As cyber attacks become more prevalent, businesses are increasingly turning to virtual Chief Information Security Officers (CISOs) to help protect their sensitive data. In this article OCD Tech will explore with you the benefits of hiring a virtual CISO, including cost savings, expertise, and flexibility.

Here are three signs to indicate that it’s time for your business to hire a virtual CISO:

1. Small IT team facing big challenges

Your organization has a small IT team engaged in performing daily routine tasks, meeting stringent deadlines, and focusing on long-term goals.

Consider bringing in a vCISO to provide strategic leadership to your existing IT team. A vCISO can help manage and upskill your information security team by setting goals and providing training and mentorship. Implementing cybersecurity best practices and achieving cyber resilience is a step in the right direction for business, as most breaches occur due to human error.

2. Failure to meet regulatory requirements

The recent amendments to strengthen the Safeguards Rule for Customer Information now require business that hold non-public or personal data to have a dedicated Chief Information Security Officer (CISO) to manage security risk assessments.

Regulations can be confusing, and if you haven’t conducted a privacy assessment, your organization is at risk of a breach. Hire a vCISO that can take the responsibility of meeting your compliance demands.

3. Your institution is recovering from a cybersecurity incident

Your organization recently witnessed a security breach or cybersecurity incident and is still on the road to recovery. Your main concern at this point is that such an incident could reoccur. The cybersecurity threat landscape is constantly changing, making it hard for in-house IT security teams to keep pace with hackers reinventing ways to steal data or cause harm.

However, virtual CISO services provider shave a whole team at their disposal instead of relying on a single person to deal with every kind of threat. If you’ve had vulnerabilities exposed in your IT structure, a vCISO can help identify potential threats to mitigate future risks.

OCD Tech offers a retainer-based approach to assisting organizations extend the capabilities of their information security team. By leveraging OCD Tech for this service, you get access to a team of experts at a cost much less than one full-time employee.