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Cynet: 10 SME CISOs with Small Security Teams Reveal Strategies for Securing the Enterprise

March 2021 by CYNET

Cynet announced a new guide titled "10 CISOs with Small Security Teams Share their Must Dos and Don’ts" which details how to effectively manage small and medium enterprise (SME) security with five or fewer cybersecurity team members. As the challenges of smaller security teams are certainly different than with larger teams, these IT professionals must be more creative and pragmatic than their large enterprise counterparts.

In the past several years we have seen a rise in cybersecurity attacks on businesses of every size. Business email has been compromised, endpoints are under constant threat, and ransomware attacks have multiplied to name a few. Unlike large enterprises with extensive cybersecurity teams, SMEs are plagued with a lack of dedicated resources, device mis-administration, lack of training and a reduced level of IT management framework. Despite this, SME CISOs with these reduced teams have adapted and overcome and in a recent survey, provided ten recommendations for maintaining the highest level of protection possible.

1. Invest in communicating upstream: Develop and present a strategy/plan to address cybersecurity attacks. This should be done annually and be presented in board meetings. Avoid tech-speak and present the statistics, trends and overview of new threats. Discuss the business risk these threats pose and the company’s ability to defend against such attacks. Set the budget and expectations in the plan and communicate what can and cannot be done, along with the associated risks.
2. Leverage compliance to increase security budget: Compared to cybersecurity budget concerns, the compliance budget "is what it is." It is an inflexible requirement that requires compliance for business operation. Leverage the compliance budget to augment the security environment for adherence. Verify with a control vs. regulation matrix and check for gaps on each regulation. This is a forward-looking approach that will help to easily comply and understand what gaps remain when the next regulation arises.
3. Consider the end-to-end costs of purchased products: From initial deployment to post-installation analytics, alerts and maintenance, the costs of new security solutions cover multiple areas. When investing in a new cybersecurity product, make sure to understand the associated investment beyond the actual product cost and the security coverage, the upgrade frequency and requirements, dashboard/SIEM monitoring for alerts, false positive rates and more. Ask the vendor for a trial period in order to better understand and assess these parameters.
4. Consolidate security platforms: There can be many layers of security with each increasing the level of overall IT complexity. Look for that single product that consolidates multiple technologies by design.
5. The most well-known and/or expensive brand is not necessarily the best: Check comparison sites, read blogs and speak with colleagues to gain from their experience with various solutions. See how solutions rank in terms of third-party evaluations and security effectiveness.
6. Avoid the security alert wild goose chase: Security teams, by definition, operate on alerts. Since smaller teams do not have the resources to follow up on each alert, set polices that define when a particular alert needs to be addressed. Make sure to follow-up on alerts that have been automatically remediated since that initial threat could be a part of a larger campaign.
7. Consider security solutions that do not block operations: Employees will nearly always try to subvert a security policy if it slows down their operations. Instead of creating a uniform policy for all entities at the company, opt for multiple policies per role and how to overcome challenges.
8. Automate as much as possible: If there are multiple manual tasks, there is most likely a way to automate these to reduce the time investment. Leverage the power of newer automation technologies to avoid menial or repetitive work.
9. Look beyond the product: Steer away from products or services that lack quality customer support and servicing to avoid a semi-functioning solution. When inquiring about a new product ask how much product training is provided, is there an initial setup cost, is there a dedicated customer success manager, how proactive is customer service, what is the service level agreement (SLA) on an open ticket and is there servicing for incidents (MDR)?
10. Leverage SaaS offerings to reduce costs, overhead and resources: SaaS solutions reduce deployment, management requirements, maintenance resources, and costs. Many security SaaS offerings are also more effective as a cloud-based architecture given their stronger processing capabilities. Check the security stack and perform research to confirm what can be replaced with a SaaS-based solution and benefit from the centralized management, processing and operating costs without sacrificing protection.

"With a bit of additional research, the right tools and supportive services, smaller cybersecurity teams can achieve enterprise-level protection to ensure their organizations are properly defended," said Eyal Gruner, CEO and founder of Cynet. "Thanks to the input of CISOs from the technology, healthcare, retail, financial services, and insurance industries, these security professionals have this high-level guidance to strengthen their security posture."




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