What are Benefits and Importance of Managed SOC?

From reputed business organizations to the evil group of hackers, everyone has moved online. As a result, cybersecurity is the need of the hour, and cybercrimes are increasing day by day. But, many businesses are also turning towards managed SOC services to keep their online security updated.

However, the demand for cybersecurity services is already outscoring the current supply. As a result, every traditional security operations center is failing to fill this gap. However, the modern generation has updated our traditional SOCs too.

These next-generation Security Operation Centers are now known as Managed Security Operations Center, and many organizations are already turning towards them. However, what is it precisely, and what do you need for them? Let's find out:

What is a Managed SOC?

It can be defined as a service where a team of experts or analysts will offer 24/7 security monitoring for the whole year. Moreover, Managed SOC also provides better transparency than traditional Security Operation Centers due to the following reasons:

Full access to a single view portal to monitor all kinds of activities.

KPI Tracking.

Turnkey SOC Platform.

Many organizations still feel a bit hesitant while outsourcing their company's security. However, there's nothing to worry about and no need to pay attention to false concerns. Also, even if you're outsourcing your business's security, you'll remain in charge and entirely responsible. Likewise, you might believe in some false misconceptions, such as your private data might get stolen. However, any SOC usually checks log files only, and they'll only see the type of content file. In short, they'll only check whether files are in.doc format or.pdf format but wouldn't read the content.

Remember that you won't have to worry about which tools to choose or recruit any additional staff in managed SOC services. But what other benefits are there for you? Let's check them out too:

What are the benefits of a Managed SOC?

When it comes to a Managed Security Operations Center, it indeed offers more benefits than traditional SOCs. For instance, after having a Security Operation Center for your organization, you can focus more on other essential aspects. Here are a few more perks of pairing up with a managed SOC:

Less Cost and More Efficiency: Having it for your business allows you to cut the costs you'd spend on security tools. Moreover, as we mentioned above, you won't have to hire any individual or team for security purposes. As a result, you can save loads of amount by choosing a Security Operation Center and get more efficient security results.

Instant response to any threat: It's a fact that no corporate security team can respond to a threat more quickly than an MSSP. Moreover, any severe or ordinary cyberthreat usually requires instant responses or else can result in severe damage. But, an MSSP will constantly quickly assess the challenge and solve every possible cyber crisis.

Well-managed Risk & Compliance: Today's industries are highly regulated, and it's crucial to monitor compliance levels. However, you won't have to worry because a highly experienced MSSP can help you here too. Moreover, they can ensure that all of your assets are protected enough, and compliance programs are well-managed.

How to Choose the Right Managed Security Operations Center?

Now that we're aware of a managed SOC's definition and its benefits, it's time to choose one for your business. But, how to do that too? So, first, let's have a look at some factors which you should look for in a managed SOC:

Firstly, make sure that your security operations center is available 24/7 for communication. Moreover, any decent SOC provider should have a dedicated team of experts or analysts.

Secondly, the right managed SOC will always assign a dedicated cybersecurity expert for your IT team. Thus, if your SOC provider isn't doing the same, you surely need to think about it.

Thirdly, you should also check the location of your SOC provider. If your provider is operating from multiple sites, then it gives you an advantage. Why? Because working from different backgrounds allows them to provide better backup services.

Lastly, remember that this partnership between you and your provider should remain extended. Thus, make sure to take some necessary steps to build a trusted relationship.

Once you've taken care of these factors, we're sure that you'd land with the perfect managed SOC for your business.

What should you expect from a Managed SOC?

Now that you've decided to tie up with a managed SOC, it's essential to know what you should expect from them. Every managed SOC will have an influential figure that will first select or recruit people in their team. Moreover, he/she will also remain responsible for implementing the proper defending techniques.

Now, moving on to our analysts, they should be the first ones to respond to any cyber threat. However, you can expect some low-tier analysts who might handle the same tasks but will report immediately to their supervisors.

Lastly, every managed SOC will also have a few team leaders responsible for training sessions and personal development. Also, we believe that this role is a bit more crucial than the others for two reasons:

Firstly, any team leader will be directly responsible for the practice or training sessions of top/low tier analysts.

Secondly, they also have to look out for every team member's strengths and weaknesses as well.

Bottom Line on Managed SOCsAll in all, we can say that this instant shift towards the internet has made cybersecurity pretty crucial. Moreover, as the traditional SOCs were already struggling, this modern change was much needed in SOCs. Now, a managed SOC can monitor your business' security 24/7 with their cybersecurity experts.

You won't have to agonize about choosing a cybersecurity tool or hiring more staff for online security. Thus, you'd be able to focus better on other aspects of your business and might end up saving a good amount of money. Also, remember that having an MSSP can also help with regulations and compliance levels.

Lastly, we'd encourage you to go for the rightly managed SOC services as they can benefit your business greatly and keep it safe from countless cyber threats.

BHHAAVIK Patel is working as a Regional Head with Sattrix Information Security – Cyber Security Company since 2014 and experience of 20+ years in hardware and networking. His has broad knowledge in cybersecurity niche.