[Term of the Day]: Security Operations Center
Term of the Day
“Security Operations Center”
Definition — What is SOC?
A Security Operations Center often referred to as a SOC. It is a physical or a virtual facility within an organization that comprises a team of IT professionals with expertise in information security. The team analyzes and monitors the security systems of an organization.
SOC teams isolate abnormal activity on servers, databases, networks, endpoints, applications, etc., identify security threats, investigate them, and ensures security issues are addressed quickly upon discovery.
Forming a SOC team has become more important for large organizations as security breaches are on the rise and the cost associated with data loss is often high. All the organizations have started to adopt a remote-working strategy to cope with the pandemic situations, having cybersecurity solutions for remote working conditions is becoming mandatory. In the current situation, The global average cost of a data breach is $3.9 million across IT organizations in the world.
SMB's, with budget constraints and competing priorities, may not be in a position to afford in house SOC team. The smart solution to this problem is partnering with 3rd party organizations who can provide SOC solutions.
The bottom line is, every organization strives to secure its infrastructure against modern threats and data breach. SOC services provide deep insights into an organization's security posture and recommend fixes and changes to ensure healthy IT infrastructure. It can be a very expensive affair to lose your data in case of a cyber-attack, but if you have SOC services in place, then it proactively detects incidents and ensures optimum safety.