Distinguished Digital and Cyber Technologist Booz Allen Hamilton, United States
Financial Operations (FinOps -- combining "finance" and "DevOps") is the rapidly emerging management practice helping organizations manage cloud costs. FinOps is driven by the fact that nearly all organizations have moved at least some of their operations to the cloud, and then realized (much) higher-than-anticipated cloud costs.
FinOps focuses on optimizing cloud spending to achieve business goals, which obviously include cybersecurity. Cybersecurity professionals need to understand what FinOps is, the rapidly increasing impacts it is having on the business, and how they can leverage (rather than reject) FinOps to achieve improved levels of cybersecurity for their organizations.
Learning Objectives:
Gain the understanding of fundamentals of Financial Operations (FinOps) and the interdependencies to cybersecurity.
Recognize the organizational parties typically involved in FinOps, and the unique value and benefits that FinOps brings to each stakeholder (especially cybersecurity).
Appreciate the touchpoints between FinOps and cybersecurity, and identify the best practices and lessons learned for employing FinOps to optimize cloud costs while improving, rather than sacrificing, cybersecurity.