Cyber security is expensive and highly specialised. Consequentially, it is sometimes simply more cost effective for small-to-medium and mid-tier sized organisations to outsource this responsibility in either full or partial components. Standard criteria to mark against any cyber security vendor should be assessed by:
- Checking the chosen vendor is competent and can provide the services you need;
- Cyber security posture is enhanced and strengthened by their approach;
- They are consistent in their approach;
- They provide outcomes, not technology point solutions;
- They are competitive and cost effective;
- They do not lock you into a solution or relationship without your full understanding and agreement; and
- You can trust them with your most sensitive data and IT assets.
However, it is easy to get wrong. There are thousands of tools, products, services, standards and frameworks flooding the cyber security industry. Cyber security is one of the fastest growing industries around the world and developing into a technically broad and complex landscape. As a prospective buyer, you will come across an astonishing array of solutions to purchase, which can be a daunting task for a non-specialist in this area.
When searching for a security vendor to cover your needs, it won’t be hard to find a variety of vendors that are wanting to work with you. The challenge is to find a comprehensive solution that offers you flexibility, cost effectiveness, the right controls and outcomes, and adequate remediation in the event of a cyber security breach.
Evaluation criteria for choosing your security vendor can include assessing whether:
- They offer a comprehensive solution that identifies and protects your environment;
- That they offer an enterprise-wide solution;
- That the solution is cost-effective;
- That the product or service based solution meets your outcomes and not the outcomes of a myopic view from the vendor salesperson;
- That the chosen vendor has industry familiarity and case studies relevant to your organisation;
- That they offer reliable talent and resources to implement and support a solution; and
- They have longevity in the market with a long-term partnership plan.
For more information on how to choose the right security vendor, and in-depth advice on how to achieve vendor success, please download our guide and checklist here: