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The Rise of the vCISO: Benefits of Engaging a Fractional Cyber Expert

GettyImages-1394184161Cyberattacks targeting businesses are on the rise. In response, more companies are focusing on developing a culture centered on strong cybersecurity practices. Most of the time, CISOs lead this strategy, but an alternative role—the vCISO—is gaining interest for its cost-effective and flexible nature.

While CISOs remain pivotal in leading cybersecurity for large enterprises, vCISOs are gaining momentum among small to mid-size businesses that cannot afford the high compensation packages of full-time CISOs. Furthermore, as pressures on CISOs mount, more professionals are transitioning to vCISO roles, elevating the caliber of talent in this field.

My aim is to breakdown the role, explain the benefits of engaging their expertise, and explore why highly skilled talent are making the switch.

 

What is a VCISO?

A vCISO, or virtual Chief Information Security Officer, is an outsourced security consultant hired by companies to help manage their information security needs. Unlike a full-time CISO, a vCISO is engaged on a contingent basis, meaning they work with the company as needed rather than being permanently on staff.

Their primary role is to provide expert advice on information security strategy, risk management, and compliance with regulations. By consulting on these critical areas, fractional cyber experts help businesses protect their data, avoid security breaches, and ensure they meet all legal requirements.

 

Benefits of Engaging a vCISO

 

1. Budget-Friendly

Engaging a vCISO is a budget-friendly solution for businesses that need high-level security expertise but can't afford the cost of a full-time CISO. Instead of a large salary and benefits package, companies pay for the fractional CISO's services only when needed. As a result, businesses can allocate their resources more efficiently while still gaining access to top-notch security expertise.

 

2. Immediate Availability

Another significant benefit of bringing in a vCISO is their immediate availability. Quick integration of a security expert is critical for businesses needing to address urgent security concerns. Unfortunately, searches for full-time employees usually take months, while a fractional CISO can start working with your company immediately.

 

3. Flexibility

Flexibility is another key advantage of engaging a vCISO. Companies can scale their security needs up or down based on current requirements, making it easy to adapt to changing circumstances. Whether you need strategic advice for a specific project or ongoing support for daily operations, a fractional CISO provides the right level of service when you need it most.

 

Why are more candidates opting to pursue the vCISO path?

 

1. Opportunity to Solve Different Problems

The vCISO path offers the opportunity to solve different problems across various industries. For example, a fractional CISO might work with a healthcare company to secure patient data one month and then help a financial firm protect against cyberattacks the next. The variety of work keeps the job interesting and allows them to gain a wide range of experiences that will help them land their next gig.

 

2. Can Present Less Liability

More candidates are opting to pursue the vCISO path because it can present less liability compared to a full-time CISO role. The risk of personal liability for data breaches is often enough to convince candidates to explore temporary CISO roles over full-time CISO role.

 

3. Uncapped Earning Potential

Rather than having a fixed compensation package with a single company, vCISOs can reap the benefits of uncapped earning potential by contracting with multiple clients. Ultimately, allowing candidates to diversify their income stream and have more control over their desired workload.

 

Looking to engage a vCISO?

Over the years, I’ve built a large network of highly skilled cybersecurity professionals in the Bay Area. If you’re interested in tapping into my network of talented cyber experts, I’d be thrilled to connect you with experienced talent ready to meet your security needs. Consider reaching out to start the conversation!

 

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