Corporate security teams face an ever-expanding juggling act, tasked with protecting their people, assets, and reputation from insider and external threats. These objectives are like a circus juggling act—if any balls are ignored even for a moment, they could come crashing down. As the size and complexity of this act increases, so too does the need for efficient, effective security measures. This is where automated open-source intelligence (OSINT) tools come into play, offering a powerful solution for corporate security teams looking to maximize their impact with existing resources.
So, how can security professionals convey the true value of these tools to their colleagues who control the budget? In this second installment of our ROI series, we'll explore how to quantify the value of an OSINT solution in the context of a Fortune 500 corporate security team responsible for operations like loss prevention, executive protection, insider threat mitigation, and event security. Using a hypothetical example of a large U.S. company, we'll also demonstrate the potential cost of not investing in such a tool.
As a quick refresher, ROI stands for Return on Investment. When a large organization invests in personnel or tools, it expects that investment to yield more value than its initial expenditure. For corporate security decision-makers, understanding the ROI of OSINT tools means assessing whether the allocated funds will help their teams work more efficiently, minimize security incidents, or reduce potential losses.
Let's calculate the ROI of automating OSINT workflows with an example based on a Fortune 500 company's security operations. In this scenario, the company has a dedicated security team of eight analysts operating 24/7/365 to detect threats as well as a dedicated investigator who spends half of their time on OSINT investigations, with the following setup:
With an automated tool, the analyst team would passively receive alerts on potential threats without needing to constantly check multiple sources, allowing them to work on other important tasks. All the team has to do now is spend one hour per day reviewing alerts and building out any new search parameters. In-depth investigations can now be completed in only 15 minutes each when using the automated tool, a huge improvement over the four-hour manual time, meaning that the investigator only has to spend one hour per week to complete their four investigations.
To calculate the company's ROI, we'll use the formula: (Value of Benefits - Cost of Investment) / Cost of Investment
ROI = ($766,450 - $150,000) / $150,000 = 411%
This means that for every dollar invested in the automated OSINT solution, the company would observe a return of $4.11 in cost savings and efficiency gains.
As demonstrated above, the adoption of an automated OSINT platform can lead to significant improvements in both cost efficiency and operational capacity:
These improvements allow the security team to be more proactive in identifying and mitigating threats, preventing costly security incidents before they impact the business to protect the company’s bottom line.
Guided by the example above, you can calculate how much time and money your team spends on their OSINT workflows. How much time are you spending on manual processes? And how much time could you save if you switched to an automated method?
No matter what process your team currently relies on, they could do more with an automated one. With industry-leading data sources and AI-driven automation, Skopenow helps corporate security teams make the most of their time and money. Want to see how? Schedule a demo.
Join over 1,500 organizations, including 20% of the Fortune 500, that rely on Skopenow's automated OSINT platform to automatically collect and process relevant publicly available information, make better decisions, and enhance their security posture. Learn more and schedule a personalized demo today at www.skopenow.com/try.