Cybercriminals are smarter and more effective than ever before. Breaches are becoming more common, and organizations that experience a breach can lose millions in revenue, reputation, and litigation or regulatory fees. Ponemon Institute’s 2017 Cost of Data Breach Study reported that the average cost of a data breach was $2.29 million dollars. This high-stakes and high level of risk necessitates a reevaluation of existing security measures. While simple compliance with basic security standards and practices may have protected data in the past, a vigilant company today often must employ additional efforts to protect against the ever-evolving cyber risk landscape.
Due to these increased and high-stakes risks, the responsibility of securing that data has become a full-time job with a variety of duties. What was once considered solely an IT function, now requires a business-oriented mindset as well. Many organizations are hiring a CISO (Chief Information Security Officer) to fill this role and to ensure the security of internally maintained data as well as that handled by third-party vendors. However, finding and retaining a full-time CISO can be difficult for small to midsized businesses, as the average CISO makes around $156,852. This problem proves even more difficult to solve in isolated communities where the supply of CISOs may be limited.
ThreatAdvice’s vCISO (virtual Chief Information Security Officer) platform is designed to complement the IT department by providing the functions typically performed by a CISO at an affordable cost. vCISO is operated by a team of real-life CISOs who monitor the security of your business’s data and network. The platform displays a dashboard where you can communicate securely with the vCISO team and see their upcoming tasks and completed reports regarding your cybersecurity.
The addition of vCISO to ThreatAdvice’s platform allows you to access all of your security needs—compliance, security, advice, intelligence, and education—in one place. The ThreatAdvice vCISO solution will allow you to accurately assess your organization’s vulnerabilities and cybersecurity preparedness and will help you develop and maintain a robust long-term security program.
ThreatAdvice vCISO clients will receive $25,000* of ThreatAdviceIncident Response professional services in the event of a breach.
To learn more about how a vCISO solution could benefit your company, contact us to initiate a discussion and receive more information.
*Based on $250 hourly professional services rate. Does not include hardware.