In the last decade the awareness for cybersecurity has increased multifold. People and businesses have eventually learnt the importance of cybersecurity, but the price paid was huge. $4.35M in the last year to be precise.
With the rise in cyber-attacks, having robust cybersecurity is vital. However, most enterprise security teams are unable to decide on the best strategy to build a comprehensive cybersecurity capability. The main reason behind this is the fast-paced evolution of threats and a wide range of products/solutions to choose from.
While a SOC (Security Operations Center) used to be the answer to this, the cost and resources required were restricting organizations from setting it up. However, they are no longer enough to keep up with the increasing complexities of attacks and fast-evolving threat landscape. In order to maintain a robust security posture, companies need to adopt a Next-Gen SOC approach to stay ahead of the game.
What is Next-Gen SOC?
Let’s start with the basics. A traditional SOC is implemented to monitor the information security posture of the organization. It involves dedicated analysts assessing real-time security data and responding to it manually. However, it had several limitations, such as:
- The inability to detect advanced, sophisticated attacks.
- Needing a dedicated team of analysts and incident response to be present at all times.
- Reduce time to respond against attacks.
A Next-Gen SOC can overcome these limitations by building an ecosystem of cyber defense capabilities. It requires little to no human intervention in its operations. A next-gen SOC leverages the latest technologies such as Cloud computing, machine learning (ML), Big Data, artificial intelligence (AI) and IoT to detect, investigate and respond to threats faster and more accurately.
It leverages value added features such as Security Orchestration, Automation and Response (SOAR), Endpoint Detection & Response (EDR), Network Traffic Analysis (NTA), User and Entity Behavior Analytics (UEBA), Anomaly Detection, Hunting and Threat Intelligence over a normal Security Information and Event Management (SIEM), to get a holistic view of an organization's security posture.
How is Next-Gen SOC innovating Cybersecurity Operations?
Next-Gen SOC is the latest evolution in the field of cybersecurity operations. It is an innovative approach to cybersecurity that leverages advanced technologies and methodologies to provide more efficient, effective and proactive threat detection and response capabilities. Here’s how a Next-Gen SOC can transform cybersecurity operations:
Automation:
One of the significant benefits of a Next-Gen SOC is its ability to automate repetitive tasks and processes, allowing security teams to focus on more critical tasks. For example, automated threat hunting can quickly quarantine a system from network based on the rules created instead of someone doing it manually by following processes.
Machine Learning and Artificial Intelligence:
It leverages AI and ML to identify patterns and anomalies in data that humans may not be able to detect. This enables security teams to detect and respond to threats quickly.
Integration of Security Tools:
Next Gen SOC integrates multiple security tools and technologies to provide a holistic view of an organization's security posture. This allows security teams to identify and respond to threats across end points and various environments, such as cloud, on-premise and hybrid.
Real-time Threat Intelligence:
Next-Gen SOC leverages real-time threat intelligence to identify new and emerging threats and respond to them proactively. This enables the security teams to stay ahead of the game and minimize the impact of a cyber-attack.
Why do companies need Next-Gen SOC?
Companies need a Next-Gen SOC because traditional SOC models are no longer effective or reasonable in today's threat landscape. With the increasing complexity of cyber threats, businesses need a more advanced and efficient approach to cybersecurity operations. A Next-Gen SOC offers them all. It provides several benefits that traditional SOCs have failed to offer. This includes faster and accurate threat detection and response, proactive threat hunting, improved visibility, control and scalability.
This innovative technology reduces the time and effort required for manual investigation. It enables proactive threat hunting, allowing security teams to identify and respond to threats before they can cause significant damage.
There are several reasons that make Next-Gen SOC a necessary approach for companies in today's threat landscape. Let’s have a look at some of the key benefits:
Ever-evolving threat detection and response:
A Next-Gen SOC provides organizations with improved visibility and control over their security infrastructure, which is essential for effectively detecting and responding to security threats. With technologies like real-time analytics, threat intelligence, automation and orchestration along with centralized monitoring, they get granular access control to prevent risks of a security breach.
Proactive threat hunting:
It involves actively searching for threats and vulnerabilities within an organization's network, systems and applications. It is a proactive and iterative process that is designed to identify potential threats before they can cause significant damage.
Improved visibility and control:
A Next-Gen SOC provides a holistic view of an organization's security posture, allowing security teams to identify and respond to threats across various environments, such as cloud, on-premises, and hybrid. This helps improve visibility and control over the organization's security operations.
Scalability:
A Next-Gen SOC allows companies to easily scale their security operations as their business grows. Cloud-based architecture allows easy management and deployment of the organizational hardware and software. With features like automated workflows, third-party integration and role-based access it ensures insights from multiple sources in order to respond to threats more effectively.
Cost-effectiveness:
It reduces the costs associated with cybersecurity operations by automating repetitive tasks and processes, reducing the need for manual intervention. With faster Incident Response and better Threat Intelligence, a Next-Gen SOC can avoid a lot of incidences and even minimize the impact of (otherwise) a severe security breach. It can also reduce the total cost of ownership (TCO) of cybersecurity operations by reducing the need for expensive hardware and software, along with the associated maintenance and upgrade costs.
Enhanced compliance:
A Next-Gen SOC helps organizations meet compliance requirements by providing a more comprehensive and proactive approach to cybersecurity operations. With real-time monitoring, advanced analytics, regular audits and customized reporting it ensures there are no compliance violations. This can help avoid penalties and damage to their reputation associated with non-compliance.
In conclusion, a Next-Gen SOC is a real value for investment which provides quick and accurate threat detection and response, proactive threat hunting, improved visibility and control, scalability, cost-effectiveness and enhanced compliance. Leveraging this technology is the way forward for companies looking to maintain their security posture in today's rapidly evolving threat landscape. Stay ahead of the game with our managed SOC services. Talk to our experts to know more!