Our Chief Information Security Officer-as-a-Service (CISOaaS) provides information security leadership from an appropriate pool of expertise and technical resources from within Cyber Smart Associates. CISOaaS provides security guidance to senior management and drives the organisation’s information security programme. The service can provide your organisation with a cost-effective way of maintaining information security systems and managing risk, and offer an extension to your organisation’s information security capabilities. CISOaaS can help an organisation identify its current information security maturity, the threat landscape, what needs to be protected and the level of protection required, as well as the regulatory requirements it needs to meet. The CISO will put together an information security strategy ensuring that the basics are implemented and maintained, risks are reduced, and the maturity of information security will be raised.
Prioritises business operations and information assets for the organisation, and ensures that security, resources and budgets are fully aligned to execute these piorities.
Understands the implications of new or emerging threats and creates a risk-based strategic roadmap to align cyber security efforts with corporate risk appetite.
Selects and implements threat detection and monitoring solutions, and integrates services delivered by third parties into a seamless framework.
Monitors processes that safeguard the confidentiality, integrity and availability of data and drive the overall security programme.
Organisations that are serious about security face the challenge of finding a CISO who has the right skills and knowledge. Someone must own the security and compliance strategy, but the requirement can extend beyond the expertise of operational IT and security managers. However, investing in a full-time CISO can have its disadvantages, too. What happens when the CISO is ill, goes on holiday or is not up to date with the latest legislation or cyber threats? The cyber security skills gap is broadening every year and limited available talent can also keep a full-time CISO from functioning effectively and seeing the bigger picture. Most CISOs will face the serious challenge of having too few team members and not enough experienced technical talent.
A CISOaaS model can help you acquire this expertise without the drawbacks. It allows your organisation to cost-effectively access strategic security experience and technical skills, gaining all the benefits without the capital expenditure (salary, hiring costs, sick pay, holiday pay, training costs and potential redundancy payments). This enables your organisation to build and maintain an ISMS (information security management system) and take a risk-driven approach to protect sensitive assets, supported by your in-house IT team. Access a pool of experienced, specialised, senior cyber security professionals. Access resources quickly and eliminate the need to attract and retain talent.
The cyber security skills shortage is not only real – it is one of the biggest challenges IT leaders face today. As cyber security risks become more complex, it is difficult to find trained personnel who are both cyber information security professionals and affordable.
PayScale reports that average pay for a CISO in the UK is £100,000 (including bonuses). In SMEs, at the top end this can stretch to £280,000. Long-term retention of those employees is almost impossible as they are always being poached by other organisations. It will likely take 3–5 months and an investment of 15–20% of the right candidate’s first-year salary to find them. Given that a breach is a matter of when, not if, organisations that hire a CISO can protect their cash flow. A Ponemon Institute study found that the appointment of a CISO reduced the cost of a breach by £5 per record.
SCOPING : Every CISOaaS assignment differs in scope and objectives. Your requirements will depend on your current protection level, risk appetite and infrastructure.
ASSESSMENT : CISOaaS will perform an assessment to identify the regulatory, legislative and contractual requirements that the organisation must meet. The organisation will also be audited using a standard framework.
GAP ANALYSIS : CISOaaS will conduct a threat assessment and identify what needs to be protected and the level of protection. On completion of the security profile, a strategy and roadmap will be developed for the board to approve to reduce the risk to the organisation and improve the maturity of its information security capability.
IMPLEMENTATION : CISOaaS will implement the roadmap by initiating identity management, access control, inventory management and any other projects listed in the roadmap.
EVALUATION : A reassessment will be conducted to determine the success of the implementation phase and to identify whether the risk profile has changed and the impact this has on the strategy and roadmap.
CONTINUAL MAINTENANCE : CISOaaS will establish business-as-usual activities that could be undertaken on an hourly, daily, weekly, monthly, quarterly, half-yearly or annual basis.
You should consider this service if your organisation:
Expert individuals who have held leadership CISO roles and have a wealth of industry experience.
Skilled at ensuring your organisation is prepared to deal with data breaches and incidents.
Ability to manage & communicate with regulators for all data privacy and information security requests on your behalf.
Experienced practitioners who can offer cyber security training as part of the service.