How can you give yourself as much flexibility as possible to decide when to go with best-of-breed capabilities? How do you ensure you're not sacrificing the quality of your security solutions at the altar of vendor consolidation?
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Director of IT in Healthcare and Biotech7 months ago
Understanding your requirements is key. You have all the flexibility you want until you make a decision. Therefore, it's crucial to understand what you're trying to decide on and how you're going to make that decision. It's also important to build deliverables into your agreements. If you do this correctly, you'll have a way out if things don't go as planned. If you don't, you'll be locked in, making it more difficult to change vendors if necessary. Understanding what you're trying to solve and the issues with your current solutions will give you the flexibility to make decisions. Ultimately, you should choose a vendor that can meet most of your needs to a satisfactory level. This will give you enough flexibility to decide whether you want the best of breed or more consolidated solutions.Director of Information Security in Services (non-Government)7 months ago
When choosing a vendor, it's important to take into account all of your internal requirements. This includes whether you're moving towards cloud-based solutions or developing an arm in your organization. You should stand up all your vendors, present them with your list of business requirements, and ask how their toolset can address these requirements. It's also important to ask whether they can deliver these solutions without adding additional skews to their product. Ideally, you should be able to configure their product to address all of your new and existing business requirements.CISO in Finance (non-banking)7 months ago
It all comes down to regular vendor reviews and assessments, regardless of whether you're locked into an agreement with a vendor or not. It's crucial to determine whether the vendor is covering what you want and where you want to be. This involves defining your needs through assessments and reviewing them on a routine basis. Each time you have a vendor renewal, you should reassess everything, as your risks and vulnerabilities are constantly changing. This comprehensive assessment will allow you to decide whether it still makes sense to stick with your current vendor or if it's time to switch to a new vendor who can provide something better.