A third-party cybercrime professional known as vCISO performs the same tasks as an hired CISO.  vCISOs, on the other hand, are not full-time employees of your organization and do not earn the same income and aids as full-time employees. Besides this, they may function as DFARS consultant if required by the firm. Conversely, they are hired as consultants and compensated on a per-project basis. This makes them an appealing choice for businesses who cannot afford to hire an in-house CISO.

vCISOs have a lot of responsibilities when it comes to securing an organization’s digital assets. Preparing organizations for administration audits is one of the most important responsibilities of vCISOs.

  • What are the benefits of government audits?

Governments build security protocols and enforce restrictions that specific firms must follow in order to secure their residents’ privacy. The following are some of them:

  • HIPAA — covers entities who collect and manage sensitive health information.

The National Institute of Standards and Technology (NIST) is a U.S. government agency The National Institute of Standards and Technology’s Cybersecurity Framework (NIST CSF) – may be used by any firm seeking to establish a framework for securing its digital assets.

General Data Protection Regulation (GDPR) – applicable to any company that handles personal information from European Union citizens.

The Cybersecurity Maturity Model Certification (CMMC) program is for military industrial base organizations who have or want to have contracts with the Department of Defense (DoD)

The government may conduct audits to check that a business is following all applicable requirements. The investigators evaluate the elements of an organization’s cybersecurity infrastructure and look for possible weaknesses during these examinations. They also determine what measures the organization has to take to correct these issues. In the case of CMMC, the internal audit will also decide what sorts of contracts the company will be granted, if any at all.

  • How might a virtual CIO assist you in passing government audits?

The advice of a virtual chief information security officer is crucial in ensuring that a firm complies with regulatory obligations and is well-prepared to pass government audits. They can assist you with:

  • Perform data and vulnerability analyses

Businesses must undertake data audits in order to establish the various types of data they manage and the rules they must adhere to. HIPAA and GDPR must be followed by a health insurance company with a Berlin office, for example. Businesses must also perform vulnerability analysis to discover faults in their present cybersecurity architecture that might lead to a government audit failure.

  • Create policies and plans for remediation.

A virtual chief information security officer (vCISO) brings together expertise and up-to-date understanding of cybersecurity industry standards to remedy any gaps in a company’s security positioning. They can also conduct an assessment of existing guidelines to verify that they are up to date.

  • Consult with auditors

A virtual CIO can serve as the company’s point of contact with government auditors, guaranteeing that interactions are managed systematically and successfully. They ensure that the firm understands and reacts to all auditor concerns, and that issues are resolved quickly. They also arrange any necessary follow-up.

  • Ensure that the framework’s criteria are met.

DFARS Compliance isn’t a one-time thing; it’s a long-term commitment that businesses must make. A virtual CISO checks, assesses, and upgrades the company’s policies and security procedures on a regular basis to verify that they comply with regulatory regulations. They can also conduct security awareness seminars and other long-term projects targeted at strengthening and strengthening the company’s cyber defense systems.