Everything you need to know before
outsourcing your security operations
The landscape of IT threats has changed dramatically in recent years with the introduction and spread of ransomware and devastating cyberattacks from nation-states like Russia. To combat these new risks requires an effective security solution paired up with high-level skills, which can be challenging to find for those without experience or training on how to use them effectively – this is where a SOC comes into play!
A strategic choice must also be made about whether you want your company to build an internal SOC vs. an outsourced SOC; there's no correct answer here, but some companies may require more help than others, so determine what would best suit YOU first before making any decisions.
A brief history of Outsourced SOC
What is an Outsourced SOC?
The term outsourced SOC, or security operations center, first came into use in the early 2000s. At that time, many businesses outsourced various IT functions to third-party providers. However, as the threat landscape evolved, it became clear that cybersecurity was too critical to entrust to an external provider. As a result, businesses began to move away from outsourced SOCs and instead established in-house teams of security experts.
Today, outsourced SOCs are becoming popular among businesses of all sizes. This is simple: managing a comprehensive security program is a complex and time-consuming task. By outsourcing this function to a third-party provider, businesses can focus on their core competencies while maintaining a high-security level.
Internal SOC vs. Outsourced SOC
Organizations seeking to implement or improve their cybersecurity posture have to make several strategic decisions. One of the most critical decisions is building an internal security operations center (SOC) or outsourcing this function to a specialist provider. Each option has its advantages and disadvantages, so it is essential to consider the organization's specific needs before deciding carefully.
Building an Internal SOC
Building an internal SOC requires a significant investment of time and money, giving organizations more control over their cybersecurity posture. Internal SOCs can be tailored specifically to the organization's needs, and they offer greater transparency and accountability. However, they require organizations to have the necessary tools, expertise, and resources in-house to update security skill sets, which may not always be possible.
Hiring an Outsourced SOC
Outsourcing the SOC can be a cost-effective way to benefit from the expertise of experienced cybersecurity professionals. It can also free up internal resources to focus on other business areas. However, outsourced SOCs can be less flexible than internal ones, and there may be concerns about data privacy and security.
Selecting an Outsourced SOC Provider
When selecting an outsourced SOC provider, it is essential to consider several factors, including:
- The size and complexity of your organization: Make sure that the provider you select has experience working with organizations of a similar size and complexity.
- Your specific needs: Make sure that the provider you select offers services relevant to your organization. For example, if you are primarily concerned with data security, look for a provider specializing in this area.
- The provider's reputation: Make sure that the provider you select has a good reputation and is known for providing high-quality services.
- The provider's policies and procedures: Make sure that the provider you select has robust policies and procedures to protect your data.
- The provider's customer service: Make sure that the provider you select has a customer service team that is responsive and helpful.
What does outsourced SOC-as-a-service mean?
Outsourcing the SOC function means that an organization contracts with a specialist provider to manage its security operations. The term "SOC-as-a-service" is used to describe this type of arrangement. SOC-as-a-service providers offer various services, from threat detection and response to incident management. Typically, they will have a team of security analysts who work around the clock to monitor your network for threats. In addition, outsourced SOCs provide around-the-clock coverage, which is essential for protecting against today's sophisticated cyber threats.
What are the Pros and Cons of outsourced SOC?
Pros of Outsourced SOC
There are many benefits to outsourced security operations centers or SOCs. Perhaps the most significant advantage is the cost savings that come with outsourcing this critical area of cybersecurity. Outsourcing SOC allows companies to benefit from economies of scale, but it also reduces their overhead costs and frees up resources to focus on other priorities. Additionally, outsourced SOC provides access to specialized expertise and cutting-edge tools, and different security integrations that may not be available in-house. This means that organizations can stay ahead of emerging threats while also benefiting from continuous monitoring and immediate incident response when needed. Overall, outsourced SOC offers a wealth of benefits for businesses across all industries and sectors.
Cons of Outsourced SOC
One of the key benefits of outsourced SOC is that it can help to improve efficiency and effectiveness. However, some potential drawbacks should be considered. One concern is that outsourced SOC providers may not have the same knowledge or expertise as an in-house team. This could lead to security issues or cause problems if customization is needed. Additionally, outsourced SOC providers may not be familiar with the organization's specific processes and procedures. This could lead to delays or errors in responses. Finally, outsourced SOC providers may be located in different time zones, making it difficult to coordinate activities promptly or respond to emergencies. Overall, outsourced SOC can provide many other benefits, but it is essential to weigh the potential risks and drawbacks before deciding.
Why choose outsourced SOC-as-a-Service Over Build Your Own?
An outsourced security operation center (SOC) is a function for which an organization partners with a 3rd party to monitor and defend against threats within their environment. Unlike traditional managed security, SOC-as-a-Service provides an alternative to in-house teams by providing 24/7 monitoring and management of everyday cybersecurity events such as malware.
- Faster detection and remediation of security incidents:
- Reduced Costs:
- Better-trained and more experienced staff:
- Economies of scale in both technology and personnel:
- Reduce the burden on your internal staff:
- Handling complex networks:
- Strategic Consulting:
- Improved Compliance:
A team of experienced security analysts working in shifts can provide around-the-clock protection for your organization, allowing for more rapid detection and remediation of security incidents.
By outsourcing your SOC, you can avoid the high costs associated with building and maintaining an in-house team, including the cost of training and cert.
Outsourcing to a vendor that provides SOC-as-a-Service allows you to benefit from their specialized security team experienced in detecting and defending against everyday cybersecurity events. This can help improve your organization's overall security posture, allowing you to focus resources on other areas of organizational growth.
Large SOC-as-a Service providers have access to specialized technology, such as malware and vulnerability detection alerts, to detect threats more quickly and accurately. They also have more excellent resources for training their analysts on the latest security tools and techniques, ensuring that your organization benefits from the most up-to-date protection possible.
By outsourcing your SOC, you can free up your internal staff to focus on other important tasks and initiatives rather than spending time monitoring and managing security incidents. This can help improve employee morale and productivity and reduce turnover.
Companies with large, complex networks can benefit significantly from having a specialized team monitoring and defending their network against threats. By outsourcing to a vendor specializing in securing large companies, your organization can be sure that they will have the resources to defend against even the most sophisticated attacks.
In addition to the day-to-day monitoring and management of your organization's security, a SOC-as-a-Service provider can also offer strategic consulting services. This can include helping you develop and implement security policies and procedures and providing guidance on the latest security threats and trends.
Organizations that are required to comply with industry or government regulations can benefit from the assistance of a SOC-as-a-Service provider in meeting their compliance obligations. By outsourcing your compliance needs, you can ensure that your organization will have the resources and expertise necessary to satisfy even the most stringent requirements.
What is In-house outsourced SOC?
You have an Outsourced SOC team on-site, leveraging customer security tools sets ( SIEM, etc.) or SOC provider toolset. In-house outsourced SOC refers to a type of security operations center managed entirely by a company's employees. Unlike outsourced SOCs, typically managed externally by a third-party provider, in-house outsourced SOCs employ staff who work directly for the company. These teams often have deep knowledge and understanding of the company's systems and operations, allowing them to respond to any potential threats or problems quickly. Additionally, they often have access to more resources than outsourced SOCs, giving them greater flexibility and effectiveness in detecting and responding to threats. Overall, in-house outsourced SOCs provide companies with an efficient and cost-effective way of protecting their data and networks from potential security breaches.
In today's rapidly changing tech landscape, outsourced security operations centers or SOCs are an essential tool for businesses looking to protect their critical data and systems. With outsourced SOCs, organizations can benefit from skilled security professionals who have deep knowledge of best practices and industry trends. Additionally, outsourced SOCs offer responsiveness and flexibility that in-house operations cannot match. By outsourcing their SOC needs, companies can keep tabs on emerging threats while enjoying greater peace of mind knowing that their valuable data is being proactively safeguarded. In short, outsourced SOCs are a powerful and effective solution for protecting critical systems against today's increasingly sophisticated cyberattacks.