The shortage of qualified cybersecurity staff is becoming one of the most significant risks facing businesses today. Small and midsize enterprises (SMEs) often struggle to allocate the time and expertise needed to manage their IT security. Is hiring a Chief Information Security Officer (CISO) on retainer the solution that SMEs need to safeguard their data?
Over the past 12 months, more companies have turned to third-party providers for help in implementing IT security strategies. With cyberattacks on the rise, it’s increasingly clear that IT security must be a core component of any business strategy. For SMEs, especially those with limited IT capabilities, Virtual CISO Advisory Services offer an effective solution.
Why Consider Virtual CISO Services?
Hiring a full-time CISO is a costly endeavor, with annual salaries averaging over $250,000. Many businesses simply don’t have the budget for this, while others may not require a full-time CISO. Whether you're looking for interim support, a trusted advisor, or expertise in a specific area, a virtual CISO can fill the gap and enhance your internal security team.
Here are a few key benefits of hiring a Virtual CISO compared to a full-time role:
1. Lower Cost
A virtual CISO costs 30-40% less than a traditional, full-time CISO. This significant cost saving comes without sacrificing security, and businesses can avoid paying full-time benefits as well.
2. Staffing and Budget Flexibility
With a virtual CISO, businesses can pay only for the hours they need. Whether you require support during a CISO transition or just need expertise for a particular project, this flexibility allows you to manage both security and budget efficiently.
3. Faster Onboarding
Hiring and onboarding a full-time CISO can take six to nine months, whereas a virtual CISO can start contributing value almost immediately. With experience across different environments, virtual CISOs are often ready to dive in quickly, minimizing onboarding costs and training time.
Immediate Value
Virtual CISOs bring an outsider's objective perspective, which is crucial when tackling security issues. They can also serve as a valuable resource for your internal IT team, providing knowledge and guidance to improve overall security posture.
Conclusion
As cybersecurity threats continue to grow, businesses must prioritize protection. For small and midsize enterprises, Virtual CISO Advisory Services offer a cost-effective, flexible, and immediate solution to today's security staffing challenges. For more information about Gradient Cyber's vCISO services contact us here.
