Financial Tools for IT and Security Investments

In this assignment, you assume you are a cybersecurity professional for an organization where this type of breach has occurred in an IoT architecture. You will now look at this problem from the cybersecurity professionals perspective to determine how to mitigate against this type of attack in the future.

Assignment Instructions

Scenario

Imagine you are an IT professional, and your manager asked you to give a presentation about various financial tools used to help with decisions for investing in IT and/or security. The presentation will be given to entry-level IT and security employees to understand financial investing. To simulate a real-world presentation, you will create a PowerPoint presentation that includes audio narration and a transcript. The presentation must define the following: cost benefit analysis, return on investment (ROI), total cost of ownership (TCO), net present value (NPV), and return on security investment (ROSI). In addition to defining these financial concepts or tools, provide an example of a cost benefit analysis use case for IT or security and examples for ROI, TCO, NPV, and ROSI. A transcript for each slide should be in the Notes section of the PowerPoint presentation.

Assignment Requirements

The PowerPoint presentation must have at least 6 slides, and each slide must include audio narration for it. Also, supply a transcript for your audio narration. For the transcript, be sure to use APA citation and formatting style.

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Sample Answer

 

Here’s an outline for a PowerPoint presentation on financial tools used to help make decisions for investing in IT and/or security. Below, you’ll find a description of the content for each slide, the audio narration for that slide, and the transcript formatted in APA style.

PowerPoint Presentation Outline

Slide 1: Title Slide

– Title: Financial Tools for IT and Security Investments
– Subtitle: Understanding Cost-Benefit Analysis, ROI, TCO, NPV, and ROSI
– Your Name
– Date

Slide 2: Introduction to Financial Tools

– Content: Overview of financial tools used in IT and security investments.
– Audio Narration: “Welcome to our presentation on financial tools for IT and security investments. Today, we will explore key concepts that help us evaluate our investment decisions, ensuring we allocate resources effectively.”

Slide 3: Cost-Benefit Analysis (CBA)

– Content: Definition of CBA and its significance in decision-making.
– Audio Narration: “First, let’s define Cost-Benefit Analysis or CBA. CBA involves comparing the total expected costs of a project against its total expected benefits. It helps organizations determine if an investment is worthwhile. For example, when upgrading a network security system, we can analyze the costs of purchasing new software and training staff versus the benefits of reduced breaches and improved security.”

Slide 4: Return on Investment (ROI)

– Content: Definition of ROI and a simple formula.
– Audio Narration: “Next, we have Return on Investment or ROI. This metric evaluates the gain or loss generated relative to the amount invested. The formula is ROI = (Net Profit / Cost of Investment) x 100. For instance, if a company spends $10,000 on a new firewall and saves $15,000 from preventing breaches, the ROI would be 50%.”

Slide 5: Total Cost of Ownership (TCO)

– Content: Definition of TCO and its components.
– Audio Narration: “Total Cost of Ownership refers to the comprehensive assessment of direct and indirect costs associated with a purchase. TCO includes procurement costs, implementation costs, maintenance costs, and operational costs. For example, if an organization purchases a cloud service, the TCO would encompass subscription fees, training expenses, and infrastructure adjustments.”

Slide 6: Net Present Value (NPV) & Return on Security Investment (ROSI)

– Content: Definitions of NPV and ROSI.
– Audio Narration: “Net Present Value, or NPV, is a method used to evaluate the profitability of an investment by comparing the present value of cash inflows with the present value of cash outflows over time. A positive NPV indicates a profitable investment. Lastly, Return on Security Investment or ROSI measures the financial return of security investments. A high ROSI indicates that security expenditures are yielding significant benefits in terms of reduced risk and losses.”

Audio Narration Transcript

Slide 1: Title Slide

No audio narration required.

Slide 2: Introduction to Financial Tools

“Welcome to our presentation on financial tools for IT and security investments. Today, we will explore key concepts that help us evaluate our investment decisions, ensuring we allocate resources effectively.”

Slide 3: Cost-Benefit Analysis (CBA)

“First, let’s define Cost-Benefit Analysis or CBA. CBA involves comparing the total expected costs of a project against its total expected benefits. It helps organizations determine if an investment is worthwhile. For example, when upgrading a network security system, we can analyze the costs of purchasing new software and training staff versus the benefits of reduced breaches and improved security.”

Slide 4: Return on Investment (ROI)

“Next, we have Return on Investment or ROI. This metric evaluates the gain or loss generated relative to the amount invested. The formula is ROI = (Net Profit / Cost of Investment) x 100. For instance, if a company spends $10,000 on a new firewall and saves $15,000 from preventing breaches, the ROI would be 50%.”

Slide 5: Total Cost of Ownership (TCO)

“Total Cost of Ownership refers to the comprehensive assessment of direct and indirect costs associated with a purchase. TCO includes procurement costs, implementation costs, maintenance costs, and operational costs. For example, if an organization purchases a cloud service, the TCO would encompass subscription fees, training expenses, and infrastructure adjustments.”

Slide 6: Net Present Value (NPV) & Return on Security Investment (ROSI)

“Net Present Value, or NPV, is a method used to evaluate the profitability of an investment by comparing the present value of cash inflows with the present value of cash outflows over time. A positive NPV indicates a profitable investment. Lastly, Return on Security Investment or ROSI measures the financial return of security investments. A high ROSI indicates that security expenditures are yielding significant benefits in terms of reduced risk and losses.”

Notes for Presentation Creation

1. Create each slide according to the outline provided.
2. Record audio narration for each slide using PowerPoint’s audio recording feature.
3. Insert the transcript in the Notes section of each slide for reference.

APA Citation for Presentation

For in-text citations or references related to this presentation, you may want to cite authoritative sources about these financial concepts. Here’s an example:

Author Last Name, First Initial. (Year). Title of Book/Article. Publisher/Journal Name.

Feel free to replace this with actual sources you reference in your talk.

This structure will guide you in creating an engaging and informative presentation while ensuring it meets your assignment requirements.

 

 

 

 

 

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