A Security Operation Center (SOC) can be either a team who works 24/7 in shifts or a facility dedicated and well-organized to detect, prevent, assess, and respond to cyber-threats and incidents and helps to achieve compliance requirements. According to the Future SOC: SANS 2017 Security Operation Center Survey, “A SOC is a team that is primarily composed of security analysts organized to analyze, detect, respond, report, and prevents the cybersecurity incidents.” The survey also adds that “86% SOCs provide detection capabilities through network Intrusion Detection System (IDS) and Intrusion Prevention System (IPS), whereas 84% provide SIEM analytics and reporting and 85% provide log management.” Most of the SOC teams usually don’t have a sufficient staff, time, and resources to operate effectively. That is the reason why it is essential to concentrate on consolidating the toolset and managing your team effectively.
The enterprises usually opt for the SOC to enhance their internal security capabilities, security monitoring capability, and incident response capability. Moreover, organizations making use of their various engagements with some other clients or third parties must have the ability to build a strong repeatable and knowledge base procedure for determining security incidents. Plus, such organizations should also have the capability to invest in developing an effective threat intelligence for detecting real-time sophisticated and aimed attacks. Since a reliable SOC can provide these services, the enterprises seek for the SOCs to thwart security incidents and ensure compliance requirement.
Developing an internal "in-house SOC" is suggested for big organizations that are actually mature from an IT security and IT viewpoint. Organizations who have a tendency to develop "internal SOCs" possess the budget for supporting an investment which features 24×7 tends and effort to handle a great deal of the moving parts around and in their security infrastructure. Needless to say, one of the essential benefits that developing an "internal SOC" offers is having the best visibility over the network.
Picking a "virtual SOC" is suggested for most of the organizations that seek support from an "outside firm" for performing highly-skilled detection and monitoring capabilities. A few organizations may perhaps be fully developed in its nature from IT security and IT point of view, however limited expertise and budget constraints may impede the capability to build a completely internal and 24x7 functional SOC. On the other hand, a few enterprises may possibly belong to the quite immature levels of safeguarding the organization as well as need experience to step up quickly to manage detection and monitoring efforts.
A Hybrid SOC model comprises both "in-house SOC" staff accompanied with third-party experts for providing the safest strategy for detecting and monitoring the security incidents. Various organizations in this level tend to be large sufficient to develop a small workforce of their own, on the other hand, lack the ability to develop a completely functional 24x7 internal SOC due to budget constraints, insufficient resources, and expertise.
Generally, developing a SOC or making some sort of "internal security operations" capabilities is a time-consuming and costly effort which requires continuous attention. Therefore, numerous organizations are reluctant to host a SOC team for security operations. As an alternative, they prefer different security monitoring choices, for example; engaging an MSSP (managed security service provider). Technology leaders and CISOs thinking about building their private SOC ought to be quite cognizant of staffing implications and cost needed in this strategy. There is a lot of choices available for building & staffing an "in-house SOC", and the companies must explore them in addition to the different forms of "SOC models.”
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As a result, it has been realized that the Security Operation Centers (SOCs) are indispensable for enterprises. However, SOCs must be economical and highly effective—means detecting the sheer scale of security threats efficiently and effectively. Since SOC often involves a bulk currency and 24/7 vigilant team, many organizations look for an alternative, which often includes the assistance of Managed Security Service Providers (MSSPs).