Cyberattacks are becoming more common and the cyber threat landscape is constantly changing. It is essential to be vigilant and respond quickly. A cybersecurity incident that is not dealt with quickly can cause serious damage to an organization and increase the cost. These risks are managed by the Security Operations Centre (SOC) of an organization. The SOC should have the ability to monitor cyber threats round-the-clock, seven days a semaine, and respond quickly to any incidents.
What is SOC (Security Operations Centre), and how can it be used?
An information security operation centre (SOC), is a structure that houses an information security team responsible for continuously monitoring and assessing the organisation’s security status.
To detect, assess, and respond to cybersecurity issues, the SOC team employs a variety of processes. To ensure security vulnerabilities are fixed as soon as possible, the SOC team works with organisations’ incident response teams. Security operations center monitors and analyses networks, servers and endpoints as well as websites and apps. They look for unusual behavior that could indicate security incidents or compromises. The SOC is responsible to properly identify, analyse, defend, investigate, and report potential security threats.
Security Operations Center (SOC), Roles and Responsibilities
The SOC is responsible for responding to any incident within an organisation and pushing for security improvements that will protect it from cyber threats. The following benefits will be realized by a well-functioning SOC. They use a complex combination of technologies and the right people to monitor the network and manage it.
Identify assets
A SOC team’s activities begin with a thorough understanding of all the technology and tools available.
This team acquires knowledge about the hardware and software of the systems. This knowledge is used to detect cyber threats early and identify existing weaknesses.
Proactive Monitoring
The primary purpose of a Security Operations Centre is to detect malicious network activity and prevent it from causing significant damage.
Severity of Rank Alerts
SOC analysts must give a severity rating to each occurrence when they find a threat. This information helps to prioritize the event’s response.
Continuous behavioural monitoring involves reviewing all systems seven days a week, 24 hours a day. SOCs are able to provide the same weight as proactive and reactive efforts, since any anomaly inactivity can be identified immediately. You can use behaviour models to train data gathering systems about suspicious activities and alter false positives.
Incidence Recovery
Incident recovery can help recover data from an organisation. This includes system reconfiguration, backups, and updates.
Compliance Management
It is crucial to ensure that the SOC team members and the company follow all regulatory and organizational requirements when executing business objectives. One member of the team is usually responsible for compliance education and enforcement.
The SOC gathers data from all over the network. Various devices monitor for irregularities and alert employees about potential dangers. The SOC does more than just deal with problems as they arise.
Organizations often use a security operation center (SOC) to monitor and respond to potential threats. This provides centralized and consolidated cybersecurity incident detection, prevention, and response capabilities.
Which SOC is best for your organisation?
An SOC can be part of a comprehensive strategy that protects organizations against advanced threats. There is no single solution that will provide the best balance between effectiveness and cost.
There are many types of SOC models that can be used to create and maintain security operations.
SOC Distributed
In-house, a semi-dedicated part-time or full-time employee is hired to work with a third party managed security service provider in a comanaged SOC. This is also known as a MSSP (co-managed SOC).
Managed SOC
MSSPs can provide all SOC services for a company using this approach. Managed security operations models augment existing network security tools by providing continuous threat monitoring, detection and response. You can also include security operations solutions to help reduce cyber risk and assess vulnerabilities.
Security Operations Center Benefits
Have a look of some of the benefits that Security Operations Center offers
- Improvements in incident response time and practices
- Reduced gaps between the time at which compromise occurred and the mean time to detect (MTTD).
- Monitoring and analysis of suspicious activity. Effective communication and collaboration.
- For a more comprehensive security strategy, consolidate software and hardware assets.
Both customers and employees feel more comfortable sharing sensitive information. - Control and transparency of security activities.
- If a company plans to prosecute cybercriminals, it will need a data chain of control.
IARM is a pioneer in the field of SOC-as-a-Service and has top listed from Gartner Peer Insights and Clutch for the best Cybersecurity Service Company.
It’s a big decision whether to develop your own on-premise SOC or outsource it to a business that specialises in SOC-as-a-Service. If you’d like to learn more, please contact us.
SOC Best Practices
Here are the top practices of the Security Operations Center
Risk Assessment
SOC leaders use formal risk assessment procedures to determine gaps in detection coverage and respond coverage, and to influence future investments.
Data collection and aggregate
The best SOCs use the most cutting-edge technology to efficiently consolidate and analyze data from all parts of an enterprise.
Prioritize
The volume of alarms and security data can overwhelm even the most powerful SOC teams. It is important to have established mechanisms for prioritizing and triaging incident response in order not to ignore critical threats.
Playbooks
SOC playbooks provide operational procedures and structure for common attack scenarios to analysts. They increase response time and improve investigative quality.
Automation
SOCs automate key incident response steps, data collection, processing and reporting to increase response time. All data should be measured and reported. SOCs don’t just respond to security issues, they also monitor cybersecurity effectiveness and demonstrate compliance.
IARM, the market leader in cybersecurity operations, offers an outsourced, fully-managed security operations solution that assists organizations of all sizes to increase their defenses and reduce organizational risk.
Our experts offer strategic and tactical insights that will help you improve your security posture, compliance and capabilities.
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