If you’re looking for ways to bulk your cybersecurity, you may have already heard about partnering with a chief information security officer, or CISO. Small and medium-sized businesses in the market for CISOs are turning their attention to new, affordable solutions, namely fractional CISOs and virtual CISOs.
Virtual CISO
You’ve decided that your organization needs a CISO. And now, every cybersecurity provider claims to be the best. With the rise of CISO as a Service, we have more choices for outsourced CISO services than we had just a few years ago.
It’s 2020 – a new era of digital transformation opportunities. And as organizations enjoy the benefits of productivity software, web services, and the cloud, cybersecurity threats increase. The ongoing pain point for business technology appears to revolve around how to balance cybersecurity with market competitiveness. This friction is forcing several operational changes within IT job descriptions.
Today’s continuously evolving cyber threat landscape has made protecting your business and preparing for future threats a full-time job. Many enterprises rely on a chief information security officer (CISO) to help mount their defenses, establish strategies and set up processes—all in the name of keeping critical data and systems secure.
Many organizations employ a Chief Security Officer (CSO) or Chief Information Security Officer (CISO). This position is among the highest paid in a company, and its occupant oversees all security concerns related to information technology (IT). All IT staff typically report to the CISO, and in many cases the CSO/CISO reports directly to the CEO.
As a result of technological advances, the amount of data that organizations must keep secure is increasing. Recent numbers indicate that 91.6 percent of businesses worldwide confirmed a significant increase in investment in big data last year.
Security is a critical concern for organizations in about every industry because of its complexity and fast evolvement. Threats and vulnerabilities to the protection of information are increasing, and businesses continue to struggle with the evolving security regulations and landscape.
The importance of ensuring an organization assigns the right people to protect itself is becoming more apparent with the continuous rise of security threats and cyberattacks. Recent trends and cybersecurity statistics from Riskbased revealed that over four billion business records were exposed in the opening half of last year.
Additionally, industry experts predict that the cybersecurity damage is expected to reach the $6 trillion mark by 2021, which is more than the losses caused by drug trafficking. This is primarily because of the higher levels of internet connectivity between businesses and insufficient enterprise-wide security.
You can’t overemphasize the importance of cybersecurity leadership in your organization. All over the globe, news stories about data security breaches are on the rise. With cybercrime being on the increase, it is pertinent to put the cybersecurity of your organization in effective hands. Today, many websites containing restricted data are getting hacked by cybercriminals.