Should I Hire or Outsource My Cybersecurity Team?

Today’s hiring options are critical. Amid what’s being termed “the great resignation,” many tech and IT employees may be planning an exit. Tech and IT workers commonly contend with chronic burnout, limited career progression, and unrealistic demands from employers.

This situation is currently pushing many companies to rethink their IT security strategy. In the past year, it has become more difficult to retain current security employees and hiring new technicians is increasingly more costly. As these high-demand professionals are demanding higher and higher salaries, outsourcing is starting to look like the winning option, if not the only option in some areas.

Hiring IT Security Specialists In-House

Pros

• Flexibility: Hiring an internal team means the freedom to do things your own way. Employees can be reallocated as priorities shift and projects arise.
• Communication: Adding an internal security department can make communication and collaboration easier.
• Creating & Protecting Intellectual Property:? Any time intellectual property is on the line, trust is essential. If you plan to write your own programs or create anything specifically for your firm, you might consider the advantages of hiring an in-house IT Security expert.?

Cons

• Qualified Candidates Are Extremely Limited: The current employment market is tough for all industries. Yet the global cybersecurity labor shortage?is at a critical point for businesses worldwide.
• Costly: Depending on your size and budget, you may not be able to afford the price of hiring an in-house IT security specialist. In addition to the significant salary package, the employer must sponsor ongoing training updates. Technology continually evolves, and cybercriminals never rest, so you need to make sure your IT security specialist always has the most current credentials. You will need to monitor any new training that the permanent employee needs, and you will also need to pay for necessary classes, seminars, workshops, training sessions, certifications and anything else to make sure they are always at the top of their game.

Outsourcing your Cybersecurity Needs

Pros

• More Service for Less Money- By paying a single monthly fee to an outsourced security company, businesses can leverage already-optimized technology, strategic planning, and comprehensive security services.
• Faster Response Times-?Depending upon the stipulations of their Managed IT Services agreement, an organization can get 24/7 monitoring, alerting, and remediation.
• A Diverse Team of Experts- By hiring a third-party security group, companies receive a valuable outside perspective.

Cons

Outside of concerns regarding intellectual property, different approaches to IT security needs and the lack of day-to-day and face-to-face communication opportunities, the list of disadvantages is really short. The disadvantages that exist are easily managed through various agreements and binding contracts.

The Best Solution for Your Company

Whether you decide on hiring an in-house specialist, or if you want to outsource your IT security needs, our team at ARENGY can support you. We can review the advantages and disadvantages with you to make sure you make the best choice for your organization. Contact us at [email protected]?today so we can get started.