Benefits of managed SOC

Security Operations Centre (SOC) is important to any organisation’s IT infrastructure. It serves as the first line of defence against attacks and threats. A managed SOC can help protect your organisation from cyber-attacks by providing you with a team of experts who monitor your systems 24/7, respond to incidents and investigate threats as soon as possible. Here are some benefits of using a managed SOC:

Security

A managed SOC provides security expertise that you may not have access to. The managed SOC can help you identify and fix vulnerabilities, train your employees on security best practices, and provide compliance assistance; in addition, the managed SOC will be able to monitor for threats to your environment.

Compliance

Compliance is a legal requirement. It’s not optional, and it’s not something you can ignore and hope will go away.

However, compliance is also a good thing that demonstrates that you are running an ethical business. It helps to ensure that your organisation does not fall foul of any regulations or industry best practices. It also helps demonstrate accountability for what happens within the organisation – there should never be any surprises when it comes to audit time!

Compliance is about more than following rules – it requires proactive measures to ensure the health of your IT environment and being aware of any changes in legislation that may affect your business (and, therefore, how you operate).

Cost savings

It’s no secret that the costs of security operations are high. According to a survey by IBM, the average cost per employee for SOCs is $2,500 per month, with total annual costs ranging from $850K to $1.4M for an organisation with 1,000 employees. This means that a large enterprise would shell out over $2 million every year on its SOC alone.

With managed SOC services, however, these costs can be significantly reduced. Take your average medium-sized company with 100 employees and a budget of around $200K annually; according to Gartner estimates, by 2020, they’ll save up to 30% by outsourcing their SOC operations management services (OMS).

Reduced risks

While the benefits of managed SOC are many, it’s important to remember that there are also risks associated with this approach. The most significant risk is that your security team cannot keep up with the volume of alerts generated by the tools they use. If you choose a tool without adequate features and fail to monitor it properly, you may end up missing critical events altogether.

Another type of risk involves privacy concerns; if your company uses machine learning algorithms or other automated processes for making decisions, then those processes could potentially discriminate against certain groups based on their characteristics (for example, race or gender). Finally, there is always a chance that your organisation will lose control over sensitive data due to poor network hygiene practices and a lack of user education about cybersecurity best practices.

Reporting and visibility

There are two main benefits of managed SOC. The first is reporting and visibility. Managed SOCs provide the security team with detailed reports about incidents that occur, giving them a better understanding of what is happening and how to respond. These reports can be used to help achieve compliance requirements.

Second, many managed SOCs offer dashboards that give you a glance at a 360-degree view of your company’s security posture. This means you can see if there are any vulnerabilities or incidents affecting your network right away—before they become major problems.