CISO as a Service Pricing

In today's complex threat landscape, robust security leadership is essential – but a full-time CISO isn't always the answer. Let's explore how to budget effectively for outsourced security leadership while maximising ROI.

Understanding the Value Proposition

A mid-sized fintech company recently saved 40% on security leadership costs by opting for an outsourced CISO model. They gained seasoned expertise without the overhead of a full-time executive hire. Here's how to structure your budget for similar success.

Core Budget Components

1. Strategic Advisory Services

Your baseline needs typically include:

• Monthly security strategy sessions

• Quarterly board presentations

• Risk assessment reviews

• Compliance oversight

Pro tip: Most organisations need 8-16 hours of strategic guidance monthly. Start here.

2. Project-Based Initiatives

Reserve budget for specific needs:

• Security program development

• Compliance framework implementation

• Vendor risk management

• Incident response planning

3. Emergency Response Capacity

Include provisions for crisis management. A retail client recently benefited from pre-arranged emergency hours during a suspected breach.

Building Your Framework

Smart Allocation

Structure your budget with:

• Core retainer for steady-state leadership

• Flexible allocation for projects

• Emergency fund for unexpected situations

Cost Optimisation

• Start basic and scale up based on needs

• Share services across business units

• Leverage virtual CISO platforms

Watch Out For

• Under-budgeting for strategic planning

• Overlooking travel costs for on-site visits

• Missing technology platform fees

Next Steps

1. Assess your security maturity

2. Define clear objectives

3. Evaluate service models

4. Build a phased budget aligned with growth

Remember: Focus on securing the right expertise that protects your business while delivering value.

Need help? Consider consulting a security leadership advisor for a customised framework.