Managed Services

Are You Confident Enough in Your Organization’s Ability to Mitigate Risks?

Cybersecurity is a huge concern for all businesses. Companies understand that they need to prioritize their security methods in order to ensure they don’t experience major losses due to a potential data breach. Despite major headlines that have repeatedly demonstrated the impact these hacks have on companies, recent studies have found that people are still not as prepared as they need to be in order to mitigate such risks. While these companies may be confident saying that they believe in their organization’s ability to manage cybersecurity internally, according to the data, that doesn’t seem to be working (or entirely true).

Even companies who have the best IT teams and equipment understand the need for an outsourced CIO to handle cybersecurity, as well as other managed services.

Here’s why:

Many Risks are Internal

One reason that companies are unable to mitigate all the risks is because they are simply looking in all the wrong places. Every time we learn of another major breach, it doesn’t take long to discover that it happened due to something internal. Perhaps a firewall wasn’t updated, an employee used their personal unsecured device to access work, or the network infrastructure the company is using isn’t being maintained properly, leaving gaps all over. Companies don’t want to admit that they are a risk to themselves. And, even if a breach came from elsewhere, the fact that a hacker could get in is usually the company’s fault.

To fix this, an outsourced CIO can come in, take a look at your systems from an outsider’s point of view, and do what they need to do to patch it up.

Everybody Needs to be Vetted Before Being Onboarded

If your company hires contractors, partners, or interns to work with you, they will likely be given access to the company’s network. And, the more often you’re onboarding “strangers,” the easier it is for one of these people to let in a breach. Typically, it’s unintentional, but there are times where perhaps an employee who was recently let go seeks to take some kind of revenge on the business.

However, with the right network infrastructure (these days, it’s the cloud), security is placed on identities themselves, provided for new or temporary employees. When this is set-up by a managed service provider, HR and IT follows the process and works together with the outsourced CIO to prevent any leaks from occurring. Of course, proper vetting of the individual is necessary before providing them with company access as well.

Because Your Day to Day Job Doesn’t Involve Monitoring Security Risks

In general, 70% of respondents off the Marsh-Microsoft Worldwide Cyber Perception Survey reported that their IT departments are in charge of making important decisions about the company’s network. A lot of these decisions naturally have to do with the network’s security overall. As a business leader, this definitely isn’t your department, so you’re counting on the individuals over in IT to make the right choices. But, believe it or not, IT shouldn’t really have that kind of say, either. Their job isn’t just calling the shots on security measures.

While cybersecurity is certainly a task that involves a little work from everyone in the company, it takes a little more expertise than that. An outsourced CIO can help assign appropriate roles to each employee to make sure everyone is doing their part. Additionally, companies who have moved over to a cloud infrastructure are likely to face fewer risks, too, as cloud technology manages many risks on its own.

The Costs Alone Aren’t Worth the Risk

According to Business Insurance’s breakdown of the survey, 40% of respondents who reported a data breach in the last 12 months said that the worst-case scenario lost them $50 million or more. Out of that number, only 19% revealed “they are highly confident in their organizations’ ability to mitigate and respond to a cyber attack.” 

With that much money at stake, it doesn’t really seem worth it to take your chances. As a C-level leader, if you’re not totally comfortable in your company’s ability to mitigate such risks, then it’s time to find someone you can trust who can.

CEO Best Practices

Hire a CIO Who Understands the Importance of Cloud Technology

Every day, the technology companies rely on in order to run their business continues to evolve. Nowadays, more and more companies are moving over to the cloud. For companies who aren’t native to the cloud, then moving your entire network to this new infrastructure takes a professional with solid expertise. If your network is already in the cloud, then making sure apps and software are running smoothly while maintaining their security, also takes a knowledgable person. While most companies have IT leaders working internally, many outsource the help of a CIO to take charge of data on the cloud.

So, before you choose any CIO, you want to make sure yours is keeping up with the times.

Cloud Expertise is What’s On the Menu

Many companies today are being convinced that the cloud is the way to go. They are taught about all the benefits when it comes to cost, security, scalability, and managed services. Companies know that if they aren’t at least thinking about moving to an all-cloud environment, then they will start to fall behind. At this rate, the help of an outsourced CIO is not only important, but it’s necessary. And, when you go shopping for one, cloud expertise should be at the top of their list of skills.

It’s time to step forward into the future.

The Cloud Provides Companies With More Flexibility

A CIO who can provide the option of “possibilities” is a great place to start when looking for someone to manage your network. Luckily, a professional who understands the cloud doesn’t need to work too hard, as a cloud infrastructure provides lots of flexibility on its own. The cloud allows users to do what they please with software that fits their company’s needs. For instance, if you’re currently running software on AWS, but you want to transition to another provider (or, you want to use more than one), a cloud environment allows you to do that.

However, an ordinary business leader might not know where to start with all of this. Therefore, reaching out to a CIO who can manage your cloud for you will help you experience all this flexibility worry-free.

Consistent Management of Security

Another reason CIOs should be pushing for the cloud is because of the security it provides. The cloud allows security to be focused on the apps and the different identities accessing the network themselves, unlike traditional firewalls that aren’t quite as reliable. One of the most important roles of an outsourced CIO is to manage your network’s security, which is especially important for businesses that are constantly onboarding and offboarding third parties or have employees who work remotely.

With the support of an expert CIO, the cloud helps keep your network more secure than ever, while ensuring that your business stays compliant with industry standards.

Everyone Has a Role

One reason business leaders may feel hesitant about outsourcing their CIO is because they may feel as though they have the expertise they need already at their office (or their remote office). If they already have an IT team managing their network needs, it may feel a bit like ‘betrayal’ to outsource that kind of thing.  The thing is, as familiar as your IT team may be with the cloud, their role is still a bit different (yet, still important) than that of a CIO. While the CIO may be in charge of choosing the apps or infrastructures best suited for your business, the IT team may be on top of securing those apps, making sure those apps are consistently updated, and assigning new users with identities that follow a strict protocol.

The cloud certainly takes a lot of work off of a human’s hands, but that doesn’t necessarily mean you need to let anyone go. Everyone still has an important role when it comes to the cloud, it’s just that those roles may shift.

If you’re interested in hiring managed services, that’s great! But, just make sure your CIO has significant experience with the cloud.