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What Should You Spend on Cybersecurity?
Updated Life Cycle Cost Estimating Factors for Cybersecurity in Business IT Systems

Starting in 2019, analysts from PRICE Systems, LLC and The Mitre Corporation conducted joint research to identify cybersecurity data and estimating methods to support development of government IT programs. We downloaded data from the OMB IT Dashboard to use for the analysis. In 2020, we presented a set of initial factors that support system development cost estimates. These factors estimate cybersecurity cost by cost category as a percent of Total Investment Cost for an IT system. Categories included cyber program management, test, documentation, certification, design, requirements analysis, risk assessment, hardware applications and software applications.

Over the last year, PRICE® has continued their portion of the research, using updated data from the OMB IT Dashboard, expanded to now also include sustainment costs for IT systems. We will expand on the updates during the presentation (Manage Cyber Ops, Recurring ATO, SW Maintenance, SW Patches, HW Maintenance), and revised the 2020 factors to reflect additional activities and programs). The revised factors for Development and Sustainment will be presented as part of the webinar, along with the statistical validation of their ability to provide defensible estimates of cybersecurity costs.

Jun 23, 2021 11:00 AM in Eastern Time (US and Canada)

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Richard Mabe
Solutions Consultant @PRICE®
Rich helps PRICE Cost Analytics™ users develop custom solutions for life cycle cost estimates and other cost analysis products. He also conducts research and helps to develop cost estimating tools for a variety of software and IT systems.Mr. Mabe has over 40 years of operations analysis experience as a civil service employee and as a federal contractor, specializing in logistics analysis and cost estimating for US government programs. He has also supported several DOD working groups focused on how to apply industry best-practices to estimate costs for SW development, cybersecurity and C4I systems integration. His experience includes hands-on data collection and cost estimating, as well as project management and cost team supervision. Mr. Mabe holds a BS Degree in Geology from Boise State University, and an MS in Logistics Management from AFIT.