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Across the world, C-Suite executives are prioritizing long-term cybersecurity strategies and investments that yield proactive results in the fight against cybercriminals. They have their work cut out for them—as recently as 2019 there was a 67% increase in security breaches versus the previous five years, Accenture reports.
Incremental improvements to existing point solutions are no longer enough. Both enterprises and SMBs need real-time capabilities that mitigate evolving risks, with the help of experts and capabilities available only to the security industry’s leading professionals.
These resources are not only expensive, they are often too difficult to understand by companies’ internal cybersecurity experts alone—especially in small or mid-sized companies. Fortunately, SOCaaS providers make it easy for internal teams to integrate cutting-edge security capabilities with their existing security workflows and infrastructure. Here we explore the possibility of your own adoption of SOCaaS as you look to improve your own security posture.
Understanding the Impetus for SOCaaS
In traditional environments, Security Operation Centers (SOCs) feature centralized security technology, resources, and personnel responsible for detecting and responding to cybersecurity threats. In these environments, companies manage all costs—including hiring, training, technology, and others—alone.
The thorniness of modern cybersecurity is this—both the complexity and frequency of attacks are growing exponentially, and a wider range of business types and sizes are at risk. A cyberattack affects at least one business every 39 seconds, Forbes reports, and nearly half of them are small businesses.
More difficulties arise as companies’ own IT infrastructure becomes more diverse and complex. The normalization of BYOD and remote work environments serve as examples. Internal teams rapidly lose track of emerging best practices and necessary capabilities to accommodate these changes.
Finally, countless companies struggle to hire the right professionals amidst a global shortage in security professionals as well. This global shortage will reach 1.8 million in 2022, Frost & Sullivan reports.
How Does SOCaaS Work?
SOCaaS providers make cybersecurity simple for vulnerable companies. Companies who adopt SOCaaS can optimize their capabilities without hiring new security professionals, investing in new infrastructure, or overhauling their cybersecurity protocols for solutions discovery, strategy, and implementation. Instead, SOCaaS providers focus on delivering outcomes, optimizing costs, and implementing cutting edge capabilities for those companies so they can focus on what they do best—growing their business.
As a cloud-native model, SOCaaS represents a complete evolution of SOC. It makes leading security accessible to even small and mid-sized companies, who are increasingly targets of cyberattacks. It gives business leaders access to leading cybersecurity professionals, even during a hiring crisis. It relieves these companies of the internal burden of security infrastructure and training as well.
5 Reasons You Might Be Ready for SOCaaS
No matter the circumstances, companies need an accurate picture of their security posture and the means to keep it consistently up to date. The question then is whether they have access to the low-cost, enterprise-quality cybersecurity measures today’s and tomorrow’s threats impose upon them.
Here is a closer look at some of the top reasons companies sign on to SOCaaS as their core cybersecurity model. Consider whether or not these qualities apply to your own organization as you decide.
1. You need the right strategic insights.
Talent limitations and a lack of sufficient expertise affect more than just operations. Companies need high-level security strategists to pinpoint the right capabilities, mitigate future threats, and even minimize security-related costs. Partnering with an SOCaaS provider allows business and IT leaders to take a proactive security approach with timely monitoring, detection, analysis, and mitigation in place.
2. You need to automate security processes for easier execution.
Countless internal SOCs are inundated with security-related tasks, despite being understaffed. Automation can streamline repetitive and labor-intensive security processes. Even so, it’s often difficult for IT leaders to make the leap from doing things manually to investing in automated technologies.
SOCaaS providers can identify all possible opportunities for automation then implement those measures on behalf of their clients. Since providers have their own in-house experts, internal business and IT leaders can rest assured the automated aspects of their security controls and workflows are reliable and up to date.
3. You need simplified IT processes.
When internal teams are left managing the full extent of their security operations, they are responsible for the complex processes—not to mention complex problems—that may arise within their infrastructure. SOC teams will spend countless hours working out the minutia of systems updates, data analysis, and auditing required to sustain modern IT security capabilities as a result.
When partnering with an SOCaaS provider, security teams can assume a more strategic role. The provider does the heavy lifting in terms of updates, analysis, auditing, and other tedious requirements, then compiles the results to share with its clients’ internal IT teams. In addition to providing core metrics, SOCaaS teams can provide strategic guidance, helping internal IT teams arrive at solid decisions on any number of security issues.
4. You need straightforward solutions.
Enterprise IT teams tend to collect an amalgamation of technology solutions for their security. They invest in new tools as new threats arise so that in time, they spend an inordinate time managing their complex array of software and infrastructure.
In these cases, IT teams would be better served by a single, comprehensive, intelligent solution—a multi-tenant platform to replace their collection of other security products. Applying intelligent SOC as a service can augment the intelligence of internal IT teams, rather than sap their intelligence away from value-added and strategic activities.
5. You need to drive long-term business value.
Too often, business leaders set IT security outside the scope of business strategy and growth; security is regarded as something that “needs to be taken care of” rather than something that is central and competitive in terms of business success.
Like other cloud-native solutions, SOCaaS aligns well with business agility and growth. SOCaaS is highly scalable, with payment arrangements the reflect service on an ‘as needed’ basis. Critically, SOCaaS providers continuously enhance their clients’ security postures as they work proactively to keep their security ahead of evolving threats. This bodes will as those companies make business arrangements with their own clients, partners, or customers, many of which must trust those companies with their own critical data.
Take the Next Step On Your Cybersecurity Journey
It’s difficult to imagine a successful company of the future with out SOC as a service as part of its broader XaaS mix—especially given the levels of complexity, flexibility, expertise, and ongoing transformation modern IT security requires. Fortunately, SOCaaS makes sophisticated security available to companies of all sizes. There is reason for optimism for cybersecurity’s future, where tomorrow’s security measures are always guided by experts in the field.
Learn More About SOCaaS with Uvation
You can learn more about SOCaaS as it applies to your business. In time, Uvation can help you achieve ongoing security, giving you, your colleagues, your partners, and your clients ongoing peace of mind. Visit our SOCaaS service page to learn more, or start a conversation about SOCaaS options today.
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