post at: https://www.threatstack.com/blog/the-economic-impact-of-threat-stack-a-forrester-research-study