Why use a Fractional CSO?

What is a “Fractional” or “Virtual CSO”?

A fractional CSO (Chief Security Officer) is an executive security professional who works part-time or on a contract basis for a company, rather than being a full-time employee.

They provide the same high-level security guidance as a full-time CSO, but on a flexible or as-needed basis, allowing companies to benefit from expert advice without the long-term commitment or cost of a full-time executive hire.

This type of role is typically utilized by small to medium-sized businesses that may not need or cannot afford a full-time CSO but still require strategic security leadership and expertise.

What does a Virtual CSO do?

A fractional CSO can help with any part of the cyber security program, based on the needs of the organization. Typically they help the company develop and implement security policies, manage risk, ensure compliance with relevant regulations, and oversee both physical and cyber security measures.

A fractional or virtual CSO can also help communicate with key external stakeholders, including cyber insurance brokers, auditors, regulators or outside counsel.

How much does a Virtual CSO cost?

The cost of a Virtual CSO depends on the number of hours and effort required by the organization. Programs can start as low as $500/month and range upwards based on the level of commitment. Programs are designed to that the hourly rate scales based on the commitment. Most programs require a one-year commitment and are billed as a subscription. This can generate significant cost savings as the hiring company does not pay for traditional employment overhead.

Am I a good candidate for a Virtual CSO?

Here is a short checklist to see if your organization might be a good candidate for a fractional CSO. Need help? Schedule a no-risk 30 minute consultation.

• We have a core cyber-security need but don’t have the budget for an FTE making over $150,000 per year.
• We have an existing CSO or cyber team, but they are stretched thin and could leverage outside experience.
• Our existing employees are performing a “CSO” role without proper training or background.
• One or more existing employees are spending over 20% of their time responding to assessments from customers.
• We have one or more cyber security or data privacy regulatory requirements
• We must purchase and obtain Cyber Insurance.

Any organization that wants to create a more robust cyber environment can benefit from a fractional CSO.