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What Benefits do Organizations Acquire from SOC-as-a-Service?

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What Benefits do Organizations Acquire from SOC-as-a-Service?

Managed Security Service, often referred to as SOCaaS (Security Operations Center as a Service), is a subscription-based offering that allows organizations to have their security operations team monitored externally. This kind of service is based on the concept of turning an internal security operations center into an external cloud-based service in that it offers IT organizations and small businesses extra security protection and insights into any potential threats that might lie ahead during everyday tasks.


Why is there a need for SOC Service?


In today's fast-paced world, technology is a double-edged sword of sorts. On the one hand, it has allowed us to increase productivity at an incredible rate, but on the other hand, it has caused the massive gaps in security that we still see today. Considering all of this and more, companies are turning to managed IT services such as cloud monitoring to help them get their systems back on track and secure. 


Now, security operations centers or SOCs and SOC Service are no longer just reserved for infosec specialist teams who work in a centralized location; they have become available via managed service providers that give their clients access to experts 24/7 who monitors for cyberthreats, cost-effectively and improves the organization's security posture. 


Why choose SOC-as-a-Service Over Building Your Own? 


Managed SOC Service holds several benefits which are much higher than building your own security providers, which are-


  • Lower Cyber Risks- Working with SOC providers reduces the burden on in-house security teams. They monitor security 24/7 and use automation and data science to speed up detection and deliver high-confidence alerts. Higher confidence alerts mean faster and more efficient detection and remediation. 

 

  • Enhanced business agility and scalability- Businesses are growing because of the IoT or internet of things. They are becoming more innovative than ever before, and business services rely on security to prevent damage and loss. Businesses can alter and scale their SOC-as-a-Service solutions at will to make sure they don't miss a beat even when facing obstacles.

 

 

  • Cost-Efficient- SOC as a service works at an operating expense that is generally based on the services being consumed. This is more cost-efficient than establishing and staffing an on-premise SOC, especially when you think about how many people would need to be hired with relevant experience and expertise to do the job effectively.

 

  • Faster Detection and Remuneration- SOC-as-a-Service providers can make a big difference for businesses looking to boost their security forces. These companies use automation and data science to speed up detection and deliver high confidence alerts, which can lead to more expedient detection and remediation, meaning fewer security issues in the long run.     

 

Choosing whether to build your own on-premise SOC or to outsource it to a company specializing in SOC-as-a-Service is an important decision, and you definitely have to make it according to your business's needs. But, there are many reasons why you should opt to outsource your SOC Service to an MSSP because smaller and even large companies have chosen this option when they need an additional strategic arm. However, an MSSP can be very beneficial in times of crisis as well because they offer more resources and tools at the ready when you need them most!


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