TOTAL ECONOMIC IMPACT
Forrester Finds CybelAngel Delivers 359% ROI
The study reveals that a composite CybelAngel customer achieves a 359% return on investment over three years, reduces cyber insurance premiums by 10%, and avoids two major data breaches per year.
The Total Economic Impact Report provides you with a rigorous cost and benefits analysis.
CybelAngel commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying CybelAngel’s external risk protection platform.
Prior to using CybelAngel, these interviewees noted how their organizations faced increasing risks of information leakage and regulatory fines. They also lacked control over third-party vendors and partners’ security practices, and they faced surging cybersecurity operational expenses.
These limitations led to the adoption of CybelAngel. After the investment in CybelAngel, the interviewees managed to gain better control over their organizations’ external digital risks. Key results from the investment include avoiding the need to hire additional security analysts, saving on cyber insurance premiums, and avoiding costs from data breaches.
- 10% decrease in cyber insurance premiums
- Avoid 2 major data breaches worth $2.1 million
- Avoid hiring 2 FTE a $860K value over three years
- Improved governance and partner cybersecurity practices.