A new tool aims to help companies figure out the potential return on IT security spending.
The Compliance IT Security Cost/Benefit Calculator is available for free on Apani Networks' web site, www.apani.com.
According to Apani, a provider of encryption-based compliance solutions, the tool is designed to help organizations get an idea of the financial benefits of security improvements that are required by various regulations.
At first, a company can use the calculator's default values, which are based on industry averages, to determine their current IT cost structure for security. Then they can provide more specific data as they develop IT security compliance strategies to provide a calculation of the financial benefits.
Organizations can create "what if" scenarios to determine the potential benefits of various compliance strategies.
The calculator is customizable by industry, country, local costs, and currency. No user data is stored by Apani.