A Security Operation Center (SOC) is a centralized function within an organization that uses people, procedures, and technology to continually monitor and enhance the security posture of an organization while preventing, detecting, analyzing, and responding to cybersecurity incidents.
How SoC can benefit your business security
Security Operation centers are open 24 hours a day, seven days a week, all year. This continuous monitoring is essential for spotting the earliest signals of unusual activity. Attacks don’t just happen from 9 a.m. to 5 p.m.SOC team members, whether in-house, hired, or virtual, monitor for potential vulnerabilities to detect attacks.
Quick and effective response:
By continuously monitoring for threats, reduce the time passed between the initial compromise and the meantime to detection. If suspicious activity is noticed, SOC analysts examine and confirm that it is truly an attack before attempting to contain it. The SOC team then launches an incident response to assess the severity of the threats, eliminate them, and mitigate any negative consequences.
Decreased costs of breaches and operations:
By reducing the amount of time a cyber attacker spends in an organization’s network, the SOC team can lessen the impact of a breach and, as a result, the possible consequences of a breach, such as data loss, lawsuits, or damage to the company’s brand. The more time an attacker spends in a system, the more damage he or she can cause to the firm.
In addition, to avoid monetary losses, SOC teams work tirelessly to minimize downtime and business impact during an attack.
A centralized SOC team can reduce Capex and Opex in terms of operations. Multiple groups or departments working on the same cybersecurity events are also prevented by security specialists working as part of a streamlined team.
The SOC can be a cost-cutting tool in and of itself. Outsourcing tasks to managed security service providers, cloud service providers, or virtual SOCs might obviate the requirement for a dedicated SOC facility and employees by offloading part or all security responsibilities.
Defending against threats:
SOCs are used for more than just event detection. SOC teams’ threat hunting and analysis help to prevent assaults from happening in the first place. SOCs give organizations more visibility and control over their security systems, allowing them to stay ahead of prospective attackers and issues.
A SOC manager, incident responder, and security analyst(s), as well as other specialized professions such as security engineers, threat hunters, forensic investigators, and compliance auditors, are commonly found in a security operations center. Each of these individuals possesses a unique set of abilities that, when paired with those of other SOC members, aid in the detection, remediation, analysis, and learning of risks.
Members of the team are also well-versed in tried-and-true threat detection and prevention technologies including SIEM, behavioral threat analytics, AI and machine learning, and cloud access security brokers, as well as the most sophisticated threat detection methodologies.
Communication and collaboration:
A SOC team is skilled in communication and collaboration, not only within the team but also with the rest of the organization. Through SoC security awareness training programs, SOC members educate employees, third-party contractors, clients, and others about potential dangers. Members of the security operations center also share security insights with C-level executives and management, business leaders, and department heads in order to assist company leaders in calculating potential risks and determining whether they should be accepted or if a new policy or control should be implemented to mitigate them.
SOC monitoring skills are critical for organizational compliance, especially when it comes to rules like GDPR and CCPA, which need specific security monitoring activities and methods.
Improved business reputation:
Employees, clients, consumers, and third-party stakeholders can see that the organization takes data security and privacy seriously by having an SoC. This makes it easier for the company, its employees, and its customers to share data. And the more seriously a firm takes data security and privacy, the more faith its constituents will have in it. An increased business reputation as a result of a well-run SOC may result in more recommendations from current and potential clients.
How Know AllEdge can help?
Given the numerous attack channels used by hackers to infiltrate a firm network, it’s possible that some of them go unreported. Companies are better positioned to get a thorough perspective of the whole firm with Know-All-Edge SOC. Our SOC can communicate and identify areas of concern, as well as closely monitor them, while providing a deeper understanding of risks and how they are being used against the firm, allowing it to better position itself against them.