Resolution IT’s Senior Information Security Consultant, James Ogier, provides some insight into what a vCISO can offer to organisations.
As cyber-crime rises to an all-time high and more and more businesses are being targeted, it’s rare to see an organisation that isn’t giving real consideration to its information security.
Technological research firm, Gartner, found that 88% of boards now regard cyber security as a business risk, not just a technical problem. It has also been predicted that by 2025, 60% of organisations will use cyber security risk as a significant determinant in conducting third-party business transactions. This means that failing to have a solid information security program in place not only puts your business at risk, but can also impact prospects, clients and partnerships. As the cyber climate continues to evolve at such a rapid rate, it’s important that businesses consider the impact of being left behind.
Trying to keep on top of the ever-changing cyber landscape can be daunting, overwhelming, and time-consuming. A lot of small to medium sized businesses simply don’t have the budget nor capacity to give the subject any real thought – in fact, only 38% of global organisations feel they are adequately equipped to deal with a complex cyber attack (source: IBM). Of course, the ideal solution would be to appoint a full-time Chief Information Security Officer (CISO) to manage and monitor an organisation’s security, but for many SMEs, this is out of the question due to budgetary constraints.