26 ◾ Information Security Metrics
metric that management is usually very interested in. In general, the more
sophisticated an organization is, the more various financial metrics are being used
to primarily determine the return on investment for various security projects or
mechanisms. In these cases, financial metrics are used to develop business cases
that justify program expenditures. Considerable research to develop better finan-
cial metrics continues. While financial metrics still suffer from a significant degree
of speculation, they are an important approach for practitioners to consider.
In a compendium of classic papers on measuring corporate performance,
respected management consultant Peter Drucker explains that, historica