Evaluating the return on security investment (ROSI): Where’s the problem?

I have read so many articles that have tried to advise the industry on ways to analyze an organizations return on security investment (ROSI), with the majority championing the difficulties associated with it and sadly concluding that in fact there is no effective way.

Many believe that demonstrating a ROSI in the enterprise is nigh impossible because there are no metrics that measure the ROSI unless a company is attacked or security is outsourced to a managed security provider. However, I've always been astounded by this attitude, as to me it appears that the most obvious point has been completely missed; organizations must begin with information risk assessments in order to evaluate the true effectiveness of their security investment. Most of us read with interest the publication of the Information Security Breaches Survey 2002 (ISBS 2002) from the ...
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