The Cyber Security Review | Sunday, February 20, 2022
VCISO provides invaluable guidance, insights, and strategies to mitigate a company's threat landscape. An organization can maintain a flexible and affordable budget by replacing a full-time CISO with a vCISO.
FREMONT, CA: The chief information security officer (CISO) uniquely bridges technical and business aspects of cybersecurity. The individual occupying this critical role must have experience in defining and overseeing the company's security policies, processes, and infrastructure, as well as being able to represent the company's cybersecurity program in the boardroom.
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A virtual CISO (vCISO) on board offers companies a cost-effective way to access the cyber leadership and guidance they need. Contracting these experts allows many companies to access a depth of experience that otherwise would be impossible.
VCISO serves as a member of the organization's executive leadership team, translating cyber risk impacts to the business and overseeing cybersecurity performance as part of an organization’s executive leadership.
An organization's needs and industry determine what a CISO is responsible for - on a full-time or virtual basis. A vCISO needs to take a stepped approach to understand the existing cyber efforts before adjusting them appropriately:
Assess phase: A vCISO determines critical gaps and the organization's overall cyber maturity as part of the assessment phase. The assessment phase involves examining the security policies and procedures in place, data flows, and network architecture. The vCISO meets regularly with the organization's executive and board members to understand the organization's cybersecurity needs concerning business and operational goals.
Plan phase: After identifying critical gaps and setting a baseline, the vCISO develops a risk advisory workflow to improve the cybersecurity posture. The vCISO needs to meet with the executive team and the board of directors to discuss the proposal and gain consensus on communication and reporting frequencies (weekly, bi-weekly, or monthly).
Act phase: The vCISO implements the prioritized, communicated, and agreed-upon projects via the strategic plan and by gathering resources inside and outside the company.
Measure phase: As part of the cybersecurity program performance management, the vCISO set key performance indicators (KPI) and key risk indicators (KRI). Detailed metrics showing the program's technical and business effectiveness are communicated regularly to key stakeholders.
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