5 Best Practices for Outsourcing Cyber Security & Compliance Services

Cybersecurity Outsourcing Report 

Cybervisors (cybersecurity advisers) from Lazarus Alliance, Inc. provide information security chiefs (CISOs) and IT security teams with information and advice on how to address the cybersecurity skills gap.

How to find a trusted GRC partner

Outsourcing Cybersecurity Operations is a great way to save money and time and close the very serious and growing gap in computer security skills. However, it is also a very serious decision. Your cyber security provider has access to your entire network and all your confidential data. How can you ensure that you trust your business to a provider that is not only legitimate but also suitable for your organization and data environment? Below are five best practices to follow when outsourcing your IT security and IT compliance.

If something seems "out" of a company, it is likely

At a minimum, avoid providers who do the following:

• You cannot provide an address and phone number.
• They do not have corporate email addresses and instead communicate with addresses from Gmail, Yahoo, etc.
• Do you have websites that look very "amateur" in design and / or contain broken English text.

These are instant red flags indicating that you are dealing with a hobbyist, or possibly night surgery.

Get referrals

Even if a provider seems absolutely legitimate and professional, always ask for references and call them. Professional cyber security companies are happy to provide verifiable references. You should also Google the name of the company and its customers and look for comments, or complaints.

Make sure the provider can meet all of your compliance requirements

GRC's ongoing assessment and evaluation services include HIPAA and HITECH, PCI DSS QSA, SSAE 16 and SOC, FedRAMP, FISMA, NIST, CJIS, ISO, NERC CIP, SOX, ISO Certifications and EU-US Privacy Shield reports. We are the only company based in Arizona that offers this depth of coverage.

However, many GRC companies, including some very large ones, meet certain IT compliance requirements, but not others. Make sure that your provider not only offers all of the compliance services you need, but also has experience performing these specific audits. Ask about your specific compliance requirements while reviewing supplier references.

Ask the provider about their audit and compliance processes.

Believe it or not, some IT auditors still use Excel or other spreadsheet programs for reporting and IT compliance audits, although spreadsheet programs were never used with the large amounts of data found in today's complex data environments. They were created. A GRC provider who is still messing around with spreadsheets will end up costing you a lot of time, money, and headaches.

Make sure your provider uses modern RegTech software to perform compliance reports and audits, such as: B. Continuum GRC's proprietary IT Audit Machine (ITAM). ITAM leverages big data and rapid reporting capabilities to automate reporting and data management. Instead of dozens of different spreadsheets and general ledgers, ITAM creates a central repository of all IT compliance requirements with associated controls and automated information flows for audits, evaluations and tests. This saves you time, money, and stress and gives you a complete picture of your data environment, as well as its risks and weaknesses.

Get everything in writing

Finally, make sure the provider signs a written contract that details what is expected of them and is willing to guarantee any promises you make.

By following these best practices, companies can reap the benefits of outsourcing, minimize risk, and build fruitful long-term relationships with trusted cyber security providers.