A centralized body in an organization, the Security Operations Center, or simply SOC is responsible for a company’s human resources, processes, and technical inputs to keep track of and draft plans for improving security. Working around the clock, the SOC aims to track, detect, investigate, and counter cyber threats that may compromise the integrity of the company.
However, the pandemic gave birth to numerous challenges regarding cybersecurity operations. Advanced persistent threats, malware, and other malicious attacks forced a sudden transformation to the global business landscape. To fight these hitches, SOCs use sophisticated security technology and threat intelligence.
Although organizations are investing their energies in protecting their employees and serving their customers in the best way possible, the paradigm shift is continually putting pressure on cybersecurity operations. Therefore, CISOs (Chief Information Security Officers) must take informed, strategic steps to fight through this time of crisis while also learning to adapt to the new normal.
According to a Gartner research, 52% of legal and compliance leaders are concerned about third-party cyber risks due to remote work since COVID-19. Cyber resilience requires combined efforts and strategic leadership with an integrated and aligned multi-disciplinary approach to lead as a cohesive business that is digitally enabled as well.
With a sudden transformation from on-site to remote work, working from home has increased the risk of cyberattacks substantially due to the dependence on residential networks and personal devices with 47% of employees citing distraction as the underlying cause for a phishing scam.
Designed to detect and discern irregular behaviors, SOCs now fail to work with clarity as there are large amounts of irregular data, making the detection of anomalous behavior tricky.
Organizational functions and assets are substantially more exposed now that give opportunistic cyber attackers a chance to exploit data and sow the seeds for future attacks.
Multiple industries have experienced a hit by ransomware attacks and disruption in the flow of services provided. In April 2020, ransomware groups targeted aid organizations, medical groups, educational software and many more, as reported by Microsoft.
Ever since the advent of 2020, businesses have increasingly been working to incorporate cyber resilience into their business models to tackle the ever-increasing operational cyber risks.
Let’s take a look at a few principles that security operations centers can adhere to in the new normal:
A study revealed that ever since coronavirus lead to heavy e-mail communication, 21% of e-mails were found to contain malicious attachments with a tenfold increase in phishing levels. It is, therefore, crucial that businesses remain vigilant and train their employees to deal with such circumstances.
In addition to that, remote work continues post-pandemic, and thus preparing to offer secure, cloud empowered tech is vital along with AI-integrated systems. Google trends show 42% increase in searches related to removing a virus, making upgrading an essential.
Organizations around the world have been faced with unprecedented challenges as a result of COVID-19. Alarmingly, 58% of confirmed data breaches were reported to be in the healthcare industry along with IBM reporting that remote work has increased the cost of a data breach by $137,000. Although the worst is over, the coming months are likely to be uncertain. By employing effective risk management approaches and cyber-resilience practices to their business models, smarter and faster business growth can be the fate of your business.
Systems Security Operations Center (SOC) experts cover your information security needs while committing to the highest quality standards and ensuring transparency. With the synergy of leading technology, skilled professionals and proven processes, Systems SOC provides you a multi-layered protection for added resilience.
Our managed security operations center (SOC) services provide 24x7x365 proactive security monitoring, threat intelligence, vulnerability management, forensic analysis, and incident response.
Get in touch with our experts to explore a cost-effective way to gain all the benefits of an SOC and make better decisions by employing intelligence-driven analytics, all without the associated overhead.