28 November 2023 Choosing the Right Cybersecurity Partner: What to Look for in a Provider In today's digital landscape, cybersecurity is paramount. Choose the right partner to fortify your defences and safeguard your business's future. Simon Harris Cyber Security Resourcing Businesses face constant risks to their sensitive data, intellectual property, and customer information. As technology advances, so do the methods employed by hackers, making it important for businesses to fortify their defences. Companies have several options when seeking a cybersecurity support. However, the key lies in choosing the right cybersecurity partner. A good partner not only shields businesses from threats but also ensures compliance with stringent regulations, safeguarding the trust of clients and stakeholders. The right partner will provide tailored solutions, proactive threat detection, and transparent communication, essential elements for successful cybersecurity implementations. Making the right choice in cybersecurity support is not just a matter of protecting data; it's a strategic investment that can define the longevity and resilience of a business in the digital age.Types of Cybersecurity SupportWhen it comes to cybersecurity support, businesses have three main options to consider: in-house teams, independent consultants, and cybersecurity service providers. What may work best will be different for different businesses and industries. 52% of public sector institutions rely on contractors for example, compared to only 33% in the finance sector which leans more to in-house support. Each option offers unique advantages and challenges:In-House TeamsMaintaining an in-house cybersecurity team provides several advantages including immediate response to security incidents, tailored solutions aligned with specific business needs, and seamless integration with existing IT infrastructure. An in-house team often builds a deep understanding of the company's unique vulnerabilities and regulatory requirements.However, for small businesses hiring, training, and retaining skilled cybersecurity professionals can strain limited resources. 50% of UK businesses lack the skills to provide their own cybersecurity. Smaller enterprises might not require a full-time cybersecurity team, making it less cost-effective and in-house teams may face limitations in exposure to diverse threats and industry best practices compared to specialized cybersecurity service providers. Small businesses often find it more practical and budget-friendly to explore alternative options.Independent ConsultantsOne of the primary benefits of independent cybersecurity contractors is flexibility. Independent contractors can be hired on a project-by-project basis or for specific tasks, allowing businesses to adapt their cybersecurity efforts according to their current needs. This flexibility ensures a more efficient allocation of resources. Another significant advantage is that independent contractors can provide dedicated, one-on-one support. Their focused attention enables them to gain in-depth knowledge about a company’s systems, allowing for tailored security solutions. Businesses can benefit greatly from this personalised approach, ensuring that their cybersecurity measures are highly customized and responsive to their unique challenges.However, there are potential limitations and challenges associated with independent contractors. Independent contractors might lack the resources of in-house teams or service providers and their availability may be limited as they support many clients. This can cause delays and if businesses rely on multiple contractors, they may have trouble maintaining consistent cybersecurity measures over time.Cybersecurity Service ProvidersLarge security service providers often boast a diverse team of specialists, covering various aspects of cybersecurity. This wealth of experience and knowledge and wide array of services equips businesses with robust defences against evolving threats. Large providers can also offer services at competitive rates however because their services are standardised business can struggle to communicate their unique cybersecurity requirements.What to Look for in a Cybersecurity PartnerWhatever type of cybersecurity support you choose for your business these six considerations will help you select the right partner to provide those services:1. Expertise and ExperienceDo they have a deep understanding of current cybersecurity threats and track record of successful cybersecurity implementations?2. Customised SolutionsCan they provide tailored services based on the unique needs of your business alongside an ability to adapt to evolving threats and challenges?3. Compliance and RegulationsAre they able to comply with any industry-specific regulations or local legal requirements and data protection laws?4. Proactive ApproachDo they offer range of proactive monitoring and threat detection services such as incident response planning and execution?5. Communication and TransparencyAre they responsive to queries and questions and do they provide clear communication channels with. Regular updates and transparent reporting on cybersecurity activities?6. Cost-EffectivenessDo they provide a clear breakdown of costs and services they provide and show the long-term value proposition and return on investment of their support?How Hubbado Can Connect You With Cybersecurity Consultant SupportFinding the right consultants to deliver cybersecurity support for your business might feel daunting. There are many independent cybersecurity professionals out there and finding one with the right skills for your industry, or project can be difficult. Hubbado offers a unique platform and service to help you connect with cybersecurity experts that match your unique needs and challenges.Rather than only offering rigid day or hourly rates, we also provide more flexible pricing options like milestone-based contracting, which involves agreeing fixed sum payments for each milestone achieved. This approach aligns well with IR35 requirements, enhances quality control for clients, and incentivises consultants to work efficiently. By sharing the risk with our clients, we can transform the contracting landscape and build trust.We connect businesses with a curated pool of highly qualified contractors with a variety of cybersecurity skills and experience. Our platform ensures you can find contractors with the right expertise for your cybersecurity needs. Before we submit any candidates to you, the members of our exclusive community are vetted by a specialist in their job sector for their industry knowledge, certifications, communication skills & more. Meaning that whatever the technical scope of your project you can always find a consultant who understands your needs. Connect a consultant today or book a call with one of our friendly sales team.
