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Checklist: Do You Need a Virtual CIO?

Amid your daily responsibilities, are you making time to strengthen your cybersecurity, create a disaster recovery strategy and plan other value-added IT initiatives? Like most small and medium-sized companies, you probably don’t have enough time in the day to devote to protecting and advancing your business technology. A virtual Chief Information Officer (vCIO) serves as an executive-level member of your team, helping you maintain a competitive advantage by successfully leveraging the right technology for your business.

Do you need a vCIO? Answer these questions to find out:

Do you know where your data is stored and how to access it in case of a disaster?

Your primary systems can fail without warning when you face a natural disaster, malicious cyberattack, power outage or employee error. Do you have a process in place to quickly retrieve your mission-critical data? Do you know how long your business can be down before it dramatically impacts your bottom line? Knowing the answers to these questions is imperative – The US Bureau of Labor found 93 percent of companies without a disaster recovery plan are out of business within one year of suffering a major data disaster.

Do your employees know how to safely use their mobile devices for work?

With the rise of the Bring Your Own Device (BYOD) trend, organizations are using mobile devices more than ever. Mobile devices can improve your team’s flexibility and productivity – in fact, a study by Cisco found that companies with BYOD processes save an average of $350 per year, per user. However, they also open your business up to additional cyberthreats. Companies that are serious about implementing BYOD must deploy end-to-end security software and institute company-wide training to minimize incidents.

Do you have a comprehensive cybersecurity strategy in place?

When enterprise companies like Macy’s, Apple and Facebook get hacked, you hear about it on the news – but you probably don’t hear about the thousands of small and medium-sized businesses that suffer cyberattacks each year. The worst part is that, according to the National Cyber Security Alliance, 83 percent of small businesses have no formal cybersecurity plan and 69 percent have no plan at all. This isn’t a job that can be left to a single person, and even if you have an internal IT team, these tasks will take up the majority of their time.

Are you aware of new technology that could improve your operations?

Technology is constantly evolving and providing new opportunities for businesses, but the latest technology isn’t always the greatest and what works for others might not work for you. If you’re not entirely confident that a new solution or product will actually provide a strong ROI, you could be wasting thousands of dollars. Most business owners don’t have time to thoroughly research every new product or determine whether it will be a good long-term fit for their company, so they make the wrong investments or opt not to invest at all.

If you answered “no” to one or more of these questions, you need the assistance of a virtual CIO. For a fraction of the cost of hiring an in-house CIO, you get access to a team of IT experts who help you develop sound business continuity, BYOD and cybersecurity policies – all while keeping your technology costs down and leveraging new technology to keep you competitive. To learn what a vCIO can do for you, contact us now.