A security operations center (SOC) will help keep your networks, systems and data safe from a cyber threats or attacks. However, implementing one is extremely costly and requires a level of professional expertise that most in-house IT departments do not have readily available. That is why outsourcing your SOC makes the most sense.
Many third-party vendors offer SOCaaS. When properly vetted, your organization will see many benefits from choosing a third-party provider for your security operations center. The benefits of SOCaaS include:
By outsourcing your security operations center, you don’t have to invest in the expensive hardware and software you will need to effectively combat against cyber-attacks. A third-party cybersecurity firm or SOC provider already has the digital tools. You pay to use and access those tools without paying the upfront costs. The third-party provider handles all of the functions and monitoring of the security information and event management (SIEM) tools. By contracting with a third-party provider, your company gets the benefit of an established monthly fees and outlined benefits and statistics. It will also be easier to justify the cost in the budget to upper management or your financial team.
In addition to the tools themselves, by outsourcing your SOC to a third-party provider, you also have access to the experts who know how to use and monitor the tools. Third-party SOCs are also staffed 24/7/365 by analysts who will also stay up-to-date on all of the latest technologies, upgrading when necessary. If you were to hire your own cybersecurity experts to staff a SOC, you would have to pay top dollar because their skill set is in high demand.
By utilizing SOCaaS, your company will be able to increase or decrease services as necessary. The maximum capabilities exist in the third-party, but you will only have to pay for what you use. There is a peace of mind knowing that experts are working to protect your data and networks to the level that you need when you need it.
A third-party SOCaaS provider will stay up to date on the wide array of cybersecurity regulations, mandatory protections and compliancy requirements, including GDPR, HIPAA, SOX and PCI DSS, to ensure your company’s compliance if needed. This level of expertise will help protect businesses from any potential legal trouble. As regulations change, SOCaaS providers will be able to augment services to ensure compliance so companies can stay focused on operating their systems rather than monitoring new regulatory demands. By ensuring this compliance requirement is in a SOCaaS contract, you will protect your company from legal repercussions stemming from compliancy issues.
Staying up-to-date with antivirus software and implementing firewalls is just not enough in today’s cyber world. As fast as new systems are implemented, hackers are learning how to break them down. It is in a business’s best interest to employ a SOC. The benefits of SOCaaS are clear, especially for smaller or midsized companies, but even larger companies don’t always have access to the cybersecurity analyst experts they need to implement a thorough, vetted and effective cyber incident response plan. To keep your company safe of threats and to stay ahead of your cyber defenses, you have to take a proactive rather than a reactive approach to information security programs. By outsourcing your SOC, you can save money and always have access to the most up-to-date technology and the experts that know how to use, monitor and respond to the tools and the cyber-threats. SOCaaS also frees up your internal IT staff to handle day-to-day tasks and issues. Contact SubRosa today to learn more about its SOCaaS program and how it can benefit your company.