While some businesses rely on IT teams to maintain cybersecurity, this can overtax staff and allow threats to slip through the cracks.
When cybersecurity isn’t managed by security professionals, potential knowledge gaps can impact an organization's risk posture. Rather, enlisting a dedicated Security Operations Center-as-a-service (SOCaaS) provider for continuous monitoring, risk mitigation, and incident response helps safeguard assets with unprecedented visibility and expertise, while reducing expenses.
Here’s a brief explainer about the importance of SOCaaS and the many benefits of enlisting a Managed Security Service Provider (MSSP) that provides this as part of their service offerings to help protect your business.
Security Operations Center-as-a-service (SOCaaS) is a subscription-based cloud service providing continuous cybersecurity monitoring, risk mitigation, and incident response.
SOCaaS specialists monitor networks, cloud environments, laptops, desktops, servers, applications, and more to detect, contain, and eliminate threats. Providers also analyze and triage data collected and logged on critical systems via security information and event management (SIEM) such as firewalls, for example.
It minimizes attack potential; safeguards valuable assets from real-time intrusions, malware, ransomware, denial of service (DoS), and other attacks; and enables robust incident response.
Why Is SOC-as-a-Service Important?
Enlisting dedicated SOCaaS provides organizations several distinct advantages which help bolster a more robust cybersecurity posture, including the following:
SOCaaS providers monitor your critical assets 24/7/365 to immediately detect, contain, and eradicate threats before they have the opportunity to do damage.
Utilizing industry expertise and state-of-the-art technology, they establish a baseline within an online environment and detect any deviations from it—proactively eradicating risks in real time.
By maintaining around-the-clock visibility into networks, endpoints, and cloud devices, SOCaaS enables organizations to proactively curb gaps in systems.
As most companies take 277 days (about nine months) to detect and contain a breach, according to IBM’s 2022 “Cost of a Data Breach” report, SOCaaS reduces downtime for a more expeditious and effective incident response.
SOCaaS advisors and analyst teams employ top-tier threat intelligence to continuously craft methods for detecting new threat tactics as they are discovered.
Experienced providers employ breach and attack simulations, risk assessments, and penetration testing to identify and correct vulnerabilities before they’re exploited.
Ultimately, in minimizing threat potential, organizations also mitigate risks of cyberattacks—and their hefty financial burden, averaging $9.44 million in the United States, according to IBM’s 2022 “Cost of a Data Breach” report.
On a more granular level, however, partnering with a skilled SOCaaS provider also saves organizations considerable onboarding, salary, and other expenses, compared to the costs of hiring additional IT staff or developing an internal security team of their own.
How an MSSP With SOC-as-a-Service Benefits You
Rather than training existing staff or hiring new teams for cybersecurity, trusting a dedicated SOCaaS provider for 24/7/365 cybersecurity monitoring helps strengthen your defenses with unparalleled expertise.
About half (49%) the organizations surveyed in market research firm Enterprise Strategy Group’s 2022 “SOC Modernization and the Role of XDR” report said a managed security provider could augment their team, and 52% said they believed providers could offer better services than their staff. Fifty-five percent wanted to enlist managed security services so their personnel could focus on strategic initiatives, while 42% said they didn't have the skill for security operations, the report continues.
At Cybersafe Solutions, our expert SOCaaS providers combine cutting-edge technology, top-tier threat intelligence, and more than 20 years of cybersecurity experience to protect your valuable assets, around the clock.
Named AT&T 2023 Global Partner of the Year, we offer a complete spectrum of SOCaaS services and more, including:
- Managed Detection & Response (SOL XDR)
- Endpoint Detection & Response (SOL EDR)
- Network Security Monitoring (SOL SIEM)
- Security Awareness Training
- Dark Web Monitoring
- Breach & Attack Simulation
- Penetration Testing
- Risk Assessment & Mitigation
- NIST CSF Maturity Assessment
- NIST SP 800-171 Compliance Assessment
By partnering with an MSSP offering SOCaaS to manage your organization's cybersecurity, you can refine your cybersecurity posture, detect and mitigate risks, and get back to focusing on running your business.
Cybersafe Solutions is an industry-leading MSSP with SOCaaS, committed to leveraging the latest in cybersecurity to bolster your critical assets. To learn more, schedule a consultation or contact our team.