It’s Time to Go Virtual
Because of COVID19, IT Security teams across Corporate America are stretched well beyond their breaking points. Worst yet, the leader called upon to guide the company during these troubled times simply cannot keep up. The other issue businesses face as they start to open their doors is how much of a budget do they really have to build cyber resilience?
Cash flow is a grave concern for many companies who are trying to hold onto whatever liquidity they have on their balance sheets. With increased cyberattacks and higher expectations for compliance, many businesses do not see a way to protect their cybersecurity and keep their doors open. Thankfully, there is a simple solution. Hiring a virtual Chief Information Security Officer (vCISO) meets the requirements of all cyber security regulations, provides increased protection for your business and is a fraction of the cost to hire a full-time employee.
So, What Are The Benefits of a vCISO?
Breadth of Expertise
While CIOs are well-educated with deep experience in their field, it does not necessarily mean they have the expertise needed to keep up with the dynamics of the cyberthreat landscape. For example, many businesses are navigating unfamiliar waters with an increase in remote workforce which creates new cyber threats, both internally and externally. Along with that increase in remote workers comes and increase in cyber attacks on those workers, showing an increased importance of a cybersecurity and Business Continuity plan. With our virtual team, you get support from experts across multiple industries with combined years of experience that would surpass a single employee, no matter how long their resume.
The average salary for a CISO is now pegged at almost $270,000. Keep in mind that this does not even include benefits, bonuses, stock options, and other perks. When you add all of this together, the entire compensation package can come close to almost $2,000,000. In today’s times, which business can really afford this? Not many.
This is where the role of hiring a well-established vCISO becomes crucial. In salary alone, you can save at least 30 – 40% and you don’t have to pay all of extras like you do for a full-time employee.
While a vCISO is invested in your success, they are not engrained into your company politics. They come in to conduct an unbiased assessment of your current state of cybersecurity and offer you real world solutions to make things better. Since they are an external resource, they provide you an insight that is completely neutral, based solely on what is best for your business.
For quite some time, the cybersecurity industry has seen a severe shortage of skilled workers. If hiring a full-time CISO is financially attainable for your business, do you have the time to devote to the hunt? The time and man-hours it takes to post job listings, review resumes, and interview candidates is extensive. Add the complexity of finding a qualified applicant that also fits in the culture of your company and it becomes harder than finding a needle in a haystack.
In the time that process takes, your cybersecurity needs increase and your ability to deal with them decrease. With a virtual CISO, you can quickly add him/her to augment the staff you have and support their efforts to build cyber resilience. They take weight from your overworked employees to allow them to better function in the position they were hired for, allowing you to accelerate your business growth.
Proactiveness Protects Profits
Any employee who is overworked begins to function in a state of reaction. They do not have the time or energy to think ahead to prevent issues from occurring. When a business lives in a state of reaction, their growth becomes stale.
Hiring a vCISO alleviates added strain on workers attempting to fulfill a role they are not qualified for. Our team is experienced in moving a business from a state of reaction to proactiveness, allowing them to break their stalemate. Businesses flourish best when employees have the freedom to do the job they are most qualified for.
CyberCompass Offers a Virtual Team of Experts
Our team of experts are here to start you on your journey to cyber resilience. With our collective knowledge of cybersecurity, compliance and privacy regulations, we provide a vCISO that best matches the needs of your business.
Cybersecurity is no longer out of reach. Contact us today to see how we help you assess your vulnerabilities, create a road map for recovery and build a lasting culture of cyber resilience.