Complying with federal cybersecurity standards, though essential for the defense industrial base and national security at large, presents immense fiscal challenges for smaller businesses that struggle every day to meet the demanding requirements—without breaking the bank. Introduce your business by sending introductory letters alongside your brochure to all the corporate organizations, business owners, research centers, institutions, banks, military establishment, blue chip companies, businessmen and businesswomen, start – ups, entrepreneurs, aspiring entrepreneurs, and telecommunication companies within and outside the city you are operating in who have the capacity to pay for your services. As a cyber security specialist, you will add new software to security files, perform security tests on data processing systems and keep virus protection systems up to date. Basically, when clients hire your services or purchase your products, they expect you to proffer solution to their pressing IT and cyber security related challenges and concerns. Under the interim rule issued in December 2015 (DFARS § 252.204-7012), DoD contractors (including small businesses) must adhere to two basic cybersecurity requirements: (1) They must provide adequate security to safeguard covered defense information that resides in or transits through their internal unclassified information systems from unauthorized access and disclosure; and When it comes to starting a business of this nature, it will pay you to buy the franchise of a successful IT security consulting firm as against starting from scratch. Encourage the use of word of mouth publicity from your loyal customers, Leverage on the internet and social media platforms like; YouTube, Instagram, Facebook, Twitter, LinkedIn, Snapchat, Badoo, Google+ and other platforms to promote your business, Ensure that we position your banners and billboards in strategic positions all around your city, Distribute your fliers and handbills in target areas in and around our neighborhood, Contact corporate organizations, business owners, research centers, institutions, banks, military establishment, blue chip companies, businessmen and businesswomen, start – ups, entrepreneurs, aspiring entrepreneurs, and telecommunication companies within and outside the city you are operating in who have the capacity to pay for your services. The new General Data Protection Regulations (GDPR) come into effect in May 2018, and put new data security requirements on every business that does business within the EU, regardless of what country they are based in. However worrisome the threat of an attack externally is, companies now also have to worry about internal attacks from employees. When it comes to password security, the Cyber Essentials scheme offers clear guidelines. Periodically, these specialists re-certify the security of applications and the server. Pally Drake IT Security Consulting Services Co. Sammie Dane Cyber Security Consulting Services, Inc. Shannon Pearce IT Security Consulting Services, Inc. Develop Strategies to Boost Brand Awareness and Create a Corporate Identity, Providing email and cloud security services, Providing other IT protection consulting services, buy the franchise of a successful IT security consulting firm, choosing a location to launch the business. An initiative of the UK’s Department for Business, Innovation & Skills (BIS), Ten Steps to Cyber Security is a framework which provides an overview of cybersecurity for business … According to forecasts, the investments were likely to reach $77 billion as at the end of 2015. So, if you have plans to start your own cyber security consulting services company, it will pay you to build first build a successful career in the cyber security consulting services industry. The listings below may include sponsored content but are popular choices among our users. Unfortunately, any application may contain holes, or vulnerabilities, that attackers can use to infiltrate your network. Here are some of the options you can explore when sourcing for start – up capital for your cyber security consulting services company; The fact that you can operate your cyber security consulting services company from any part of the world does not mean that location has little influence on the success of a pay cyber security consulting services company. These skills are the minimum baseline that employers look for and that all industry members, regardless of specialty, should possess. Application security: Any software you use to run your business needs to be protected, whether your IT staff builds it or whether you buy it. Cyber security companies or IT security consulting firms manage IT security services such as firewalls, intrusion prevention, security threat analysis, proactive security vulnerability and penetration testing and incident preparation and response, which includes IT forensics. Learn about the threats and how to protect yourself. But people prefer limited liability Company for obvious reasons. The global cyber threat continues to evolve at a rapid pace, with a rising number of data breaches each year. The possibility of you coming across similar business that just closed shop in the location you want to open yours can’t be ruled out,  which is why it is very important to gather as much facts and figures before choosing a location to set up your own cyber security consulting services company. Please note that there will be times when you are expected to go out of your way to hire experts to help you handle some high – profile clients especially from big corporations. Just ensure you have what it takes to proffer the right solution to people and organizations’ cyber security concerns and you know how to reach out to your target market. Because they are in charge of the electronic security of an organization, they will need to be able to communicate with members of other departments and explain the necessary precautions taken to prevent any attacks. Starting from the scratch will afford you the opportunity to conduct thorough market survey and feasibility studies before choosing a location to launch the business. Additionally, it might include studies in programming, principles of software engineering, criminal justice, mathematics, technical writing, computer forensics and network security. However, according to KPMG, 50 percent of fortunes 500 CEOs globally with more than $500 million in revenue are usually not prepared as they should for a cyber-attack. One good thing about the cyber security consulting industry is that there is a readily available market for their services simply because individuals and even organizations naturally would want to improve and effectively manage their cyber security. She holds a Bachelor of Arts degree in English and Literature. These are some of the key factors that you should consider before choosing a location for your cyber security consulting services company; There are special technology or equipment needed to run this type of business, you will need IT server, customized cyber security software and customized antivirus amongst other unique products developed by you team of Programmers and Software Developers. What Can I Do with an Associate's Degree in National Security? Password-specific requirements can be found in the Secure Configuration and User Access Control sections of the Cyber Essentials Scheme. This will help boost your chances in the market place when sourcing for clients. What Colleges Offer Network Security Degrees in Las Vegas, NV? Starting a cyber-security company requires professionalism and a good grasp of the ICT industry. What Training is Needed for Becoming a Security Guard? Cyber attacks are a growing concern for small businesses. If you want to make impact in the financial consulting services industry, you should work towards acquiring all the needed certifications in your area of specialization. There are also systems analysts, who act as a link between business and information technology, helping to bridge the gap between the two. So, if you are looking towards defining the demographics for your cyber security company, then you should make it all encompassing. Colorado Christian University responds quickly to information requests through this website. A report by RiskBased Securityrevealed that a shocking 7.9 billion records have been exposed by data breaches in the first nine months of 2019 alone. Compliance with the standards can be achieved in many ways, depending on the technology choices and business requirements in question. 6 Best Cyber Security Franchise Opportunities for Sale, Starting a Cyber Security Monitoring Company – Sample Business Plan Template, Starting an Online Identity Theft Protection Company – Sample Business Plan Template, A Sample Cyber Security Business Plan Template, 50 Best Cyber Security Business ideas for 2021, Interesting Statistics About the Cyber Security Industry, 2. It is a known fact that the internet is one innovation that has changed the world; but as helpful as the internet has been, it has also caused a lot of problems as cyber-crimes are now being committed by either individuals or groups of people. A certification credential can increase your job opportunities and earning potential, and a large number of employers require it. The BLS estimated that median annual salary for information security analysts, was approximately $98,350 in 2018. Even though it is relatively expensive buying the franchise of an established IT security consulting services firm, but it will definitely pay you in the long run. Limited Liability Company, LLC will cut it for you. According to a report from Cisco, the demand for cyber security jobs is expected to rise to 6 million globally. If you have taken your time to study cyber security consulting services company, you will realize that cyber security consulting services companies and related businesses are willing to pay expensive rents in order to stay in a busy business district; a place where business activities and ICT activities are at its peak. Joy Nwokoro is a Freelance Business Journalist, researcher, translator and sales trainer who have worked with numerous clients amongst which is Women in World Banking, a business research NGO in New York, United States of America. Engage the services of marketing executives and business developers to carry out direct marketing. The industry in fact has unfilled positions that are expected to reach 1.5 million by the year 2019. Software developers are the ones who create applications and programs from the ground up, writing the code and finalizing design that benefits users. Most importantly, before choosing a location for your cyber security consulting services company, ensure that you first conduct a thorough feasibility studies and market survey. Write a Marketing Plan Packed With ideas & Strategies, 17. This is so because the nature of the business makes it possible for you to challenge organizations and individuals in court for illegally making use of your company’s intellectual properties. So, if you have done the required feasibility studies and market research, then you might want to venture into this business. Purdue University Global responds quickly to information requests through this website. Learn about the role of cybersecurity and its impact on the overall business growth. Starting a cyber-security company requires professionalism and a good grasp of the ICT industry. For professionals hoping to open the door to new career opportunities, a master’s program can help prepare students with the tools they will need to acquire senior cybersecurity positions . Types of Constraints That May Affect a Business Plan, Herjavec Group (Information Security Services), Force point (Cloud, Mobility & IoT Security), Lockheed Martin (Cybersecurity Solutions & Services), Symantec (Endpoint, Cloud & Mobile Security), IBM Security (Enterprise IT Security Solutions), Cisco (Threat Protection & Network Security), BAE Systems (Cybersecurity Risk Management), Clearwater Compliance (Risk Management and Compliance), Rapid7 (Security Data & Analytics Solution), DFLabs (Automated Incident & Breach Response), Rowland Pence & Co® Cyber Security Consulting, LLC, J P Mullen Cyber Security Consulting Services, LLC. New DFARS cybersecurity regulations are demanding, especially for small businesses, but solutions exist. This figure is more than double (112%) the number of records exposed in the same period in 2018. If you have enough capital to run a standard cyber security consulting services company then you should consider the option of leasing a facility for your office; when you lease, you will be able to work with long – term planning, structuring and expansion. With this information about cybersecurity degree requirements, novices can take the first step toward a cybersecurity career by earning a bachelor’s in cybersecurity. A recent report research conducted by Intel shows that the number of devices that will be connected might reach 200 billion in 2021; this is from the 15 billion connected devices in 2015. According to Gartner, as at 2016, more than $80 billion was spent on products and services related to cyber security. Please note that in most cases, when sourcing for clients from corporate organizations and other institutions, you will be called upon to defend your proposal, and so you must be pretty good with presentations. If you are just starting out you may not have the financial capacity or required business structure to retain all the professionals that are expected to work with you. How cyber attacks are executed and be able to reverse program solutions in short order; As the owner and operator of the business, you will need: Aggressive marketing skills; Ability to identify customers whose cyber security problems are not being addressed currently; Ability to hire and develop your killer programming team; Have keen attention to detail Noting that the cybersecurity position of a public sector company is a critical component of its financial condition, the report recommends amending SOX to specify the corporate responsibility requirements for the security of information systems; the performance and recording of cybersecurity risk assessments; the maintenance of internal records regarding those assessments; and … by calling them up and informing them of your organization and the services and products you offer, Advertise your business in your official website and employ strategies that will help you pull traffic to the site. Cyber security - industry insights 4 Protect your assets appropriately 4.1 Tackling external threats requires effective cyber security policies, standards, procedures and controls. Ordinarily, general partnership should have been the ideal business structure for a small – scale cyber security consulting services company especially if you are just starting out with a moderate start – up capital. Liberty University responds quickly to information requests through this website. These are some of the basic legal documents that you are expected to have in place if you want to legally run your own cyber security consulting services company in the United States of America; When it comes to financing a business, one of the first things and perhaps the major factor that you should consider is to write a good business plan. So, when you are drafting your marketing plans and strategies for your cyber security consulting services company, make sure that you create a compelling personal and company’s profile. In some cases, the agreed consulting fee will be paid in part and in some cases, it will be paid in full and upfront. Discuss With an Agent to Know the Best Insurance Policies for You, 10. You are strongly encouraged to pursue professional certifications; it will go a long way to show your commitment towards the business. If you'd like to train to become a cyber security specialist, you should obtain a 4-year bachelor's degree in computer programming, computer science, information science or computer engineering. This has led to a forecast that there will be an estimated increase in spending by companies for cyber security between the periods of 2017 and 2021 to $1 trillion. Most cyber security companies tend to offer general services that a standard cyber security company is expected to offer. Below are the platforms you can leverage on to boost your brand and to promote and advertise your cyber security consulting services firm; Copyright © 2021 Profitable Venture Magazine LLC | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. The 14 security control areas cover all aspects of cybersecurity that a company must understand, address and implement to achieve cybersecurity compl… This is a new minimum set of cyber security standards that government expects departments to adhere to and exceed wherever possible. What are the Core Courses of a Bachelor's Degree in Religion? Know the Possible Threats and Challenges You Will Face, 7. As a matter of fact, it is cost effective to use the internet and social media platforms to promote your brands, besides it is pretty much effective and wide reaching. Why Is It Important to Go the Extra Mile for your Clients? How Can I Become a Cyber Security Specialist. This has led to 20 percent of companies globally to create cybercrimes budget between $1 million and $4.9 million depending on the scale of the company and ensure strict implementation. Here are some of the platforms you can utilize to market your cyber security consulting services company; If your intention of starting a cyber-security consulting Services Company is to grow the business beyond the city where you are going to be operating from to become a national and international brand, then you must be ready to spend money on promotion and advertisement of your brand. It is the sum of all of the attributes of an information system or product which contributes towards ensuring that processing, storing, and communicating of information sufficiently protects confidentiality, integrity, and authenticity. Take a look at the following chart for an overview of how to enter this field. 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