The number of cybersecurity breaches keeps increasing by the year, and the reason for this is two-fold. Firstly, the attackers are getting smarter by incorporating more cutting-edge methods to do their bidding. Secondly, the cybersecurity talent market is still facing acute shortages when it comes to truly skilled professionals capable of thwarting all the myriad tactics hackers have at their disposal.<\/p>\n
71% of organizations<\/a> report that the cybersecurity skills shortage has impacted them. 56% of organizations<\/a> struggle to recruit, and 54% struggle to retain cybersecurity talent. In fact, 48% of companies<\/a> say it takes more than half a year to find qualified cyber security candidates for open positions.<\/p>\n Meanwhile, the average cost of a data breach keeps going up by the year, hitting $4.45 million in 2023<\/a>. For SMEs dealing in tight margins, a single breach could spell doom for the organization.<\/p>\n For organizations facing such precarious circumstances, the need of the hour is a solution that not only fortifies their security, but also doesn\u2019t require the heavy investment (both in time and money) to build an effective in-house team. Therefore, managed security services are increasingly becoming the flavour of the season, where organizations outsource their security requirements to trusted experts specializing in the field. One of the more popular managed security services going around is Security Operations Center as a Service (SOCaaS).\u00a0<\/strong><\/p>\n To answer this, let\u2019s first understand what a SOC is. A Security Operations Center is essentially the cyber intelligence hub of the company, using automation to gather data in real time across all the organization\u2019s networks, servers, endpoints and other digital assets. Once all this data is gathered, incidents are prioritized according to severity and responded to in a swift, effective manner.<\/p>\n SOC-as-a-service<\/a> is all that, except a third-party cloud-based security operations center manages it on a subscription model. SOCaaS provides all the security functions you would expect from a traditional, in-house SOC, including but not limited to network monitoring, log management, threat detection & intelligence, incident investigation & response and compliance adherence. The vendor you choose assumes responsibility for the people, processes and tech required to provide 24×7 outsourced security monitoring.<\/p>\n \u00a0<\/strong><\/p>\n Fully managed SOC services can be delivered as a standalone service but is often one core component in a broader security package. Therefore, to know what exactly it provides, it is important to differentiate SOC-as-a-service from other popular security tools:<\/p>\n Here are the advantages of SOCaaS vs. Traditional SOC:<\/p>\n The best SOC-as-a-services solutions have a clear hierarchy and extremely well-defined roles:<\/p>\n Of course, even though we have customizable SOCaaS offerings as part of our offerings, we\u2019re the first ones to admit that SOCaaS might not be suitable for all organizations. Here\u2019s when to go for it (and when not to):<\/p>\n Despite the many benefits of SOC-as-a-service to relevant parties, there are still some challenges when it comes to integrating it, such as:<\/p>\n However, iValue, being one of the top SOC-as-a-service providers in the region, can transcend all these challenges through our dedicated team and best-in-class security solutions. If you\u2019re looking for someone to truly fortify your SOC operations, reach out<\/u><\/a> to us right away!<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" The number of cybersecurity breaches keeps increasing by the year, and the reason for this is two-fold. Firstly, the attackers are getting smarter by incorporating more cutting-edge methods to do their bidding. Secondly, the cybersecurity talent market is still facing acute shortages when it comes to truly skilled professionals capable of thwarting all the myriad …<\/p>\nWhat is SOC-as-a-Service?<\/strong><\/h2>\n
How SOCaaS fits in Security Stack?<\/strong><\/h2>\n
\n\n
\n Comparison<\/strong><\/td>\n Point of Comparison<\/strong><\/td>\n<\/tr>\n \n SOCaaS vs. Managed SIEM<\/td>\n SIEM doesn\u2019t monitor in real time like SOCaaS does. It analyzes log data recorded by other software to determine if an event occurred or not.<\/td>\n<\/tr>\n \n SOCaaS vs. MDR Services (Managed Detection & Response)<\/td>\n There are several overlaps in that they are both services leveraging tech & human expertise for threat detection and response, but SOCaaS solutions usually provide a greater range of services & offer stronger, more comprehensive protection as compared to an MDR tool.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Benefits of SOC-as-a-service<\/strong><\/h2>\n
\n
SOCaaS Roles and Responsibilities<\/strong><\/h2>\n
\n\n
\n Role<\/strong><\/td>\n Responsibility<\/strong><\/td>\n<\/tr>\n \n SOC Manager<\/td>\n The leader of the SOC, overseeing all aspects of it.<\/td>\n<\/tr>\n \n Security Analyst – Tier 1 (Triage)<\/td>\n Categorizes and prioritizes alerts, then escalates them to Tier 2 analysts.<\/td>\n<\/tr>\n \n Security Analyst – Tier 2 (Incident Responder)<\/td>\n Investigates & remediates escalated incidents by identifying affected systems and leveraging threat intelligence.<\/td>\n<\/tr>\n \n Security Analyst – Tier 3 (Threat Hunter)<\/td>\n Proactively tests & assesses network security to identify vulnerable areas and detect advanced threats.<\/td>\n<\/tr>\n \n Security Architect<\/td>\n Designs security system & its processes, integrating various tech & human components.<\/td>\n<\/tr>\n \n Compliance Auditor<\/td>\n Oversees the program’s adherence to all the internal & external rules & regulations.<\/td>\n<\/tr>\n \n Forensic Investigator<\/td>\n Tasked with finding the root cause in the case of a data breach.<\/td>\n<\/tr>\n \n SOC Coordinator<\/td>\n Official liaison between the vendor and you.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n When to use SOC-as-a-service<\/strong><\/h2>\n
\n\n
\n When SOCaaS may be best for you<\/strong><\/td>\n When it may not be best<\/strong><\/td>\n<\/tr>\n \n \n \n
\n \n
\n