Are Virtual CISO the Ideal Solution for Cyber Risks in the Mid-Market?

With the increasing prominence of cyber security as a critical business concern, mid-market players lacking a Chief Information Security Officer (CISO) face heightened exposure and susceptibility to attacks.

While certain organizations adopt innovative approaches, based on our experience, we have observed that this often gives rise to distinct challenges:

The challenges we commonly observe include:

• Recruiting a CISO without the necessary skills due to difficulties in effectively evaluating candidates’ experience.
• Relying on a single individual to handle all cyber security responsibilities, leading to a single point of failure.
• Outsourcing specific areas to IT service providers who lack expertise in cybersecurity, resulting in security gaps.
• Limited understanding of the risks and a lack of dedicated focus on security as a priority within the organization.
• Difficulty in finding comprehensive cyber security skills within a limited number of employees, given the broad and intricate nature of the field.

To tackle the challenges encountered by small-to-medium enterprises, one effective solution is to enlist the services of a virtual CISO. CyberKnox provides a CISO as a Service (Virtual CISO) offering, enabling businesses to benefit from a team of three to four specialists proficient in various facets of cyber security. These experts possess knowledge in areas such as governance, risk and compliance, operational technology, architecture, and cloud. By opting for this service, organizations can gain access to valuable resources and expertise that are tailored to their specific needs, offering scalability and flexibility without the need to hire full-time employees.

Engaging a virtual CISO solution offers the necessary assistance and direction to enhance cyber posture and promote cyber maturity. Collaborating in the short, medium, or long term enhances an organization’s capacity to detect, respond to, and recover from cyber attacks while integrating cyber security throughout the business. Additionally, it facilitates auditor responses, effectively communicates risk at an executive level, and empowers leaders to make informed decisions based on data.

Achieve cyber outcomes by leveraging our CISO as a Service offering. Engage a key senior-level executive capable of interpreting and translating complex technology and cyber issues into the language of business. Our CISOs are both digital and business natives, who are focused on effectively and efficiently managing cyber risk. We specialise in safeguarding and supporting:

• Corporate brand and reputation
• Cyber investment roadmaps
• Strategic and operational cyber plans
• Information assets and ICT systems
• Data privacy and compliance
• Partner/vendor negotiations and advisory