8 Benefits of Outsourcing a Security Operations Center (SOC)

Written by Kevin MabryBusiness

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A Security Operation Center is responsible for an organization’s security monitoring and response. The SOC (Security Operation Center), also called MDR (Managed Detection and Response) team is typically composed of security analysts and engineers who work to identify and investigate security incidents, as well as provide guidance on how to mitigate future risks. MSSPs (Managed Security Service Providers) are also one that organizations outsource their security operations to along with helping an organization manage some of their business processes. These services are more than just a SIEM solution or general EDR (Endpoint Detection & Response) threat detection with basic alerts. This is a proactive way of managing your overall cyber security operations.

 

The benefits of an external Security Operation Center are many but can be summarized into three key areas: cost savings, access to expert resources, and improved security posture.

 

Cost savings is perhaps the most obvious benefit of outsourcing a security operations center. By outsourcing the function to a third-party provider, organizations can avoid the costly overhead associated with building and maintaining their own in-house team.

 

Another key benefit of outsourcing a security operations center vs internal security operations center is access to expert resources.

“Security operations center is missing in over 85% of all US based SMB’s”

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How Can an External Managed Security Team help Organizations Minimize Cyber Security Risks?

An organization’s security is only as strong as its weakest link, and with the ever-evolving landscape of cyber threats, it can be difficult to keep up with the latest trends. This is where an external managed security team can help. By outsourcing your organization’s security operations center (SOC), you can take advantage of the team’s expertise and resources to help minimize risk.

The SOC team will work with you to understand your organization’s specific needs and objectives, and then tailor a security solution that meets those needs. The team will also provide ongoing monitoring and reporting to help you stay up to date on the latest threats and vulnerabilities. By outsourcing your security operations center, you can focus on your core business goals while still maintaining a high level of security.

Who Needs a Security Operations Center and Why is it Needed?

Organizations that want to protect their data and systems from sophisticated cyberattacks need a security operations center, or SOC. A security operations center is a team of security experts who work together to monitor an organization’s networks and systems for security threats.

 

SOCs use a variety of tools and techniques to detect and respond to cyberattacks. They also work with other teams within an organization, such as the incident response team, to investigate attacks and help prevent future ones.

 

SOCs are important because they allow organizations to proactively defend against cyberattacks. By monitoring networks and systems for threats, SOCs can quickly identify and respond to attacks before they cause significant damage.  

In-House SOC vs. External Security Operations Center, which is Better?

A Security Operations Center, or SOC, is a critical part of any organization’s security posture. But what’s the best way to run a security operations center – in-house or outsourced?

 

There are pros and cons to both approaches. Internal SOCs can be more closely aligned with an organization’s overall security strategy. They also have the advantage of being able to draw on the expertise of in-house staff who are familiar with the organization’s systems and procedures.

 

Outsourcing a SOC can provide access to a wider range of security expertise and resources. It can also be more cost-effective, since you don’t have to invest in building and maintaining your own SOC infrastructure.

 

So which is the right approach for your organization? It depends on your specific needs and circumstances.

 

Outsourcing SOCs Reduces the Impact of a Breach

Outsourcing a SOC solution can help reduce the impact of a breach. A SOC can provide early detection and response to a breach, as well as help with incident management and forensics. By outsourcing a SOC solution, organizations can focus on their core business functions and leave the security monitoring to the experts.

 

Organizations that utilize the expertise from an MSSP see several benefits. These benefits include:

 

-Improved security posture: Outsourcing a SOC solution can help improve an organization’s overall security posture. This is because a SOC can provide 24/7 monitoring and threat intelligence that can help identify and respond to threats quickly.

 

-Reduced impact of a breach: If a breach does occur, having a SOC in place can help reduce the impact.  

 

It Can Improve Incident Response Times and Management Practices

Organizations are looking for better ways to manage increasing security risks and compliance requirements. One way to do this is to outsource security operations center (SOC) solutions. A SOC can provide many benefits, including improved response times and management practices.

 

An effective SOC can help an organization improve its response times. This is because a SOC can provide around-the-clock monitoring of an organization’s systems and networks. This means that potential threats can be identified and dealt with quickly, before they have a chance to cause serious damage.

 

A SOC can also help an organization improve its management practices. This is because a SOC can provide comprehensive reports on an organization’s security posture. These reports can help identify areas where improvements need to be made. In addition, a SOC can provide advice on best practices for security management.  

 

How will a SOC minimize the impact of a cybersecurity breach?

A SOC can help to quickly identify and contain a breach, limiting the damage that can be done. They can also help to identify the root cause of the breach and put in place measures to prevent it from happening again. In some cases, a SOC can even help to negotiate with attackers to get them to delete any stolen data.

  

What if your security analyst is sick, or takes a vacation?

If your security analyst is sick or takes a vacation, you may be at risk for a security breach. Without someone monitoring your network 24/7, you could be vulnerable to attack.

 

Outsourcing your SOC solution can provide peace of mind in knowing that your network is being monitored by experts even when your in-house staff is unavailable. A good SOC solution will provide around-the-clock monitoring and incident response so you can rest assured that your business is protected.

 

In the event of a security breach, having a SOC solution in place can help minimize the damage and get you back up and running quickly. A SOC team can investigate the incident and determine the root cause so you can take steps to prevent it from happening again.  

So, what are the four reasons to invest in an outsourced SOC?

Organizations are under pressure like never before to do more with less. They are expected to secure their networks against a growing number of sophisticated cyber threats, but often lack the resources to do so. This is where a SOC can help.

 

An outsourced SOC can provide your organization with the following benefits:

 

1. Increased security: An experienced and qualified team of security experts can provide your organization with around-the-clock monitoring and protection, helping to identify and resolve threats before they cause damage.

 

2. Cost savings: Outsourcing your SOC can be more cost-effective than maintaining an in-house team, as you don’t have to invest in expensive equipment or training.

 

3. Improved efficiency and speed. A SOC can help your organization respond to threats more quickly, allowing you to reduce the impact of a cyber-attack on your business.

 

4. Expertise and innovation. An experienced SOC can provide your organization with the expertise of a dedicated team, while giving you access to the latest security solutions.

 Conclusion

In conclusion, there are many benefits to outsourcing a SOC solution including reducing the overall cost of running a security operation, accessing world-class security expertise, and freeing up internal resources to focus on other priorities. When done correctly, outsourcing a SOC solution can be a strategic move that helps organizations improve their overall security posture.

Here from our CEO to see how Sentree Systems can help with outsourcing a security operations center (SOC)

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CEO, Author of the #1 Risk to Small Businesses

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