SOC stands for the security operations center. It is an asset used to monitor, identify, investigate, prevent and respond to cyber threats. The responsibility of the SOC team is to monitor and protect the company’s assets like intellectual property, business systems, personnel data, and brand integrity. Security information and event management (SIEM) is a technology that supports cyber threat compliance, detection, and security management through the collection and analysis of security events and other contextual data and data sources. SIEM employs statistical and correlation models to spot events that may form security incidents to notify the SOC team about them and produce contextual data for investigation.
Benefits of SOC in your business
Monitoring network throughout the year
Cyber attackers do not take a break during weekends or holidays. As such, guaranteed cybersecurity will need to monitor the company’s data and IT infrastructure 24/7. Therefore, the organization will need to have multiple shifts for the security team who will ensure SOC attack responders and analysts are always available.
Reduce cybersecurity costs
It tends to be an expensive exercise for an organization to maintain strong cybersecurity. The organization may need several licenses and platforms for it to achieve extensive protection and visibility on cyber threats. However, having a central SOC will help reduce such costs by sharing across the whole organization. Also, having an effective SOC will help the business save finances in the long run since the risks of cyber threats will be reduced. A data breach is likely to make the organization lose millions of dollars, and malware attacks would result in huge costs in terms of system recovery and downtime. As such, a SOC team that can block a cyber-attack before causing any damage will have exhibited a significant investment return.
Most network enterprises are becoming more complex. Initiatives in the digital transformation have steered cloud computing deployment and internet of things devices. The growth of bringing your device (BYOD) and remote work policies has encouraged connection of the mobile and remote devices to the cooperate network. As such, it has become more complicated to maintain visibility and security. Certain technology can work in one platform but they may be weak in another, while new technologies tend to be prone to security requirements and vulnerabilities that need new security solutions. Such a diverse network can effectively be secured by the use of an integrated network visibility solution. An effective SOC employs tools that empower the organization to realize full visibility in its network infrastructure as well as potential attack vectors.
Effective cyber-attack detection and response require good collaboration. For an organization that lacks clear processes to identify, report, and respond to cybersecurity incidents, then delays will give the attacker a potential chance to actualize their objectives which makes it hard to eradicate the infection. Personnel and security resources of the businesses can be centralized in SOC in a single team that can support the whole organization. Such a structure supports team members collaboration making it easy to meet the organization’s cybersecurity needs such as rapid response and 24/7 network monitoring of any security incidents.
Benefits of SIEM in your business
Better security analysis
By using the SIEM solution, the organization will be able to consolidate risk assessment services. It is possible to analyze network behavior using SIEM tools in different circumstances and depending on security sources for the specific condition.
Regulation of compliances
Proper SIEM implementation treats the IT infrastructure with important prerequisites that will prevent security breaches. It helps to effectively alleviate the effects of security incidents with pertinent IT compliance updates.
SIEM operates by producing sufficient insights via the relevant computer software and aggregated database of an application. By implementing data intelligence, this tool will help solve underlying issues as well as identify future trends.
SIEM tool introduces effective response and proper attack recovery planning solutions.
By employing the SIEM tool, the organization can standardize and categorize network logs for efficient monitoring and attain a responsive workflow with detailed visibility of backups and security. This will provide the IT team with additional features such as system access management, SSO integration, and quick data encryption among other quality management services.
SIEM Platforms have become stronger in the modern years due to advance in technology such as machine learning. These platforms help to provide the power to defend an organization’s systems from cyber threats before they go beyond repair. The tool analyzes the correlation of events for a distinctive pattern that can guide to detection of complex threats to the system and information security.
SOC and SIEM are inevitable tools for a business that holds sensitive data. SIEM software operates by collecting data and events from the organization’s devices and applications, analyzing and classifying them into various categories such as malware activities, exploit attempts failed login, and more. SOC provides resources needed to manage SIEM. SOC team constitutes of security experts who use SIEM platforms to monitor business IT infrastructure, search for cyber threats, and respond to them in of attacks.