Cybersecurity outsourcing: how to keep flat budgets from adversely affecting your organization

January 26, 2021
Anita Schneider

2021 is expected to bring flat—if not decreased budgeting—for businesses. The security of your network and data cannot afford to be compromised by those cuts. One way to ensure the security of your most valuable asset is to outsource. This article takes a look at cybersecurity outsourcing considerations using the NIST Cybersecurity Framework.

Consider outsourcing cybersecurity using the NIST Cybersecurity Framework

Developing and managing a successful security program is both expensive and time consuming. Because of this, cybersecurity outsourcing has become mainstream for companies of every size across all industries. Companies can choose from outsourcing a small portion, or all of their IT security to a managed security provider. Following the NIST Cybersecurity Framework, we’ll take a look at available outsourcing security services to help safeguard your business.

Identify. The first step to understanding how to best mitigate your risk requires a comprehensive view of your organizations business drivers and security considerations specific to its use of data, systems, assets and capabilities. A Security Assessment will unlock this information, align it to your gaps versus your goals, and provide a roadmap for success.

Protect. Your customers and employees depend on the delivery of critical infrastructure services and on your ability to safeguard their data. Protecting these services and data in a way that is consistent with your roadmap will give you the ability to limit or contain the impact of a potential cybersecurity event. These include control of access to digital and physical assets; defined processes for data security; network configuration updates; and deploying the appropriate security technologies.

Detect: The constant changes in both IT practices and the threat landscape place an exorbitant amount of pressure on IT staff. 24×7 monitoring solutions that detect threat activity and provide operational continuity are effective ways to analyze and quickly detect a cyber event without requiring the buildout of an SOC or security monitoring team.

By outsourcing cybersecurity, you’ll help your organization with:
  • Underlying technologies.
  • Alert fatigue.
  • Network monitoring.
  • Investigation and verification.
  • Threat awareness.
  • Incident response.
  • Compliance reporting.
  • Compliance reporting.

Respond: As corporations move toward digital transformation to create a future-forward business, a comprehensive security plan must also be in place to protect your business. When a cybersecurity event is detected, the action taken to contain the impact of the incident must be a pre-planned, documented process in order to minimize impact to the organization. Cybersecurity outsourcing for risk and management governance brings expertise and objectivity that are paramount to creating a sound plan, testing your capabilities, and lining up expert help for incident response.

Recover: Documented activities, communication, and processes are required to restore affected services during and following a cybersecurity event. The implementation of improvements based off lessons learned and reviews of existing strategies will ensure your security posture is up to date. 

If you have limited on-site expertise, we recommend partnering with a trusted incident response provider to assist in creating a plan. A strong plan will guide you to:

  • Properly and effectively prepare for an attack.
  • Detect and analyze an intruder.
  • Contain the attacker, eradicate their presence on your network, and recover the impacted assets.
  • Assess your learnings.

Contact the security experts at CBTS to get started on or update your cybersecurity plan.

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