Businesses and organizations have never been more dependent on the digital economy and the internet for growth. Cloud-based technologies have also made digital innovation much more vast and accessible to people. However, the greater the virtual infrastructure, the greater exposure to security risks businesses face.
According to Accenture, 80 percent of organizations are introducing innovation faster than their ability to secure it against cyberattackers. Without the right security protection, vulnerabilities to malwares, phishing attacks, and other cyberthreats can result in serious damages and disruptions. In this article, we’ll explore why cybersecurity is important and how to better manage security risks for your organization.
The case for better cybersecurity
Organizations need to be actively engaged in security defense planning, compliance maintenance, and real-time data monitoring across all divisions. At the same time, not every system hiccup or abnormality that happens is a priority. Increasing data intake across servers and networks can confuse and obscure important information. As cyber threats arise from hidden sources, security teams need to process and analyze events in the proper context.
Assigning one team to take on the mission of cybersecurity with all its complexity and breadth is a tall order. Organizations need to be sure to allocate the time, resources, and skills needed to take a proactive approach. The best plan of action allows the company and its workforce to thrive without costly, reactive measures.
The benefits of a security operations center
This is where a security operations center (SOC) comes in. At an SOC, a team of highly experienced cybersecurity experts develops, monitors, responds and implements security policies to any identified network threats. Skilled professionals in an SOC use an arsenal of specialized processes to pinpoint flaws in a system and prevent vulnerabilities from intrusion or theft.
Having a capable SOC can benefit organizations in several ways:
Data moving through various endpoints in a network means there are more openings for hackers to compromise a system. With an SOC team, experts can maximize the chances of detecting threats early by having a complete overview of the entire network with an integrated software or process.
According to IBM, the average lifecycle of a breach is a whopping 280 days from breach to containment. To reduce far-reaching consequences and minimize damages, organizations need to adopt a proactive cybersecurity strategy. A trained SOC team performs proactive measures by identifying threats by using enhanced monitoring, detection, and automation tools.
Instead of having different specialists work separately, having a dedicated group of cybersecurity analysts and engineers can improve collaboration and efficiency. In these instances, an SOC can help ensure everyone is working to solve problems collectively without missing a beat.
Any cyberattack on your network can have disastrous costs. In fact, the global average cost of a data breach is $3.92 million in 2019. Having an effective SOC can help prevent major financial loss, contribute to higher returns on investment, and save an organization money in the long run.
Strengthen your cybersecurity
SOCs don’t have to work alongside a company’s internal security team to be valuable. A fully outsourced SOC can provide the same capabilities of a modern cybersecurity team without the cost and headache of managing one. Talent 101’s complete SOC-as-a-Service leads and manages professional experts and resources on a day-to-day basis. Additionally, Talent 101’s range of intelligent cybersecurity solutions can flex and scale with an organization’s various business needs.
Ready to tackle cybersecurity advances and increase data protection? Contact Talent 101 today to get a needs assessment and talk to a specialist.