Cetas Blog Post

SOC-as-a-Service

September 26, 2022

SOC-as-a-Service is a license-based approach for managed threat detection and response that provides your business with world-class security operations.

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A security operations center (SOC) has historically been an important component of a successful cybersecurity strategy.

Introduction

SOC-as-a-Service (SOCaaS) is a license-based approach for managed threat detection and response that puts a world-class security operations center within your business's reach.

A security operations center (SOC) has historically been an important component of a successful cybersecurity strategy.

However, SOC implementations are often complicated and costly, putting a contemporary SOC out of reach for many businesses.

It might take years just to get up and running, with expenses in the millions.

SOCaaS provides all of the advantages of a dedicated SOC without the high costs, complexity, and hassles associated with creating, hiring, and operating one in-house.

Organizations may outsource the people, procedures, and technology required for a SOC with a managed SOC service, administered and managed offshore and offered as a cloud-based service.

Organizations of all sizes need protections and expertise that enable them to watch for threats 24 hours a day, seven days a week.

SOCaaS enables enterprises to get an end-to-end detection and response solution tailored to address today's SOC concerns at a realistic cost.

Why Your Company Needs SOCaaS

SOCaaS goes above and beyond what standard managed security service providers (MSSPs), and managed detection and response (MDR) vendors can give.

Legacy MSSPs are not equipped to provide sophisticated threat detection and response capabilities via their security operations centers (SOCs).

SOCaaS overlaps with MDR, but it offers a more complete, adaptable, transparent, and, most importantly, successful approach to threat detection and response.

SOCaaS relieves your in-house SOC team of their responsibilities.

They monitor security 24 hours a day, seven days a week, and utilize automation and data science to accelerate detection and give high-confidence alarms. Alerts with a higher level of certainty result in quicker and more effective detection and cleanup.

Working with a SOC-as-a-Support provider lowers the chance of a breach and the likelihood of incurring expenses (legal bills, regulatory penalties, customer service charges, etc.) and brand harm resulting from a successful assault.

Thanks to IoT, remote work, acquisitions, and service expansions, businesses are expanding and changing faster than ever. SOC-as-a-Service promotes safe growth by allowing organizations to adjust and expand their outsourced SOC usage based on their objectives.

SOCaaS is paid for as a monthly operational expenditure based only on usage. For most enterprises, this is more cost-effective than installing and staffing an on-premise SOC.

SOCaaS vs. Internal SOC

Whether to have an in-house SOC or outsource to a business specializing in SOC-as-a-Service is a vital choice.

An efficient SOC is the core of an organization's security, working around the clock to identify and prevent threats before they harm and allowing a speedy reaction if an attack can circumvent security protections.

When determining whether to run your own on-premise SOC or work with an enterprise SOC-as-a-Service provider, there are many critical factors to consider.

A SIEM is the SOC's technical backbone. However, companies must often build on new technologies as the threat environment evolves. It develops a patchwork over time, making it difficult to maintain and derive significant security information.

The cost of procuring, implementing, configuring, integrating, upgrading, and maintaining the numerous tools necessary to run an efficient SOC is high; data collecting, storage, and licensing may all contribute to the expense of an on-premises SOC.

Data privacy and security are business needs. To avoid a breach, organizations must maintain high standards.

A SOC must be ISO 27001 or SOC II Type 2 compliant, and some businesses must consider other requirements or frameworks like HIPAA, GDPR, CCPA, PCI DSS, and NIST.

Achieving and proving ongoing compliance may be a time-consuming and costly task that must be incorporated into a SOC's total cost of ownership.

A security operations center (SOC) is a specialized office facility where specialists work and interact. The expense of obtaining, setting out, and securing a location with adequate capacity for personnel and 24/7 HVAC might be enormous.

Why Should You Use SOCaaS?

SOCaaS, positioned as a managed service solution, offers enterprises a team of cybersecurity professionals devoted to monitoring, identifying, and investigating threats across the company.

In certain circumstances, the outsourced security team can remediate discovered risks, while in others, the SOC team collaborates with internal IT teams to remediate recognized threats.

Organizations serious about improving their cybersecurity posture may rapidly discover the enormous expense and time required to engage security professionals, negotiate and acquire security software and infrastructure, install and configure the SOC, and then begin monitoring for threats.

When firms contemplate the challenges of establishing their own SOC, the following concerns may come to mind:

You have minimal knowledge of internal security and/or SOC. Managed SOC providers are security operations professionals that manage the security operations of enterprises from all over the globe in every industry vertical.

There is insufficient funding for capital expenditures - With SOCaaS, the capital investment typically associated with creating a SOC is exchanged for a single, straightforward monthly operational cost.

It takes much too long to set up your SOC. The time generally spent on assembling a SOC team, acquiring infrastructure, and licensing and integrating software is countered by the SOCaaS provider's already operational and staffed SOC.

A company's security infrastructure- both on-premises and outsourced- is improved by combining cutting-edge threat intelligence, seasoned cybersecurity analysts, and cutting-edge security monitoring and response orchestration tools.

An internal SOC may be too expensive. A SOCaaS option may be far less costly than the expense of establishing a SOC in-house.

In many circumstances, the monthly cost of SOCaaS is cheaper than the cost of hiring simply internal SOC analysts. SOCaaS is a cost-effective option since it is a fraction of the expense of an internal SOC.

With SOCaaS, enterprises can ensure that the whole network environment is constantly monitored for emerging cyber threats by cybersecurity professionals, all at a fraction of the cost of doing it themselves.

The Benefits of SOCaaS

Companies that use outsourced SOCaaS experience improvements in the following:

  • Security detection
  • Threat response
  • Workforce and budget
Here are more benefits of using a SOCaaS:

1: Reduces SOC Complexity

Most organizations do not have the time or skills to develop, install, configure, test, manage, maintain, update, and operate an internal SOC effectively. Employing a SOCaaS provider simplifies the problem; you pay for services using an existing SOC.

2: Increases Deployment Speed

Since no physical SOC is required, deployment time is considerably decreased. Instead of quarters or years, some SOCaaS providers may be operating and monitoring an organization's environment in roughly a month.

3: Instant Knowledge

Not every company has in-house cybersecurity professionals, and not every company can afford to recruit them. Organizations that employ SOCaaS receive access to a team of cybersecurity professionals and analysts trained and skilled in monitoring for and remediating today's sophisticated cybersecurity threats.

4: Improves Threat Detection and Response

SOCaaS improves the speed, efficiency, and effectiveness of threat detection and response capabilities far beyond that of internal security teams by utilizing the most recent threat intelligence, a team of dedicated security experts, best-of-breed security solutions, and automated response orchestration.

Cybersecurity on Autopilot

Those same SOC complexity issues (developing, installing, configuring, testing, administering, maintaining, updating, and running a SOC) increase an organization's total cost.

The transition from enterprises paying for each part of an internal SOC to making a single monthly payment makes SOCaaS a cost-effective option.

SOCaaS seems more attractive when the pretty safe expectation that expenses would be greatly lowered is combined with enhanced levels of security.

At Cetas, we modernize your SOC. Optimize security operations by automating threat detection, investigation, and response. Incident responders build our autonomous cybersecurity platform for incident responders.

We provide outstanding solutions in the following:

  • Cloud Security
  • Threat Hunting
  • AI for Detection and Investigation
  • Security Data Lake
  • Managed Security Services
Request a demo today to see autonomous cybersecurity in action.