{"id":18456,"date":"2024-07-24T13:16:03","date_gmt":"2024-07-24T13:16:03","guid":{"rendered":"https:\/\/acora.s.nomatter.dev\/?post_type=resources&p=18456"},"modified":"2024-09-13T15:45:28","modified_gmt":"2024-09-13T15:45:28","slug":"managed-soc-an-expert-guide","status":"publish","type":"resources","link":"https:\/\/acora.s.nomatter.dev\/nltest\/insights\/managed-soc-an-expert-guide\/","title":{"rendered":"Managed SOC: An Expert Guide"},"content":{"rendered":"

<\/span>Managed SOC: An Expert Guide<\/b><\/span><\/h2>\r\n

70% of medium-sized businesses reported breaches or attempted cyber attacks within the last 12 months. In the UK, the total annual cost of cybercrimes for businesses is \u00a321 million. You can\u2019t hide from those numbers, so how can a best-of-breed Managed SOC play a part in reducing them?<\/span><\/p>\r\n

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Read on to learn more<\/a><\/div>\r\n<\/div>\r\n\r\n

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Index<\/h3>\r\n
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  1. \r\n

    What is a SOC?<\/a><\/strong><\/p>\r\n<\/li>\r\n

  2. \r\n

    What is a Managed SOC?<\/a><\/strong><\/p>\r\n<\/li>\r\n

  3. \r\n

    Why you need a Managed SOC?<\/a><\/strong><\/p>\r\n<\/li>\r\n

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    Benefits of a Managed SOC<\/a><\/strong><\/p>\r\n<\/li>\r\n

  5. \r\n

    Capabilities of a Managed SOC<\/a><\/strong><\/p>\r\n<\/li>\r\n

  6. \r\n

    Implementing a Managed SOC<\/a><\/strong><\/p>\r\n<\/li>\r\n

  7. \r\n

    Managed SOC VS. MSSP<\/a><\/strong><\/p>\r\n<\/li>\r\n

  8. \r\n

    Choosing the right Managed SOC Partner<\/a><\/strong><\/p>\r\n<\/li>\r\n<\/ol>\r\n

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    <\/span>What is a SOC?<\/b><\/span><\/h2>\r\n

    A Security Operations Center (SOC) is a central unit that performs essential security functions that\u2019ll enhance a businesses overall state of readiness to respond to cyberattacks – it can either be outsourced (managed SOC), or in-house. In-house SOC is typically less cost-effective and more time consuming.<\/span><\/p>\r\n

    Whether it\u2019s an in-house SOC or managed, the team will include an SOC manager, security engineer, advanced security analyst, security investigator, and incident responder – all of whom will report to an organisation’s CISO.\u00a0<\/span><\/p>\r\n

    With the latest statistics stating there are now over 560,000 recorded attempted and successful cyber attacks, a team of security analysts and cyber security<\/a> managers is not a need; it’s a must.\u00a0<\/span><\/p>\r\n

    Most companies will outsource to a SOC equipped with advanced threat intelligence tools to instantaneously reduce the threat and impact of cyber attacks. It\u2019s the best value for money for organisations without the resources or knowledge to manage it in-house. It\u2019s a 24\/7, fully comprehensive, centralised security operation that provides round the clock security support. <\/span>\u00a0<\/p>\r\n

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    <\/span>What is a Managed SOC?<\/b><\/span><\/h2>\r\n

    A <\/span>Managed SOC<\/span><\/a> performs key security functions to enhance an organisation’s cyber security posture through detection, response and continuous functions. This is achieved through monitoring the security of an organisations supported environment for cyber threats, conducting triage, investigating and responding to security incidents and providing reports, utilising standard systems and processes.<\/span><\/p>\r\n

    The continuous active search for cyber threats improves detection abilities, looking beyond the norms to reveal hidden threats – there\u2019s no waiting around for the threat to come to you.<\/span><\/p>\r\n

    A security team will use different tools and procedures for identifying and responding to cyber threats. With continuous monitoring, preventing cyberattacks becomes almost seamless while incidents reduce in severity and companies keep compliance with regulations supported. And with real-time feedback, organisations can better understand their security posture and have actionable insights that enable the creation of effective cyber security defence mechanisms.\u00a0<\/span><\/p>\r\n

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    <\/span>Why You Need a Managed SOC<\/b><\/span><\/h2>\r\n

    Many organisations find it tricky to establish and maintain their internal SOCs due to costs or resource needs, as we’ve said already. A managed SOC removes the need to build and maintain SOC in-house resulting in reduced operational and infrastructure expenses.<\/span><\/p>\r\n

    However, managed SOC services offer an alternative where external cyber security experts monitor your IT systems 24\/7 on behalf of a business. These are trained experts in cyber security and management and the end-to-end integration with the managed SOC service and the organisation’s existing IT functions creates a fully integrated service across the combined IT organisation.<\/span><\/p>\r\n

    Another statistic for you: the average cost per breach in the UK is <\/span>\u00a33.4 million<\/span>, with 50% of businesses experiencing a cyber attack in 2023. It\u2019s literally a 50\/50 chance of attack.<\/span><\/p>\r\n

    And if one in two businesses in the UK will be a victim of a cyber attack, perhaps the question we should be asking is, why don’t you need managed SOC?<\/span><\/p>\r\n

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    <\/span>What are the Benefits?<\/b><\/span><\/h2>\r\n

    We\u2019ve dotted in mentions of the benefits throughout this article, but here\u2019s a summary:<\/span><\/p>\r\n