Which type of analysis helps assess the value of security measures?

Cost Benefit Analysis is particularly useful in assessing the value of security measures because it systematically compares the costs associated with implementing specific security controls against the benefits they provide, which typically include reduced risk, potential loss prevention, and improved security posture. This type of analysis allows organizations to determine whether the financial investment in security measures justifies the benefits, and if they should proceed with a particular strategy or control based on its effectiveness and efficiency.

In practice, organizations can identify the potential costs of security breaches or incidents and weigh those against the expenses of preventive measures. This analysis not only aids in making informed decisions regarding security investments but also helps in justifying budgeting requests to stakeholders by illustrating the tangible benefits gained from security expenditures. The broader context of risk management also complements this assessment, as understanding risk levels can further inform the potential returns on investment from specific security controls.