Are Managed SOC Services Right for You?

If you’re a business owner, you’ve worried about your data’s security at some point.

managed SOC service candidates
Managed SOC services work with your existing endpoint protections to monitor and manage all of your security logs.

You’ve also probably implemented cybersecurity solutions, such as firewalls, antivirus, and DNS filtration, to help protect that data. 

However, this is only one part of the security approach you should take to protect your IT environment.

At The KR Group, we offer managed security operations center (SOC) services to help businesses take a more comprehensive approach to security.

Managed SOC services allow you to partner with a provider to make more sense out of your security data.

This service is beneficial for most businesses, especially ones that:

  1. Store sensitive or confidential information
  2. Want to make more sense of security data
  3. Don’t have a dedicated cybersecurity engineer
  4. Want to reduce audit logs for compliance

These categories aren’t all-encompassing, but they should give you a good starting point on determining if managed SOC services are right for you.

You store sensitive or confidential information.

Data breaches threaten the integrity of your data.

Businesses who store sensitive information need to put an even higher importance on cybersecurity.

If you have trade secrets or patent information, a breach could expose this data. The stakes are even higher if you’re regulated by NIST SP 800-171 and CMMC standards.  

Still, almost every business has sensitive information of some kind.

Customer data records and employee information are a part of every business, and they’re something you don’t want to be compromised during an attack.

Regardless of what sensitive or confidential data you have in your environment, managed SOC services can complement the cybersecurity measures you already use to protect your environment and help you take a more comprehensive approach to cybersecurity.

You want to make more sense of your cybersecurity data.

Protecting your information includes the use of multiple cybersecurity solutions.

You should have at least a firewall, antivirus, anti-spam, and DNS filtration.

These monitor your network for threats at various levels. However, they do so individually and don’t provide an overall picture of what is going on.

Managed SOC services use security information and event management (SIEM) software to analyze all of the security logs across your environment and provide a comprehensive overview of what is happening.

Instead of looking at individual pieces of your security posture, managed SOC services with SIEM look at the big picture.

This gives you the most information about a threat and can be used to track how it is affecting your network.

Managed SOC services also provide real-time alerting not native to many security solutions. Instead of having to sift through multiple daily reports, managed SOC services alert you. They even go a step further and provide remediation support to help you remove the threat.

You don’t have a dedicated cybersecurity engineer.

Managed SOC services help you make sense of your security data, but they aren’t the only option.

Some larger organizations might be able to add a dedicated cybersecurity professional to their IT staff. This person’s job would be to look at security logs, identify threats, and remediate them.

managed SOC service candidates
An alternative to managed SOC services is having a dedicated cybersecurity engineer, but that isn’t within many businesses’ IT budgets.

However, for many businesses, having this dedicated security expert isn’t within their budget.

Managed SOC services allow you to partner with an external security department to get the same information and response as if you had an internal cybersecurity overview.

As a benefit, managed SOC services are generally more cost-effective than an internal IT department.

You want to reduce security audit logs for compliance.

Certain industries are required to meet cybersecurity compliance measures. For example, if your business must abide by regulations from HIPAA, NIST SP 800-171, GLBA, or PCI-DSS, managed SOC services can help you become compliant with the audit log and audit log reduction controls.

Many of these organizations are moving from requiring a strict security protocol to extensive reporting to audit log reduction.

The centralized logging managed SOC provides through SIEM software allows them to meet this goal.

This reduces the number of logs gone over in a manual review, by focusing on the significant ones. By using managed SOC services, you are getting a focused report.

Should you consider managed SOC services?

Managed SOC services are for just about any business that is willing to invest in their cybersecurity.

Managed SOC services give you a way to make more sense of your cybersecurity data. If you need to reduce audit logs because of compliance requirements, this is another capability of managed SOC services.

Almost all businesses have some kind of confidential information store in their network, which means managed SOC services can help protect most businesses.

In fact, unless you have dedicated security personnel on-site, managed SOC services will help you make more sense of your security data.

To help you discover how well managed SOC services would work with your business download our free quiz.

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