Introduction:
Enhancing your organisation’s cybersecurity strategy is no longer a choice – it’s a necessity. CISO-as-a-Service (CISOaaS) offers the expertise of a Chief Information Security Officer on a flexible, cost-effective basis, ensuring businesses can protect themselves against escalating cyber threats without overstretching their budgets. Learn how CISOaaS can empower your business with tailored, expert-led solutions.
Understanding CISO-as-a-Service (CISOaaS)
CISO-as-a-Service (CISOaaS) is a professional service model designed to help organisations enhance their cybersecurity framework by leveraging the expertise of seasoned cybersecurity officers without requiring them to be in-house employees.
This service prepares SMEs for minimally the Cyber Essentials certification, making it especially beneficial for small to medium-sized enterprises (SMEs) that lack the budget or internal expertise to maintain robust cybersecurity measures. This innovative solution offers cost-effective access to critical cybersecurity knowledge and support. Learn more about why SMEs in Singapore need CISOaaS.
The Specific Benefits of CISOaaS
1. Cost-Efficiency Without Compromise
The average annual salary for a full-time Chief Information Security Officer in Singapore exceeds SGD 200,000, making this role unattainable for many SMEs. In comparison, CISOaaS costs can start as low as SGD 2,700 per month for smaller organisations, with scalable pricing for larger entities. Additionally, SMEs in Singapore can benefit from government subsidies, which cover up to 70% of eligible costs.
2. Access Industry Expertise
CISOaaS providers typically employ certified Cybersecurity experts who bring deep knowledge of the latest cyber threats, best practices, and assistance in obtaining minimally the Cyber Essentials Certification. These experts are equipped to handle:
- Identifying threats and mitigating risks for your business
- Incident response planning tailored to mitigate operational disruptions.
- Regulatory requirements, including assistance in customising your tailored health plan (policies and procedures), as well as keeping employees informed and well-equipped with steps to stay resilient against such incidents.
3. Customised Strategies for Unique Needs
Unlike generic cybersecurity solutions, CISOaaS tailors its services to the specific requirements of your business. For instance, an SME in the retail sector may require enhanced protection against phishing attacks, while a healthcare provider might focus on safeguarding patient data through robust encryption and multi-factor authentication.
4. Improved Incident Response and Recovery
With a detailed incident response plan in place, your business can minimise downtime and recover swiftly from cyber incidents. CISOaaS consultants ensure your team is prepared with proper policies and procedures to navigate through the cyber incident swiftly.
Check out our cyber defense tips here.
Government Support for Cybersecurity Initiatives
The Singapore government offers a range of programmes to support businesses in improving their cybersecurity. These include:
- Productivity Solutions Grant (PSG): Subsidising up to 50% of eligible cybersecurity costs for SMEs.
- Cyber Essentials Certification: Eligible SMEs can apply to cover up to 70% of costs for CISOaaS
- Digi-TAC: Eligible Trade Associations and Chambers (TACs) can leverage up to 70% funding support on pre-approved digital solutions.
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Conclusion
Investing in CISO-as-a-Service is a strategic decision that empowers businesses to mitigate cyber risks, ensure compliance, and operate securely in an increasingly digital world. By partnering with experts like Nucleo Consulting, your organisation gains a trusted ally in safeguarding its future against ever-evolving threats. Act now to secure your business with affordable, expert-led cybersecurity solutions.For more information, visit Nucleo Consulting’s blog or explore our partner solutions for advanced cybersecurity tools.
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