Step Zero™ Frequently Asked Questions (FAQ)
Introduction
This is a list of Frequently Asked Questions (FAQ) about SecuriThink Step Zero, a field-tested cyber tool for business decision-makers which provides a financial estimate of the cost to achieve a cybersecurity stance reasonable for both risk management and most compliance requirements.
For publicly held companies, most of the inputs are publicly available data. The report can often be generated in 72 hours rather than weeks or months for typical methods.
Forged in Mergers and Acquisitions (M&A), this report is wielded by Compliance for data-driven decisions with a verified level of accuracy.
General
Q: Why is the report called “Step Zero”?
A: The typical approach to develop a cost estimate for a cybersecurity project begins with a Gap Analysis. This is traditionally Step One.
The report is called “Step Zero” because it happens before Step One.
It delivers an early financial estimate with a verified level of accuracy to support a data-driven business decision.
Q: What is included in a Step Zero report?
A: Estimates
One time spend and recurring costs
Spend detail by timing intervals to support financial forecasts
Spend detail to support expense versus capital cost forecasts
Spend detail by typical project milestones
Project duration
Verified Accuracy
Based on 12 Fortune 500 deals estimated over 8 years
Several deals were tracked to completion (14-36 months later) to verify the range of accuracy of the original estimate
Q: What costs does a Step Zero report cover?
A: Step Zero includes all the costs for Step 1 (Gap Analysis), Step 2 (Design & Plan), and Step 3 (Execute), and recurring costs.
Step Zero is a rapid estimate of the cost to achieve and maintain a foundational level of cybersecurity.
It assumes a pragmatic level of cybersecurity which:
- Meets the requirements currently in many customers’ contracts
- Satisfies most regulations
- Demonstrates sound practices to satisfy cyber insurance policy underwriters
- Includes just enough policies and procedures to support repeatable processes and fundamental technical controls
- Gives a level of overall business risk reduction that buys time to decide if even more security has enough value for business goals or if that’s hitting diminishing returns
Q: What is not included in a Step Zero report?
A: Step Zero is specifically engineered to accomplish three things: speed, verified accuracy, and cybersecurity estimates for both cost and schedule. It does not include advanced protections (e.g., protection against Advanced Persistent Threats (APT), zero trust architecture, secure by design culture).
Since scoping is a critical success factor, further details are part of the Step Zero report which can be previewed by qualified clients under our confidentiality agreement.
Q: The Step Zero process focuses on bringing the target organization to a pragmatic level of cybersecurity. How is that measured?
A: A 5-point maturity scale is widely used; an organization can pick a framework and apply it. The SecuriThink team has experience with the Gartner IT Score which is based on the Capability Maturity Model Integration (CMMI) framework.
Read more about the Step Zero cybersecurity maturity target here.
Q: How is the accuracy of a Step Zero report verified?
A: Step Zero was forged by a Chief Information Security Officer (CISO) who had ultimate accountability for the cybersecurity gap no matter what the estimate said; he was highly motivated to be accurate.
Verification is based on 12 Fortune 500 Mergers and Acquisitions (M&A) deals over a period of 8 years with several deals closely tracked to completion 14-36 months later. Having tracked the results over a long period and leveraging our insider’s access to real data to get past the post-deal tendency to over- or under-report costs, this judicious follow through to verify accuracy is a unique dimension of the Step Zero capability.
With more information, or “Black Box Plus” option for inputs, we expect higher accuracy but do not offer a specific confidence interval. Meticulous data collection over long duration projects is difficult to impossible without insider access to time and cost-tracking systems.
Q: How can you know what the schedule is going to be when we don’t know when we can begin?
A: The estimate is of project duration. For M&A the start date is usually when the deal closes. In general, the start date is when the gap analysis (Step One) begins.
Q: How does the accuracy of the Step Zero report compare to what the typical process provides?
A: In our experience accuracy of the resource estimate improves with progressive phases. Accuracy can be expected to improve as shown in the table below. We share the verified accuracy of Step Zero with qualified customers under a Non-Disclosure Agreement
Q: For what kinds of companies does Step Zero apply?
A: Step Zero was created and its accuracy verified in Engineering and Manufacturing organizations ranging in headcount from 50 to 12,000
Q: What are the inputs to a Step Zero report
A: Black Box option – is a handful of parameters which, for a public company are usually publicly available
Black Box Plus option – adds another handful of parameters
Q: What is the client level of effort to gather the inputs for Step Zero?
A: Black Box option – 1 hour or less
Black Box Plus option – 1-3 hours
Q: How can you generate a Step Zero report with so few inputs?
A: Our decades of extensive experience with Steps 1, 2, and 3 coupled with judicious tracking of 12 M&A deals from transaction to transformation allows us to provide estimates with a known range of accuracy.
Q: Why do business decision-makers need a cyber tool?
A: Cybersecurity risk has new and costly implications for a growing number of business decisions as both regulations and customer contractual requirements for cybersecurity are rapidly increasing in addition to the ever-changing criminal threat landscape.
Some of the greatest urgency is driven by the U.S. Department of Justice (DOJ) Civil Cyber Fraud Initiative (CCFI) to prosecute gaps with existing requirements and the strong resolve signaled by Department of Defense (DoD) rulemaking to certify compliance with their existing contractual requirements (Cybersecurity Maturity Model Certification or CMMC). The DoD is taking the lead while many other federal agencies are watching closely; the mandate to protect Controlled Unclassified Information (CUI) is government-wide.
An example of a broader trend is the Securities Exchange Commission (SEC) adoption of new rules effective September 2023 for cybersecurity risk management, strategy, and governance in public companies.
Q: How is a Step Zero report used?
A:
Q: What materials are publicly available about Step Zero? What’s available if a Non-Disclosure Agreement (NDA) is in place?
A: Step Zero™ Publicly Available Materials
- SecuriThink.com website
- Value Proposition one pager
- FAQ – public version
- Presentation from / discussion with a SecuriThink advisor
Step Zero™ Materials under NDA
- Guided tour of NDA materials
- FAQ – NDA version
- Input description
- Report Template
- Report Authorization Form
Mergers and Acquisition (M&A)
Q: How does Step Zero address the buyer risks associated with M&A?
A:
- Prepare to hit the ground running as soon as the deal closes. An honest gap analysis (Step One) is nearly impossible before the close date, making the known accuracy and advance delivery of the Step Zero report an ultimate edge. Step Zero identifies the resources needed on day one and for all that follow so all the business and technology stakeholders can align. Avoid losing time to close the inevitable gaps a smaller, less mature company brings because this is also a jump start for Step One toward execution.
- Engage business decision-makers with the big picture. Step Zero provides a top-down outline to avoid the drip, drip, drip water-torture business leaders complain about when resource requirements are built from the bottom up during Steps 1, 3 and then 3. With one report, you can address the costs for closing the security gaps at the same time as regulatory and customer contract gaps to avoid penalties or lost contract opportunities
- Avoid being a day late and a dollar short. Without Step Zero, you start justifying the resources to begin after the deal closes
Q: How often has the Step Zero cost estimate killed a Mergers and Acquisitions (M&A) deal?
A: Never. It has informed a new price point in some cases. When deals have fallen through, it has never been due to the cost of cybersecurity.
Q: How does Step Zero address due diligence?
A: Step Zero estimates the cost of both due diligence and mitigation.
Step Zero is not a substitute for due diligence; it plans for and increases the likelihood of proper due diligence
Q: How is Step Zero different from Bitsight, Black Kite, UpGuard, etc.?
A: These services provide a cybersecurity risk score based on the security posture (e.g., vulnerabilities, misconfigurations) of the company’s Internet-facing systems and dark web data. They provide a gauge of how “hackable” are the Internet facing systems of a company.
In comparison, Step Zero gives a financial estimate of what investments are needed to bring the company’s overall security posture, not just the Internet-facing systems, to a practical level.
Federal Contractors
Q: Is the DoD SPRS* Score a deliverable of Step Zero?
A: The calculation of this score is not actually performed during Step Zero; the Step Zero estimate includes this task, if required, to be done during Step One, the Gap Analysis Phase
*A Supplier Performance and Risk System (SPRS) score must be calculated using Department of Defense Assessment Methodology (DoDAM) as required by federal contracts with a DFARS 252.204-7012 and -7019 clause
Q: How does Step Zero apply to CMMC* Level 2?
A:
- Step Zero answers the question: “How much will it cost my organization to meet CMMC Level 2 requirements?”
- It focuses on the cost of implementation of the requirements. It does not include the cost of preparing for a CMMC assessment such as gathering evidence and doing dress rehearsals with relevant staff, nor the cost of the assessment by a CMMC Third Party Assessment Organization (C3PAO)
*CMMC = Cybersecurity Maturity Model Certification
Q. Step Zero was created for Mergers and Acquisitions (M&A); why is it relevant to CMMC*?
Step Zero was forged in an environment where the Department of Defense (DoD) was the primary customer driving cybersecurity contract requirements. While the Fortune 500 organization which inspired this approach was itself meeting DoD requirements, as it continued to acquire new companies that were less prepared, Step Zero was forged specifically to measure the costs to close the cybersecurity gap of each new acquisition target. Step Zero was forged by M&A yet it’s a powerful tool to be wielded by compliance.
*CMMC = Cybersecurity Maturity Model Certification
Q: How is a Step Zero report different from a vendor proposal, such as one from a Managed Services Provider (MSP)?
A: Even the most comprehensive MSP has a Shared Responsibility Matrix (SRM). There are some responsibilities that always fall to your organization.
Step Zero was created to address all the costs your organization incurs during Steps 1, 2, 3 and recurring costs; that’s both sides of the SRM, not just the part a vendor proposes to do.
Q: How does Step Zero address CMMC* Level 3?
A: The Step Zero report covers the investment to achieve CMMC Level 2 and SecuriThink advisors have worked with clients on a consulting basis to describe and estimate the work to go beyond Level 2 and achieve Level 3. While our experience at achieving a level of security maturity comparable to Level 3 gives us more background than most consultants to address this question, we make a clear distinction between the verified accuracy of a Step Zero report and our best effort at accuracy as consultants.
*CMMC = Cybersecurity Maturity Model Certification
Q: How does Step Zero address Department of Energy (DOE) cybersecurity requirements?
A: Our experience writing DOE plans for clients has been they have guidance on the general direction and content but are not accountable to implement specific controls; it is up to the organization to decide how much is enough.
Step Zero assumes a pragmatic level of cybersecurity which shows due diligence to the DOE while giving a level of overall business risk reduction that buys time to decide if even more security has enough value for business goals or if that’s hitting diminishing returns
More about Step Zero™
Cost of CMMC: Conquer the Fear OF Finding Out
What will CMMC (Cybersecurity Maturity Model Certification) cost your organization? Many Defense contractors have a Fear Of Finding Out (FOFO) due, in part, to the traditional approach where sunk costs add up before an estimate is produced. A SecuriThink Step Zero report answers the question with a verified level of accuracy in as little as 72 hours. Want to know how we do it?
(5 minute read)
Step Zero™ Rapid Cybersecurity Cost Estimates
This unique approach, with a known range of verified accuracy, was first field-tested on 12 Fortune 500 Merger and Acquisition (M&A) deals yet it also supports data-driven investment decisions for cybersecurity compliance.
Cyber Risk is a Top Business Risk
In 2023, cybersecurity again ranks among the top of all business risks, as it has consistently done for many years.
We don’t expect the relative importance of cybersecurity on your Board or C-suite agenda to hinge on whether cybersecurity ranked #1 or #8 in some study. Our point is that in multiple studies which survey long lists of enormous risks facing our world and your business, cyber ranks predictably in the single digits and often the top 3-5.
(5 minute read)
Intangible Assets are Driving Cyber Risk
• Intangible assets are increasingly important in total company value.
• Intangible assets are in the crosshairs of cyberattacks.
This one-two punch is driving cybersecurity into a more critical role in protecting company value.
Evidence that the game has already changed is showing up in Mergers & Acquisitions (M&A), owner exit strategies, credit ratings, and cyber insurance.
(5 minute read)
Avoid M&A Buyer’s Remorse from Cybersecurity
Cybersecurity is a significant driver of buyer’s remorse in Mergers and Acquisitions (M&A). That’s no surprise when more than half of all companies have poor cybersecurity.
What’s needed is a way to rapidly assess cybersecurity costs early in the deal process. Our unique solution has been field-tested on 12 Fortune 500 M&A deals.
(4.5 minute read)
How We Know What Done Looks Like
While cybersecurity standards and best practices advise what to do, they rarely define how much to do. It is critical to understand that cyber risk can never be eliminated and, at a certain point, there are diminishing returns on investment. Setting the goal for what is “good enough” is both a business decision and a judgement call by experienced security practitioners.
Our cybersecurity maturity journey is the story of “how we know what done looks like”. The SecuriThink team has already made the journey so we can show you the way.