Cybersecurity Risk Assessment Cost

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What does a CyberSecurity Risk Assessment cost?      

One of the most frequently asked questions from small local businesses to large global enterprises is what does a CyberSecurity Risk Assessment cost? The average cost of a CyberSecurity Risk Assessment is impacted by the scope, size, and complexity of the IT environment, size of the organization, type of industry, number of geographic locations and data centers, and complexity of internal processes. In evaluating the cost for a cybersecurity risk assessment, many industry analysts point to the TCO (total cost of ownership). The TCO for a cybersecurity risk assessment includes the methodology and approach used, experience of the assessors, and quality of the end product. The starting cost for a typical cybersecurity risk assessment for a business with 50 employees is $10,000. Managing the cost of a cybersecurity risk assessment is of course very important – but a cybersecurity risk assessment must follow a sound approach, with experienced assessors to provide value to the organization. For over a decade TrustNet has provided cost effective cybersecurity risk assessments to multiple organizations, across industries and around the world.

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