Here's how you can navigate the risks and liabilities of starting an information security business.

Como experto en seguridad de la información, recomiendo: Familiarícese con leyes como RGPD y HIPAA, que dictan normas de protección de datos. El incumplimiento puede resultar en multas y da?ar su reputación. Consulte con expertos legales en derecho cibernético para entender sus obligaciones e implementar políticas que mantengan a su empresa dentro de la ley.

Absolutely! When you're kicking off your InfoSec biz, legal compliance is a must. Get to know laws like GDPR and HIPAA—they set the rules for data protection. Skipping out on these can mean big fines and a hit to your rep. Seriously, hook up with cyber law pros to get a handle on your obligations. They’ll help you set up policies to keep your company legit and out of trouble. Trust me, it's worth it to stay on the right side of the law from the get-go.

You need a clear value proposition and the ability to show return on investment. It's not enough to simply warn of risks that could happen if people don't buy your product or service. Yes, the cost of a breach might be high, or the ransom might be extortionate, of the fines punitive. But, those impacts only occur if the business is attacked or unlucky - tenuous. If you can point to time saved in compliance and regulatory obligations, reduced workload for a security team, simpler improvement of existing controls, faster alert turnaround, better reporting for less effort (for auditors, managers, customers), reduced insurance premiums... then there is a benefit in time saved or value derived that is irrespective of the cost of an impact.

Starting an information security business comes with its own set of risks and liabilities, but there are steps you can take to navigate them by investing in comprehensive liability insurance specifically tailored for information security businesses. This can include general liability insurance, errors and omissions (E&O) insurance, and cyber liability insurance to cover any data breaches or cyberattacks. You may also consult with legal experts specializing in business law and information security to ensure your business practices and strategies are legally sound and adequately protect you from potential liabilities.

Starting an information security business involves managing various risks and liabilities. Here are some key considerations on risk management: 1. Identify Risks: Systematically identify potential threats or uncertainties that could impact your business, especially those that may emerge along with technologies involvement such as AI, quantum computing, etc. 2. Assess Likelihood and Impact: Evaluate the likelihood and impact of each risk. This should not be limited to current business scope but aligned with your mid&long term business plans. 3. Mitigate Harm: Develop strategies to minimize harm from identified risks. 4. Monitor Effectiveness: Continuously monitor the effectiveness of risk mitigation measures and make proper adjustments.

Many organisations fail in conducting the risk assessment in more methodological ways. It should always have a minimum of three steps of Risk Identification, Risk Analysis and Risk Evaluation.

Risk assessments are crucial, but let's face it, sometimes sneaky vulnerabilities slip through the cracks.To mitigate this, implementing continuous monitoring and regular security audits can help catch potential threats that initial assessments might miss.Plus, by fostering a proactive security culture and staying ahead of the latest trends, you'll keep your defenses strong and your business safe.

Some conditions are important for an adequate risk assessment. The main thing is to have in-depth knowledge of the processes and systems that are the objects of assessment, as well as the way in which they are operationalized and interact with each other. It is also very important to understand the more general context, define the scope, work with method and master the different techniques available to decide on the most appropriate one for the specific case.

je ne suis pas persuadé qu'il faille réaliser des analyses de risques en profondeur mais plutot proposer des enablers et un site SI robuste permettant d'héberger les applications avec un niveau de sécurité élevé par défaut, quitte à "sur protéger" --> le prêt à porter VS le sur mesure, très couteux et peu évolutif

Companies wait for a security incident to happen to get a budget allocated for Risk assessments. Assessments involve multiple prospects: - Threat Modelling in the design phase - SAST and SCA when a product is ready to deploy - DAST and Monitoring pre and post deployment of the code. Assessments (considering a black-box or a Red Team) covers prospects of real world scenarios and more the experienced security consultant you get, more the fine tuned results you get.

There are numerous recent examples of head of security being charged with potential wrongdoing or negligence. Due to complexity and potential impact of a breach to the organization as well as its customers, it is prudent to seek E&O liability insurance. This will achieve: 1- Ensure peace of mind for the business - during a potential breach - maintaining focus on business continuity instead of legal challenges. 2- Be able to attract great talents knowing the organization will support them during a crisis.

Professional Liability Insurance (Errors and Omissions Insurance): This type of insurance is essential for protecting your business in case your services fail to prevent a security breach. It covers legal defense costs and any settlements or judgments that arise from claims of negligence, errors, or omissions in the professional services you provide. This is particularly important in the InfoSec industry, where clients rely on your expertise to secure their systems and data. Cyber Liability Insurance: Data breaches and cyber incidents. It can cover a range of costs, including Legal Fees, Notification Costs, Credit Monitoring Services, Public Relations Expenses, Business Interruption Losses, Regulatory Fine and Penalities

Los seguros son esenciales para reducir riesgos en una empresa de seguridad de la información. El seguro de responsabilidad profesional (E&O) protege contra reclamaciones si los servicios fallan en prevenir infracciones. El seguro de responsabilidad cibernética cubre costos de violaciones de datos, como honorarios legales y monitoreo de crédito. Estas pólizas actúan como una red de seguridad financiera vital para enfrentar reclamaciones. Sin embargo, es fundamental gestionar riesgos de manera exhaustiva, cumplir con las normativas y adoptar medidas de seguridad sólidas para protegerse y mantener la confianza del cliente.

A seguran?a da informa??o é uma preocupa??o crescente para todas as empresas, independentemente do tamanho ou setor em que atuam. Com o aumento das amea?as cibernéticas e a possibilidade de viola??es de dados, é fundamental que as empresas estejam preparadas para lidar com esses riscos de forma eficaz. Uma parte essencial desse preparo é o gerenciamento de riscos, que envolve a implementa??o de estratégias para identificar, avaliar e mitigar os potenciais riscos de seguran?a da informa??o. Nesse contexto, o seguro de responsabilidade civil profissional e o seguro de responsabilidade civil cibernética desempenham um papel crucial na prote??o financeira da empresa em caso de incidentes de seguran?a.

Insurance plays a pivotal role in mitigating risks for an information security business. Professional liability insurance (E&O) shields against claims if services fail to prevent breaches. Cyber liability insurance covers costs from data breaches, including legal fees and credit monitoring. These policies act as a financial safety net, crucial for businesses facing claims. However, thorough risk management, compliance, and robust security measures remain foundational in safeguarding against liabilities and maintaining client trust.

Before signing any contract with a client, it’s crucial to perform rigorous research. Here are some steps to consider: 1- "Due Diigence" Investigate the client’s background, financial stability, and reputation. Understand their business model, industry, and potential risks. 2- Consult with legal experts to ensure that the contract terms are airtight. Address critical aspects such as deliverables, payment schedules, confidentiality, and liability. 3- Ensure that the contract terms are backed by insurance. This provides an added layer of protection against unforeseen events or disputes. Remember, a well-structured client contract sets the foundation for a successful and secure business relationship. ??

Klare Kundenvertr?ge sind entscheidend für die Haftungsbegrenzung. Sie sollten Dienstleistungsumfang, Verantwortlichkeiten und Einschr?nkungen festlegen, um Missverst?ndnisse zu vermeiden und Erwartungen zu managen. Behandeln Sie Haftung, Vertraulichkeit und Datenverarbeitung. Gut ausgearbeitete Vertr?ge bieten rechtlichen Schutz und st?rken das Vertrauen der Kunden durch Professionalit?t und Transparenz.

For liability, ensure you are specifying what third-parties (ex. software, data storage, processors) are being used as part of the project or for ongoing support provided to the client. Reference where your responsibility ends and the third-party takes over, including who (if anyone) is responsible / billable for cleaning up supply-chain attacks (see aftermath of Kaseya ransomware that affected MSPs and their clients). This applies to contracts with clients and vendors / suppliers.

Always have clear terms of understanding in signing contracts and make sure that all the stakeholders clearly define their boundaries for "In Scope" and "Out of Scope" activities. This also involves the indirect vendors who are affiliated to the business their limitation in terms of "Security". It's better to it reviewed through one or two "Experts" in the field to make sure that the language stated in the contracts are very crisp and clear and no hidden meaning should be evolved at a later stage regarding the same. Data handling and the legal boundaries should be clearly defined. Nothing should be assumed and all the meeting discussion regarding the contracts should be clearly captured.

Drafting clear client contracts is indeed vital for managing risks and liabilities in an information security business. These contracts should clearly define the scope of services, responsibilities, limitations, and expectations, thus preventing misunderstandings. Including terms related to liability, confidentiality, and data handling practices adds an extra layer of protection. A well-crafted contract not only offers legal protection but also enhances client trust by showcasing professionalism and transparency. It's an essential tool for setting clear boundaries, managing expectations, and mitigating potential disputes, ultimately contributing to the success and credibility of your business.

Eu acredito que seja essencial que a equipe de resposta seja treinada regularmente e que todos saibam suas fun??es específicas durante um incidente. Além disso, a comunica??o interna e externa deve ser bem coordenada para garantir que todas as partes interessadas sejam informadas de maneira precisa.

Having an incident response plan is crucial, but it's only half the battle. Regular mock audits ensure the team is prepared and ready to respond swiftly and effectively. Mock audits identify vulnerabilities, test response times, and refine communication strategies. By practicing incident response, one can minimize downtime, reduce risks, and protect organization's reputation. Don't just plan, practice – stay ahead of potential threats!

La question initiale : allons nous nous faire attaquer ? Puis, quand allons nous faire attaquer? Maintenant, c'est "nous sommes attaqués" Il faut aller plus loin que les traditionnels PCA et PRA en bulle et apprendre à créer un SI "as code" si possible pour permettre aux métiers de passer en mode survie. Attention, les métiers doivent anticiper le retour au papier crayon

Having a plan is great but also practice that plan with table top exercises so your team is well prepared. Make sure to bring everyone to the table not just IT a d security. An incident may involve departments such as HR and legal.

Creating an incident response plan is crucial in information security. It establishes a structured process for promptly and effectively addressing security breaches. By outlining clear steps for detection, containment, eradication, and recovery, you can reduce the impact of incidents and manage potential liabilities. Effective communication with stakeholders is vital for transparency and trust. Regular testing and updates to the plan demonstrate proactive risk management, showing your commitment to protecting sensitive data. A well-executed plan boosts your business's resilience and credibility with clients and regulators.

One thing that is vital in the Infosec Industry is to keep up with the changes in order to stay relevant. You can never stop learning if you want to stay in the game. You need to invest time, effort and money to stay up to date. Webinars, CPEs, certifications are some of the ways to do it. However nothing beats real world experience.

Para garantir a seguran?a da informa??o e a longevidade do seu negócio, algumas a??es podem ser levadas em considera??o: Atualize-se Constantemente: Participe de certifica??es, workshops e eventos do setor para se manter informado sobre as últimas amea?as e tendências. Invista em Tecnologia: Adote solu??es de ponta para prote??o de dados e monitoramento contínuo. Eduque Sua Equipe: Realize treinamentos regulares para todos os colaboradores sobre boas práticas de seguran?a. Realize Auditorias: Fa?a revis?es periódicas dos sistemas e políticas de seguran?a para identificar e corrigir vulnerabilidades. Participe de Comunidades: Envolva-se em fóruns e grupos de discuss?o sobre seguran?a da informa??o para trocar experiências e conhecimentos.

Continuous learning starts by investing in yourself and your teams. As much as one needs to continuously update own skills to be relevant, we also need to invest in our teams’ ability to navigate the ever changing IT and security landscape. The idea of gamification of training through fun events and reward system, both achieves continuous learning as well as creating an exciting workplace to retain talents.

Kontinuierliches Lernen ist entscheidend für die Langlebigkeit Ihres InfoSec-Unternehmens. Bleiben Sie über Bedrohungen und Trends informiert und investieren Sie in Zertifizierungen, Workshops und Branchenveranstaltungen. So halten Sie Ihr Wissen aktuell, bieten innovative L?sungen und sichern sich einen Wettbewerbsvorteil.

Legal including the regulatory and location specific laws needs to be thoroughly analysed, assessed and included n the Plan Risk Assessment Technology specific and Industry specific also needs to be carried out Need to analyse and forecast future emerging technologies and risks associated with those areas while documenting the controls Ensure to include Privacy and Resilience Framework from design phase Continuous learning need also to be very industry and domain specific to ensure the information are securely handled and consequences are well explained for the data processing units

One thing I've found helpful when starting an information security business, is that it is crucial to mitigate risks and liabilities. Conduct thorough risk assessments, implement robust security measures, adhere to legal regulations, obtain necessary insurance coverage, secure client contracts with clear terms, and invest in ongoing training for employees to ensure compliance and minimize potential liabilities. Additionally, establishing strong data protection policies, conducting regular security audits, and staying informed about industry trends and emerging threats are essential steps to navigate the risks associated with running an information security business.

Business Structure- consider selecting an appropriate business structure that seeks to protect you personally from liabilities. Sole Proprietorship, Limited Liability Company or a Partnership are all options. LLC have a combination of liability protection, tax benefits and flexibility with operation.

Me ha resultado muy útil la utilización de indicadores de seguridad, te van a permitir ver tu estado actual y tambien darte ese punto de partida o proyección de como quisieras estar.

It is always good idea to discuss with experts in law and those who already started a business. They would have tips and tricks and recommendation which you couldn't find them online and they are helpful.

Aiming to ensure you're solving a major market need cannot be overemphasized, this should be top priority. You'll have to equally do the work to ensure you're reaching the right target audience with your solution.