SOC (Security Operations Center) Service Providers

SOC (Security Operations Center) service providers offer a range of services that can be used to help secure an organisation against cyber threats. These can include a managed SIEM solution, 24/7 monitoring and forensics.

Managed SOC providers are a good option for organisations that do not have the necessary resources to set up and run a security system in-house. They offer expert expertise and support for a fraction of the cost of setting up a full-time in-house team.

They can also help companies comply with industry regulations and protect sensitive data from theft or loss.

Onboarding: When a business signs up for a managed SOC service, they must give access to their networks and systems to the provider. This can be time-consuming, and it may expose an organisation to risk.

Sharing of critical data: As a managed SOC provider taps into an organisation’s network to monitor for threats, the organization must also give it access to important data, such as log files, which can contain a wealth of information about threats and breaches. However, releasing this data to an outside party can be difficult, and it is often difficult to regain access to it once it has been sent to the SOC provider.

Storing of sensitive data: A managed SOC provider needs to store the alerts and logs it generates from an organisation’s networks, which can be expensive to do in-house. Furthermore, storing the data on an external system can be risky as it can be easily intercepted by a third-party.

Dwell time: SOCs are designed to reduce dwell time, which is the length of time an attacker remains within an organisation’s network before they are noticed. This helps reduce the financial impact of an attack and improves a company’s response times.

Access to specialized experts: Many incidents require specialized security specialists, such as incident responders, cloud security experts, digital forensics specialists, or malware analysts. These skills are not always available in-house, and they can be hard to recruit.

Lower Total Cost of Ownership: A managed SOC can reduce the capital investment and operating costs associated with cybersecurity, including software licensing, equipment, and payroll. It can also share these expenses with other customers.

Increased Security Maturity: Working with a SOC-as-a-service provider can expedite the process of building up an organisation’s security solutions and institutional knowledge. This can be particularly beneficial for organisations that are in the early stages of implementing a strong cybersecurity strategy.

SOC-as-a-service providers have expertise in a wide variety of security disciplines, allowing them to offer more comprehensive solutions than can be delivered by an organisation’s in-house team. This can help an organisation overcome challenges that could otherwise be insurmountable.

They can also offer a more complete range of security services than an in-house SOC, such as network security and mobile device management. They can also provide training for staff at an organisation, ensuring that employees are able to quickly respond to threats and keep a company’s assets protected.