vCISO | Breaking Cybersecurity News | The Hacker News

Cybersecurity reporting is a critical yet often overlooked opportunity for service providers managing cybersecurity for their clients, and specifically for virtual Chief Information Security Officers (vCISOs). While reporting is seen as a requirement for tracking cybersecurity progress, it often becomes bogged down with technical jargon, complex data, and disconnected spreadsheets that fail to resonate with decision-makers. The result? Clients who struggle to understand the value of your work and remain uncertain about their security posture. But what if reporting could be transformed into a strategic tool for aligning cybersecurity with business goals? What if your reports empowered clients, built trust, and showcased cybersecurity as a driver of business success? That's exactly the focus of Cynomi's new guide— " Taking the Pain Out of Cybersecurity Reporting: The Guide to Mastering vCISO Reports ." This resource helps vCISOs reimagine reporting as an opportunity to create value,...

We've all heard a million times: growing demand for robust cybersecurity in the face of rising cyber threats is undeniable. Globally small and medium-sized businesses (SMBs) are increasingly targeted by cyberattacks but often lack the resources for full-time Chief Information Security Officers (CISOs). This gap is driving the rise of the virtual CISO (vCISO) model, offering a cost-effective solution, and giving SMBs access to strategic security leadership.  For MSPs and MSSPs this shift represents both a challenge and an opportunity. Over 94% of service providers recognize the increasing need for vCISO services, yet, over 25% of providers report lacking the cybersecurity and compliance expertise needed to offer vCISO services.  This gap is exactly why the vCISO Academy was created —to empower service providers with the knowledge and skills they need to thrive in this evolving landscape.  The vCISO Academy is a free, professional learning platform designed to equip ...

You can tell the story of the current state of stolen credential-based attacks in three numbers: Stolen credentials were the #1 attacker action in 2023/24, and the breach vector for 80% of web app attacks . (Source: Verizon). Cybersecurity budgets grew again in 2024, with organizations now spending almost $1,100 per user (Source: Forrester).  Stolen credentials on criminal forums cost as little as $10 (Source: Verizon). Something doesn't add up. So, what's going on? In this article, we'll cover: What's contributing to the huge rise in account compromises linked to stolen creds and why existing approaches aren't working.  The world of murky intelligence on stolen credentials, and how to cut through the noise to find the true positives. Recommendations for security teams to stop attackers from using stolen creds to achieve account takeover. Stolen credential-based attacks are on the rise There's clear evidence that identity attacks are now the #1 cyber threat f...

The 2024 State of the vCISO Report continues Cynomi's tradition of examining the growing popularity of virtual Chief Information Security Officer (vCISO) services. According to the independent survey, the demand for these services is increasing, with both providers and clients reaping the rewards. The upward trend is set to continue, with even faster growth expected in the future. However, service providers looking to enter the vCISO market must address challenges like technological limitations and a lack of security and compliance expertise.  For more details on the state of vCISO, read Cynomi's comprehensive report. The State of the Virtual CISO Survey Report by Global Surveyz, an independent survey company, which was commissioned by Cynomi, provides a deep understanding of the vCISO opportunities and challenges facing MSPs and MSSPs today. The report shares insights from 200 security leaders in MSPs and MSSPs that provide cybersecurity strategic services or cybersecurity...

As a vCISO, you are responsible for your client's cybersecurity strategy and risk governance. This incorporates multiple disciplines, from research to execution to reporting. Recently, we published a comprehensive playbook for vCISOs, "Your First 100 Days as a vCISO – 5 Steps to Success" , which covers all the phases entailed in launching a successful vCISO engagement, along with recommended actions to take, and step-by-step examples.  Following the success of the playbook and the requests that have come in from the MSP/MSSP community, we decided to drill down into specific parts of vCISO reporting and provide more color and examples. In this article, we focus on how to create compelling narratives within a report, which has a significant impact on the overall MSP/MSSP value proposition.  This article brings the highlights of a recent guided workshop we held, covering what makes a successful report and how it can be used to enhance engagement with your cyber security clien...

Cybersecurity and compliance guidance are in high demand among SMEs. However, many of them cannot afford to hire a full-time CISO. A  v CISO can answer this need by offering on-demand access to top-tier cybersecurity expertise. This is also an opportunity for MSPs and MSSPs to grow their business and bottom line. MSPs and MSSPs that expand their offerings and provide vCISO services will cater to SME requirements and concerns. By answering this market gap, they can grow their customer base as well as upsell to existing clients. This will lead to recurring revenue and increased profitability. Developing and scaling vCISO services requires a well-thought-out plan. This will help guide you through the required processes, anticipate and overcome challenges and optimize resource use. To aid you, we introduce a comprehensive and actionable  guide: "How to Scale Your vCISO Services Profitably" . The guide was developed based on the...

The need for vCISO services is growing. SMBs and SMEs are dealing with more third-party risks, tightening regulatory demands and stringent cyber insurance requirements than ever before. However, they often lack the resources and expertise to hire an in-house security executive team. By outsourcing security and compliance leadership to a vCISO, these organizations can more easily obtain cybersecurity expertise specialized for their industry and strengthen their cybersecurity posture. MSPs and MSSPs looking to meet this growing vCISO demand are often faced with the same challenge. The demand for cybersecurity talent far exceeds the supply. This has led to a competitive market where the costs of hiring and retaining skilled professionals can be prohibitive for MSSPs/MSPs as well. The need to maintain expertise of both security and compliance further exacerbates this challenge. Cynomi, the first AI-driven vCISO platform , can help. Cynomi enables you - MSPs, MSSPs and consulting firms ...

2024 will be the year of the vCISO. An incredible 45% of MSPs and MSSPs are  planning to start offering  vCISO services in 2024. As an MSP/MSSP providing vCISO services, you own the organization's cybersecurity infrastructure and strategy. But you also need to position yourself as a reliable decision-maker, navigating professional responsibilities, business needs and leadership requirements. A  new webinar by Cynomi , vCISO platform leader, hosting CISO and vCISO veteran Jesse Miller from PowerPSA Consulting, provides MSPs and MSSPs with an effective 100-day plan to build themselves up for success. The webinar provides a tangible five-step 100-day action plan that any MSP/MSSP can follow when they engage with a new vCISO client. It also provides guidance on vCISO goals and pitfalls to avoid. By watching the webinar, you can position yourself as a strategic and long-term partner for your clients. They will see you as capable of driving security transformation and managin...

In an increasingly digital world, no organization is spared from cyber threats. Yet, not every organization has the luxury of hiring a full-time, in-house CISO. This gap in cybersecurity leadership is where you, as a vCISO, come in. You are the person who will establish, develop, and solidify the organization's cybersecurity infrastructure, blending strategic guidance with actionable cybersecurity services. As an organizational leader, you will be required to navigate professional duties, business needs, diverse organizational personas and leadership demands. Your success relies on your ability to build trust and establish yourself as a strategic decision-maker that can protect the organization.  As such,  your first 100 days in a new organization are key to your success . They will lay the groundwork for your long-term achievements. To aid you in this critical phase, we introduce a comprehensive guide: a five-step, 100-day action plan,  " Your First 100 Days as a vCIS...

Download the free guide , "It's a Generative AI World: How vCISOs, MSPs and MSSPs Can Keep their Customers Safe from Gen AI Risks." ChatGPT now boasts anywhere from 1.5 to 2 billion visits per month. Countless sales, marketing, HR, IT executive, technical support, operations, finance and other functions are feeding data prompts and queries into generative AI engines. They use these tools to write articles, create content, compose emails, answer customer questions and generate plans and strategies.  However, gen AI usage is happening far in advance of efforts to implement safeguards and cybersecurity constraints. Three primary areas of security concern associated with generative AI are: sensitive data included in gen AI scripts, outcomes produced by these tools that may put an organization at risk, and potential hazards related to utilizing third-party generative AI tools. Unchecked AI usage in organizations can lead to:  Major data breaches.  Compromised identities...

In today's rapidly evolving technological landscape, the integration of Artificial Intelligence (AI) and Large Language Models (LLMs) has become ubiquitous across various industries. This wave of innovation promises improved efficiency and performance, but lurking beneath the surface are complex vulnerabilities and unforeseen risks that demand immediate attention from cybersecurity professionals. As the average small and medium-sized business leader or end-user is often unaware of these growing threats, it falls upon cybersecurity service providers – MSPs, MSSPs, consultants and especially vCISOs - to take a proactive stance in protecting their clients. At Cynomi, we experience the risks associated with generative AI daily, as we use these technologies internally and work with MSP and MSSP partners to enhance the services they provide to small and medium businesses. Being committed to staying ahead of the curve and empowering virtual vCISOs to swiftly implement cutting-edge secur...

By the end of 2024, the number of MSPs and MSSPs offering vCISO services is expected to grow by almost 5 fold, as can be seen in figure 1. This incredible surge reflects the growing business demand for specialized cybersecurity expertise and the lucrative opportunities for MSPs and MSSPs in vCISO services. Figure 1: Timeline for offering vCISO services The State of the Virtual CISO Survey Report  by Global Surveyz, an independent survey company, which was commissioned by Cynomi, provides a deep understanding of the challenges facing MSPs and MSSPs today. The report shares insights from 200 security and IT leaders in MSPs and MSSPs of all sizes, all of which are security-focused. It shines a light on the growing trend of the vCISO offering, including the reasons behind this trend, potential blockers for MSPs/MSSPs and how to overcome them. 480% Expected Increase in vCISO Service Offerings Currently, only 19% of MSPs and MSSPs are offering vCISO services. This relatively low per...