vCISO Services: Uniting Security and Compliance for MSPs

March 5, 2024
1 min read

TLDR:

  • vCISO services are becoming increasingly important for MSPs in the current landscape of heightened security and compliance concerns.
  • 86% of service providers in North America plan to add vCISO services to their offerings in the coming year.

In today’s world, where security and compliance are top priorities for businesses of all sizes, vCISO services have emerged as a valuable tool for managed service providers (MSPs). According to Royi Barnea, vice president of channel sales at Cynomi, the demand for vCISO services is on the rise as most SMBs cannot afford to hire their own chief information security officers (CISOs) or other high-level security specialists.

Barnea highlighted the importance of vCISO services in addressing security and compliance concerns, noting that they serve as a form of insurance that MSPs can offer their business clients. A survey conducted by Cynomi revealed that 86% of service providers in North America are planning to add vCISO services to their offerings in the upcoming year, indicating a significant growth opportunity in this space.

Key benefits of implementing vCISO services include expanding cybersecurity offerings, improving core efficiency, increasing profitability, and enhancing customer security. Cynomi differentiates itself by offering a comprehensive vCISO platform that addresses cybersecurity and compliance gaps. By selling exclusively through the channel, Cynomi aims to provide tailored solutions for each client based on their specific needs.

For MSPs like Jonathan Gibney, CEO of Southridge Technology, vCISO services present an exciting opportunity to enhance their security offerings and provide clients with a more comprehensive solution. By partnering with Cynomi, MSPs can improve client retention, increase efficiency through automation, and capitalize on upsell opportunities.

Overall, vCISO services are poised to play a critical role in helping MSPs meet the growing security and compliance demands of their clients, ultimately driving business growth and success in the competitive landscape of cybersecurity.

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