The classic build versus buy security dilemma is one we’ve focused on heavily in the past few months, and for good reason. The out-of-the-box methodology has by and large failed, and organizations that take cybersecurity seriously have begun focusing more on threat detection and response strategies.
The problem is that most small and medium-sized businesses lack the resources to build and manage a security operation center (SOC), let alone a SIEM. As a result, many of these organizations have turned their attention to managed security service providers, and will continue to do so in 2017, according to ITProPortal contributor Jonathan Whitley. While this is a more economical strategy, it isn’t necessarily the right strategy.
Small businesses, especially those in compliant industries, must have a thorough understanding of a threat’s lifecycle so they can more effectively manage IT risk in their organization and more aptly respond to intrusions. However, that’s not to say that SMBs should gravitate back toward the “build” approach to cybersecurity. Buying is still the best option – it’s really just a matter of knowing what to buy and who to buy it from.
Start by outsourcing your SOC
“The SOC is the helm of a cybersecurity operation.”
The simple fact of the matter is that small businesses need a SOC even though they can’t afford to build one. Thus, before looking into MSSPs that provide niche services (i.e., encryption, multi-factor authentication, identity access management, etc.), small business leaders need to invest in SOC-as-a-Service.
The SOC is the helm of a cybersecurity operation. It relies on log data analysis from the myriad data sources within an organization to identify cyberthreats in real time. This up-to-the-second analysis of log data is essential to maintaining a strong security posture in today’s cyberthreat landscape. The set-it-and-forget-it solutions of old are well past the point of obsolescence. Modern business networks need constant monitoring in order to protect their assets. They need a SOC.
Then invest in cybersecurity you actually need
Real-time threat detection is a good place to start. That said, small businesses shouldn’t settle for a managed SOC that can’t do one or more of the following:
- Filter out the vast majority of false alarms.
- Supply threat intelligence reports.
- Guarantee threat lifecycle visibility.
All of these are essential components of a bona fide SOC. And while you may not have the money to orchestrate these functions in-house, there’s no excuse for outsourcing to an MSSP that can’t handle all of the above – at least not anymore. A new market known as managed detection and response (MDR) has emerged. In addition to supplying the SOC, MDR services providers help clients have a 360-degree of their security environment. This makes it easier to preempt the unique sources of risk facing their organization and create an incident response plan that works for them.
From here, it becomes easy to identify what additional services and solutions are needed to protect digital assets. The result is smarter security investments, and stronger cybersecurity.
To learn more about the benefits of SOC-as-a-Service, click on the banner below.