The security operations center (SOC) has evolved through the years in line with the threat landscape. Once the preserve of government and military organizations, it is increasingly recommended for enterprises of all sizes, even SMBs. However, building a dedicated team and facility to monitor threats 24/7/365 is not easy. Skills and funds are in short supply. That’s why many companies are handing these responsibilities over to a trusted third party. However, deciding to outsource is just the first step. Next comes the hard part – choosing the right provider.
The truth is that not all managed SOC offerings are created equal. Finding the right partner is a higher stakes game than many realize. Get it wrong, and cyber risk and costs could quickly spiral out of control.
Firms Under Fire
The main drivers for investing in a SOC are fairly predictable. Over recent years, the volume and sophistication of cyber-threats have soared. Nowhere is this more visible than in the ransomware space, where cybercrime innovation has led to the use of ‘as-a-service’ offerings, democratizing attack capabilities to a wide range of affiliate groups. So much so ransomware was labeled as the…
