SOURCE: Peerlyst


August 05, 2015 09:00 ET

Crowdsourced InfoSec Budgeting Tool Available Free to Peerlyst Users

Peerlyst Community Develops Indispensable Tool for Planning

SAN FRANCISCO, CA--(Marketwired - Aug 5, 2015) - Peerlyst, the preeminent information security community, is today pleased to announce PeerSource Budget™. The crowdsourced free tool gives InfoSec professionals, for the first time, a flexible and comprehensive solution for developing and analyzing security budgets. PeerSource Budget reflects Peerlyst's core mission: providing a platform where the InfoSec community shares real-world experience to create solutions to common and not-so-common problems.

"Before PeerSource Budget, there was no publicly available tool or any actionable guidance on how to execute a security budget," said Peerlyst community member Terry Gold, the founder of research and advisory firm IDanalyst. "That leaves many professionals struggling -- and we set out to address that. We pulled together a team of Peerlyst community members, received feedback from CISOs and other security pros, and within six weeks created a beta tool for managing a security budget. As we get it in the hands of more people in the community and receive their feedback, we'll update the tool so it's even more specific, capable, and useful."

Built on the Microsoft Excel platform, the free tool:

  • Tracks surplus and deficits to support decision-making on new allocations.
  • Dynamically models how different amounts of overall budget can impact an enterprise's ability to deliver improved security.
  • Provides a visual model that conveys financial discipline and makes budgeting decisions clear to other stakeholders.

"This is exactly what I had in mind when I created Peerlyst," said Limor Elbaz, founder and CEO. "I wanted to create a platform where the community could come together and collaborate to make security professionals' lives easier. With the global InfoSec workforce running a deficiency of 1.5 million, the need for community support, information sharing, and collaboration has never been more critical. That has fueled the dramatic rise in Peerlyst sign-ups and engagement over the last quarter -- when more than 80,000 users opted to get updates from our site."

Security pros can download PeerSource Budget by joining the Peerlyst community today at

About Peerlyst

The Peerlyst network for information security professionals covers 27 different areas of security, and is the only place to go for free advice from analysts, vendors, and peers. The community also includes entrepreneurs, innovators, and product managers who want to communicate directly with their audiences. From conversations about where to find security professionals and analysts to XSS prevention in Web applications and post-attack checklists, Peerlyst offers community members a platform to find and share security solutions, connect with other professionals, and collaborate securely. Peerlysters include CISOs from Fortune 500 companies, security analysts from top firms like Gartner and 451 Research, and practitioners with expertise in fields such as forensics, risk management, audit, cloud security, mobile security, authentication, and more. Based in San Francisco, Peerlyst is backed by Hummer Winblad Venture Partners and Illuminate Ventures. For more information, email or visit

About IDanalyst

IDanalyst is a vendor-neutral research and advisory firm specializing in identity management, authentication and trust models across both information and physical security domains. IDanalyst transforms complex initiatives into data-driven technical and business models by leveraging focused research, proven methodology, and purpose-built tools to facilitate the process. For more information, go to @idanalyst on Twitter.

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