{"id":617,"date":"2021-02-21T07:03:39","date_gmt":"2021-02-21T07:03:39","guid":{"rendered":"http:\/\/www.cyberlaws.org\/?p=617"},"modified":"2021-02-21T07:08:44","modified_gmt":"2021-02-21T07:08:44","slug":"virtual-chief-information-security-officer","status":"publish","type":"post","link":"http:\/\/www.cyberlaws.org\/virtual-chief-information-security-officer\/","title":{"rendered":"VIRTUAL CISO-A Logical method to manage Cyber security compliance in Start-ups"},"content":{"rendered":"

VIRTUAL CISO-A Logical method to manage Cyber security compliance in Start-ups<\/strong><\/h2>\n

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During the current era, both big companies and small start-ups, are using Information Technology for ease of doing business, however it makes them vulnerable for Cyber-attacks. So, it becomes necessary for them to use Cyber security professionals e.g. CISO (Chief Information Security Officer) in order to protect information assets. ,It goes without saying \u00a0that information security activities in any organization consume more resources than ever before. Cyber criminals (Hackers) are becoming better all the time, and staying ahead of them is getting tougher. However, it\u2019s not just more zero-day attacks by sophisticated criminals; competitors, growth of the organization, elevated infrastructure complexity and new compliance requirements also desire more cyber defence staff, adequate time and right technology to avoid becoming a victim of a cybersecurity breach.<\/p>\n

In earlier days security was primarily focused on physical access to facilities and resources, or adding layers of logical controls to protect business application and data. However, security concerns of the present era don\u2019t fit into this old traditional way anymore. Security concerns impact every aspect of an organization\u2019s operations and should be an integral driver of strategic planning, along with all decision for future expansions.<\/p>\n

Since cyberattacks have become smarter and more sophisticated at exploiting vulnerabilities, with the availability of many open-source tools it is easier for hackers to launch new attacks every other day. For the organizations and start-ups cyber security shall be a proactive program rather than a reactive which is to be launched at the time of cyber-attack. Thus, information security is an integral part of organizational strategic growth. It is just as important as goodwill, financial turnovers and product quality.<\/p>\n

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What is Chief Information Security Officer(CISO) and Virtual Chief Information Security Officer(V-CISO) ?<\/strong><\/p>\n

Top management team should be aware of the impact of lack of information security on their organization\u2019s profitability and durability. A shortage of information security in the organization could result in heavy fines for non-compliance, punitive rulings after finding liability or negligence, or a loss of customers and partners after a confidence-shattering breach. There is a big risk of underestimating information security and it is too big to ignore.<\/p>\n

In order to address the growing awareness of information security\u2019s importance to strategic planning, many larger organizations and start-ups include a Chief Information Security Officer (CISO) at the executive level. Chief Information Security Officer <\/strong>is the executive who is responsible of Information security and cyber security compliance in the organization.<\/p>\n

Many a times companies cannot afford the cost of having own CISO because of the huge salary range. There are situations where the organizations including start-ups need a CISO , but the budget doesn\u2019t allow for a full-time person in that position.<\/p>\n

However, there is a cost effective alternative. Organizations specially start-ups that lack the budget for a full time CISO can opt for an outsourced solution: The Virtual CISO, or V-CISO.<\/p>\n

A Virtual-CISO is a information and cyber security expert who uses the expertise \u00a0of his\/her years of industry experience to help organizations and start-ups \u00a0by developing and managing the implementation of the organization\u2019s information security program in order to attain various government and non-government compliances. At a high level, V-CISOs help to build the organization\u2019s security strategy, implementation and its management as well.<\/p>\n

Organization\u2019s internal security staff may work and report to V-CISO in order to strengthen the information security and cyber security framework and make it more impactful. In addition to this, the V-CISO is usually expected to be able to present the organization\u2019s state of information security to an organization\u2019s board, management team, auditors, or regulators.<\/p>\n

Benefits of having a V-CISO<\/strong><\/p>\n

A V-CISO is generally a cybersecurity professional who works part-time basis offering information security services to multiple organizations at a time, working for several throughout any year. This gives organizations a flexibility to hire part-time CISO on requirement basis.<\/p>\n

The V-CISO fills several needs through different types of services, including:<\/p>\n