Why outsourcing your security operational center makes sense?

Gone are the days when identification of simple cases on a regular base was sufficient. The impact and risks of breaching incidences have been increasing over the years. The transitioning of companies of all sizes into cloud with service providers like microsoft azure and amazon web services is very high. Technology is changing each and every day and as a result of the new technologies comes with it a set of new risks that most businesses are not aware of and effective management of their security operation is the most pressing need. As a result, most companies if not all are gravitating towards outsourced models for their day to day operations and security strategies.
What is a Security Operational Center(SOC)?
A SOC is a team of committed security analysts that assess threats, conduct an analysis of incidents and keep watch of your IT environment by providing threats intelligence against possible system weaknesses and potential breaches. It also retains a unified and accurate front against malicious attack and detection of an authorized activity by providing a 24/7 monitoring system.
In-house SOC or outsourced SOC, which is the better option?
Organizations have always found themselves stuck between two options. That is either building their own SOC system or seeking help from outside by outsourcing security services from organizations that provide SOC solutions.
In-house SOC
This solution only provides an advantage to those organizations that are able and willing to make investments on the developing ones. With this, you will be responsible for your security environment ultimately and you will be able to understand and know it intimately. You will also be having total control and hence you will decide on which compliance and security solutions to implement.
Building your own in-house SOC seems to be expensive not only in the resources used to build and operate such facilities, but also being updated on the latest compliance guidelines and security. Unfortunately, the unforeseen expense that most businesses do not see is the time it takes to build a fully functioning security operational center. Normally a period of 18 to 24 months is required, the time which a business could concentrate on other tasks in the organization that could help it grow. This is a risk that could cost your organizational more that it had originally planned for.
Outsourcing SOC solutions
While creating and building your own security operational Center tends to be appealing to most organizations, it is not an option that many organizations can afford. This is when outsourcing SOC solutions is going to make sense. With an outsourced SOC solution you are going to access sturdy security solutions run by a team of committed security experts and the system is run at a very high speed. You are also going to get the right technologies to analyze, aggregate and correlate data. The research of threats and intelligence will be on a continuous basis. All these are streamlined and optimized to make your organization to be run at the highest level of effectiveness and efficiency 24/7.
Depending on the size of your organization, partnering with an outsourcing company means that you will be up and running within a short period from days to a few weeks. In addition to all these, as a result of economies of scale, a cost benefit analysis will show that an outsourced SOC solution will have a significant cost advantage.
Having a professional team of experts that can be able to detect any potential issues or attack and addressing them timely is an advantage that outsourced SOC has over which is challenging to an in-house SOC.
Given the importance of IT security, choosing the right company to outsource your security operation center is very critical. It is therefore recommended that your time and analyze the outsourcing company that you want to partner with, preferably a company with specific expertise in your industry is required and with expansive tools and you can trust the people working there.
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