The Rising Threat Landscape: How SOC Services Can Secure Your Business?

However, your IT department is the glue that keeps your company running.

If your computers aren’t working or your systems are slow and ineffective, you will experience a loss of productivity in every department in your company.Although IT is essential, many small businesses don’t have the revenue to properly staff their IT department.

Fortunately, you can outsource this part of your business to a managed service provider.

By outsourcing, you can have the benefits of a fully staffed department at an affordable rate.If you are considering outsourcing but aren’t quite sure what a managed service provider does, this guide is for you.Manages Your ITThe main function of a managed service provider is the day-to-day management of your company’s IT.

By hiring a local company, you can ensure your systems are up-to-date and working as effectively as possible.

This removes the stress of hiring qualified staff and paying for expensive updates.Provides SecurityAn IT managed service provider makes sure your systems are secure from malware and other online attacks.

Well we guess you don’t want to secure your system and your customers’ sensitive data!Symantec’s recent Security Threat Report noted over 430 million new and unique examples of malware which is 36% increase from the year before.

According to this study, the top 2 reasons behind growing cyber attacks is lack of talent and funding.There are going to be more than 24 billion IoT users till 2020.

Forrester predicts investment in artificial intelligence will grow 300% in 2017.

Increasing technology innovation, increase the risk of these getting hacked too!By 2020, intelligence-driven SOC services will rise from less than 10% to 40%.

We are going to discuss the methodologies used by these SOC services that ensure safety of data.Security Monitoring: Security monitoring mainly includes Host monitoring and Network monitoring.

In Host monitoring, each host is checked to ensure it is running smoothly.

Global SOC as a Service Market was valued at US$ 400.79 Mn in 2019 and is expected to reach US$ 1878.7 Mn by 2027, at a CAGR of 24.7% during a forecast period.The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.

Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.

The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.SOC as a service (security operations center as a service) provider comprises a dedicated team of information security experts that are responsible for exploring and monitoring the organization security posture 24/7.

In addition, demand for a network strategy implementing protective measures as well adds to the market growth of SOC Industry.

The major forces driving the Asia Pacific market growth are rising technology adoption, huge opportunities across government and public sector, and rise in the number of startups in the Asia Pacific economies, especially India.

In recent years, the Asia Pacific region has witnessed tremendous economic growth, political transformations, and social changes.Key development in SOC as a service market, In January 2018, SecureWorks Inc. a cyber-security company formed an alliance with Carahsoft, an IT solution supplier to deliver and protect critical data with the help of managed cyber security solutions focusing on the public sector.

The global SOC-as-a-Service Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.

Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the soc-as-a-service market include Capgemini, Cisco Systems Inc., Secureworks Inc., Raytheon, Netmagic Solutions, Dark Matters Inc., Digital Guardian, Fortinet, Alertlogic, Rapid7 and others.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global SOC-as-a-Service Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/soc-as-a-service-market/download-sampleMarket DynamicsThe market is mainly driven by the rising adoption of cloud-based solutions across SMEs across the globe.

In addition, the increasing demand for network security, cryptanalysis, and malware reverse engineering to inspect network incidence are some of the prominent factors driving the growth of the market.

However, lack of knowledge of many security operations is the primary factor restraining the growth of the market.

The data retained in the organization about its workers, their job status, reports, etc.

are held by the IT department of the organization.

However, their time comes when the organization has to refer it to other managed service providers further.

It creates a sense of confusion among the organization to choose the best among all.

Some of which are as follows:Existing Relationships of the Managed Service Provider (MSP) With The OrganizationThe data is preferred to be handed over only to those clients who are trustworthy.

A sense of trust of an organization can be achieved only in a situation; if there exist some earlier relationships with the organization.

A quote that is accurate, timely, and simple to understand could just seal the deal for your company.

With the help of professional Salesforce Consultants, it is possible to completely speed up and smoothen the quote-to-cash process by pre-programming specific rules for bulk discounts, approvals, and customizations.Build a Smooth Sales Cycle For the whole sales cycle, the quote to cash process flow incorporates elements of sales, account management, order fulfilment, billing, and accounts receivables services.

It is a series of actions conducted by the sales team that begins with the original quote.

Because each of these phases in the quote to cash salesforce is customer-centric and interconnected, they should be combined into a unified technology-driven business process.

This means less potential for erroneous or double-entry.

Sales can make use of rules set by finance to ensure that they’re following the best methods, such as pre-approved templates and terms.