A chief information security officer (CISO) or information security officer (ISO), is a person who is responsible for planning, coordinating, and implementing measures to ensure the confidentiality, integrity, and availability of information and IT systems in a company. These three differ significantly in terms of budget responsibility.
An ISB analyses existing risks and vulnerabilities, creates security policies and processes, trains employees on how to handle data securely, carries out security audits, reacts to security incidents and reports to management on the status of information security. An ISB is not only responsible for technical aspects of information security, but also for organizational, legal and strategic issues. They must understand the company's requirements and goals, comply with relevant legal and industry-specific standards, promote a security culture and raise awareness of the importance of information security.
Here are a few recent examples:
Executives effectively integrate data security functions by using “security by design” right from the development phase. Regular safety audits and employee training strengthen internal security expertise. When working with third parties, compliance with clearly defined security requirements is essential. This is ensured through contractually defined standards and regular reviews. A comprehensive data protection strategy that takes into account both technical and legal aspects rounds off the security concept and ensures compliance. In this way, managers not only create a safe environment, but also promote customer trust.
A company needs an ISB if it processes sensitive or sensitive information that is at high risk of theft, loss, manipulation, or misuse. Hiring an ISB is often an industry standard (e.g. healthcare, finance, insurance, etc.).
An ISB is usually recommended for risky data processing such as financial data, trade secret data, research and development data, or critical infrastructures. An ISB helps the company protect this information, meet the security requirements of its customers and partners, maintain its reputation and competitive advantage, and avoid potential financial or legal consequences of security breaches.
A CISO/ISO from SIDD performs the following activities:
The cost of a CISO/ISO depends on various factors, such as the size and complexity of the organization, the scope and type of information to be protected, the level of maturity of the existing information security management system (ISMS), and legal and contractual requirements. A general answer is therefore not possible, but a rough orientation can be given based on the following criteria:
We offer the external ISB with a fixed number of hours per year. The customer can access these hours freely during the calendar year. This gives you more flexibility in case of questions or incidents. Depending on the maturity level of the company, a separate project can either be carried out to establish information security governance before the ISB assumes ongoing support, or improve the maturity level during ongoing operations.
After hiring SIDD as an external CISO/ISO, onboarding starts as follows:
We conclude a service contract that contains the framework conditions and scope of our activities as an ISB. Digital, of course 😉
We conduct a kick-off workshop with you to get to know each other, agree on expectations and discuss the next steps.
We carry out an inventory of your data protection-relevant processes, systems and documents in order to determine the current status and the need for action.
We create an action plan to implement information security requirements. This plan includes, among other things, the preparation or revision of guidelines, planning training and awareness measures.
We support you in the practical implementation of the planned measures, e.g. through advice, training, and testing.
We are available to you as a permanent point of contact for all InfoSec questions and are responsible for the continuous monitoring, updating and adaptation of measures to the changing legal and technical framework conditions.