Every organization, large or small, requires an effective and fully functional SOC team. Given the fact that cybersecurity threats are becoming increasingly sophisticated at leaving no traces, ensuring that your security operations center (SOC) is fully utilized is crucial. 72 percent of businesses believe that managed security services like SOC are the key to their cybersecurity strategy.
But just investing in cybersecurity and building a SOC team isn't enough. It's important to know how to make the best use of every resource to ensure your SOC is up and running. In this blog, we'll show you how SOAR can help you unlock the full potential of your SOC team and enhance your cybersecurity posture.
What is SOAR?
The SOC team's role is to identify, assess, and act on any alert that could jeopardize the organization's integrity. SOAR (Security Orchestration, Automation, and Response) enables businesses to gather vast amounts of data and alerts from a multitude of sources and develop automated systems for dealing with security incidents. It is obvious that a SOC team's effectiveness is directly related to its technology solutions and SOAR improves almost every aspect of your SOC team.
SOAR pushes the boundaries of what SOC teams can achieve in the following ways:
1. Skill Shortage
According to research, 40% of organizations are experiencing SOC staffing shortages. SOAR minimizes the need for security professionals to deal with tiresome and repetitive activities. Not just that, SOAR also boosts the SOC's threat hunting capability and substantially improves coordination among all SOC team members.
2. Fast Response Time
SOAR's machine learning engine can identify false positives and perform low-risk activities without the need for human intervention, resulting in a faster reaction time. With SOAR, your SOC teams can be effective at removing false positives and focusing on serious threats.
3. Automate Repetitive Tasks
Three out of every five managed security and SOC employees admitted to stress making them consider quitting jobs or even switching careers. SOAR automates monotonous and repetitive security procedures enabling security experts to focus on operations that need more in-depth knowledge.
Manage SOC of your company with the help of Sattrix and improving the cybersecurity posture of your global electronic manufacturing company.
Improve your company’s cybersecurity posture and Managed SOC with the help of Sattrix for global electronic manufacturing.
Cybersecurity is very crucial for businesses, especially nowadays when attacks are so common.
According to recent data, hackers attack a computer every 39 seconds in the United States, and globally, 30,000 websites are hacked daily.
These stats are enough to show that cybercrime activities are at their peak.
Network Segmentation includes dividing your organization into different compartments.
You're trying to grow your business but you don't know what strategies to use to achieve this?
We can help you produce more results from your marketing budget by partnering with the best IT vendors.
LeftLeads is the top IT marketing company in Melbourne.
To prevent such costs and distractions, these companies hire managed security service provider (MSSP) which reflects in the growth prospects emerging in the managed security services market, and the market size was evaluated at $23.68 billion in 2018.
As per the IndustryARC analysts, the opportunities in the sector are projected to increase at a remarkable compound annual growth rate (CAGR) of 15.28% through the forecast period of 2019 to 2025, according to the market analysis that is compiled in a recent business intelligence report published by IndustryARC.The report is titled “Managed Security Services Market: By Components; By Technology; By Applications; By Functional area; By Trends & by Geography – Forecast (2019-2025).” The report incorporates an in-depth assessment of market, competitive landscape, financial analysis, trends, and geographical distributions.
This report covers managed security services market Size by components and technology, managed security services market share by top 5 companies and also the market share by start-ups during the forecast period.View Full Table of Contents of Managed Security Services Market:https://www.industryarc.com/Report/16318/managed-security-services-market.htmlReport Price (Single User): US $3850Global Managed Security Services Market: Leading SegmentsBy application, the banking, financial services, and insurance (BFSI) industry are growing as the most rewarding application of the managed security services market.
With increasing cyber threats in the banking sector, the on par innovative advancement in the technology is energetically resourcing the preventive action in the form of managed security services.North America grabbed the largest managed security services market share in 2018.
The region was responsible to grab 34.56% of the total market share.
This hefty share can be supported by the fact that North America homes a large number of companies offering managed security services (MSS).
This ever-growing complexity of threat landscape is compelling leading organizations to outsource the massive task of efficiently ensuring their enterprise security to Managed Security Services Providers (MSSPs).From 24x7 coverage, access to skilled professionals and advanced tools and intelligence to reduced cost on account of decreased in-house security operations, MSSP model brings in many game changing advantages for organizations.
On similar lines, Allied Market Research forecasts global MSS market to reach USD 40.97 billion by 2022.With cyber threats rapidly evolving in nature, MSS space is also witnessing inclusion of advanced technologies and techniques to stay ahead of potential attacks.
Automation will be majorly used for identifying and responding to the volume of attacks even as it helps in filtering out false positives to support security analysts.
This will help analysts to focus just on relevant data and alerts instead of deluge of threat and security data from tools, such as SIEM.
A key reason why organizations will prefer providers using security orchestration and automation is it will improve customer experience in terms of visibility by providing and improving metrics, such as mean time to detect, response time and number of incidents resolved, etc.Gaining additional visibility and using behaviour-based detection: With data assets spending a lot of time in transit, attack surface widening, and threats getting more sophisticated, more and more organizations are realizing the need to improve the visibility into their environments.
In 2020, expect more thrust on proactive security techniques, such as analytics and behaviour-based detection to predict, detect and prevent breaches, fraud and insider threats before any damage.
The Global Managed Services Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on type and end-user.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Leading Segment in this market:By Type – Managed Data CenterBy End-User – Large EnterpriseBy Geography – North AmericaFinal Report will cover the impact of COVID-19 on this industry.Browse the complete Global Managed Services Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/11198-managed-services-market-reportThe report also covers the complete competitive landscape of the global Managed Services market with company profiles of key players such as:Accenture PLCAT, Inc.Cisco Systems, Inc.Computer Science Corp.EricssonFujitsu Ltd.Hewlett-Packard EnterpriseHuawei Technologies Co. LtdIBM CorporationNokia NetworksTata Consultancy Services (TCS)Wipro LimitedA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Type:Managed Data CenterManaged HostingManaged ColocationManaged StorageManaged NetworkingManaged Network Monitoring And MaintenanceManaged Multiprotocol Label Switching (Mpls) And Virtual Private Networks (Vpns)Managed Ethernet AccessManaged Wlan/WwanManaged Router And SwitchManaged MobilityManaged Device And System ManagementManaged Application And Collaboration ManagementContent ManagementSupport And MaintenanceManaged InfrastructureManaged Print ServicesManaged DesktopManaged Backup And RecoveryManaged InventoryManaged CommunicationsManaged Unified CommunicationsManaged Email CommunicationsManaged VoIP CommunicationsManaged InformationManaged Business ProcessManaged Operations Support System/Business Support System (Oss/Bss)Managed DatabaseManaged SecurityThreat ManagementVulnerability ManagementCompliance ManagementIncident ManagementBy End-User:Small and Medium Businesses (SMBs)Large EnterprisesBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Managed Services Market @ https://www.decisiondatabases.com/contact/download-sample-11198The Global Managed Services Market has been exhibited in detail in the following chapters –Chapter 1 Managed Services Market PrefaceChapter 2 Executive SummaryChapter 3 Managed Services Industry AnalysisChapter 4 Managed Services Market Value Chain AnalysisChapter 5 Managed Services Market Analysis By TypeChapter 6 Managed Services Market Analysis By End-UserChapter 7 Managed Services Market Analysis By GeographyChapter 8 Competitive Landscape Of Managed Services CompaniesChapter 9 Company Profiles Of Managed Services IndustryPurchase the complete Global Managed Services Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-11198Other Reports by DecisionDatabases.com:Global Managed Pressure Drilling (MPD) Services Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global NDT Services Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global IoT Telecom Services Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
