Do I Really Need A SOC? Or Is Basic Cybersecurity Enough?

According to the FBI, cybercrime cases increased by 300%, with global losses amounting to over $1 trillion in the past year alone. Besides, hybrid work and remote working seem to have accelerated events of cyber attacks, especially with the occurrence of the pandemic. Although business awareness and resilience are crucial to helping secure sensitive data and prevent breaches, cyber attacks are becoming more sophisticated and intense.

Cybersecurity remains a popular choice for businesses looking to secure their IT infrastructure against attacks. However, SOC seems to be a better choice for most businesses across different industries in the U.S. and around the globe. But which IT security approach should you integrate and protect your infrastructure from hackers: SOC or cybersecurity? Read on to find out.

What Is A SOC?

A Security Operations Center (SOC) involves an information security team that provides timely monitoring and analysis of an organization’s IT infrastructure. Primarily, SOC focuses on vulnerabilities, security incidents, and potential threats likely to cause havoc in an enterprise. The primary purpose is to identify, analyze and take action on security incidents using advanced safety tools and IT expertise in the area.

Generally, a SOC team includes security analysts, managers, and engineers who manage security issues in an organization in real-time. Besides, the team monitors and scrutinizes databases, websites, networks, applications, and servers, among other systems. The team takes full responsibility to ensure potential security incidents are detected, analyzed, protected, investigated, reported, and addressed correctly and on time.

Business Benefits of A SOC

The preeminent benefit of integrating a security operations center in your business is that it boosts security incident monitoring and detection progressively and in real-time. This ensures your organization’s IT infrastructure has timely cyber threat detection and response capabilities, keeping systems secure against attacks like malware and social engineering.

Besides, a SOC team offers 24/7 monitoring security solutions to ensure organizations defend their systems regardless of attack type, source, or time of the attack. Other benefits of a service operations center are:

  • Maximum protection of critical systems and data: Hackers with malicious software constantly target organizations with sensitive data. A security operations center monitors potential security incidents and manages online services, especially in businesses offering cloud-based and online services to the public.
  • Exclusive security plan: Since deploying cybersecurity features in your organization requires multiple protocols, SOC is offered as a single security plan that simultaneously meets all your protection needs.
  • Manageable: SOC offers a single security plan that facilitates a single visibility point, handling your IT security needs as a single component.

Limitations of Using SOC

A service operations center offers more benefits to organizations looking to secure their systems and prevent data breaches. However, building a reliable SOC team requires significant resources and time, besides being costly. This can strain a company, mainly startups and small businesses, which are yet to achieve their goals. Failure to outsource a service operations center can also become intricate for a business to create a productive in-house SOC team. Other limitations include privacy concerns as a third party may freely interact with company data and a lack of adequate IT expertise when managing SOC internally.

What Is Cybersecurity?

In a nutshell, cybersecurity involves the practice of securing programs, systems, servers, applications, and networks from digital attacks. Commonly referred to as cyberattacks, digital attacks are designed for accessing, manipulating, destroying, and deleting sensitive data. For instance, ransomware is a common form of cyber attack where hackers target a victim’s data, encrypt it, and ask for ransom. Effective cybersecurity measures help prevent these attacks by focusing on particular elements without your infrastructure.

Unlike a SOC, cybersecurity uses a multilayer approach that spreads its protection capabilities across the entire system. Besides, an organization must bring every employee, technology, and operation together to create a compelling and successful cybersecurity approach. And with increased cases of cyber threats, organizations have to manage and update their cybersecurity measures to prevent attacks constantly.

Business Benefits of Cybersecurity

  • Protection against malware, spyware, and malicious programs: Firewalls and antivirus programs are cybersecurity measures that help protect systems against malware and spyware infections, including the installation of malicious programs.
  • Prevents data theft: Cybersecurity helps protect unauthorized personnel from accessing critical organizational data. This promotes the safety of systems and prevents hackers from retrieving sensitive company data stored on-premises or on the cloud.
  • Promotes privacy: Cybersecurity is a critical element in an IT infrastructure that handles confidential information. Safeguarding this information helps secure the end-user’s private data and confidentiality, ensuring privacy.
  • Protection systems against hacks: Hackers capitalize on vulnerabilities within systems to access sensitive information or install malware. Cybersecurity features such as the use of strong and lengthy passwords promote system security and prevent hacks.

Limitations of Using Cybersecurity

Cybersecurity remains a popular option against cyber threats, but it has its share of drawbacks. For instance, setting up and configuring firewalls is tricky for most people, including an organization’s IT department. Besides, implementing cybersecurity can be costly for an average user and usually makes systems slower than usual. Cybersecurity features also require consistent updates, failure of which creates a vulnerability in the system.

Cybersecurity And SOC: Which Is the Right for You?

Cybersecurity and SOC serve the same purpose of protecting systems against data breaches and external attacks. However, the approach used to achieve this goal is different because SOC incorporates constant systems monitoring while cybersecurity deals with multilevel security protocols. Furthermore, SOC and cybersecurity benefit businesses and individuals differently and also include limitations.

Regarding which form of security to incorporate into your business, it depends on your IT infrastructure needs. Based on the benefits and limitations of cybersecurity and SOC, you can choose the best security approach ideal for your business. This guide provides insights into cybersecurity and SOC, enabling you to choose the right option wisely.

At Teamspring, we understand the value of keeping your systems, programs, servers, networks, and other computing systems secure against cyberattacks. If you need help integrating a proper security strategy for your IT infrastructure, we have professional and technical IT experts to help you. Contact us to learn more or get a free immediate IT service quote from us today!