Cyberattacks are growing tremendously in frequency, volume, and complexity. Attacks are even more sophisticated than before. The victims are not only individuals but also states, government agencies, banks, telecommunication companies, healthcare, high tech companies, and even military organizations. In February 2019, European aerospace company Airbus reported that Chinese hackers targeted their IT systems and stole personal information of Airbus European employees. Another attack also occurred in the same month whereby the computer systems of the Australian Federal Parliament was attacked by the state-sponsored hackers.
Why do malicious parties remain successful in carrying out cyber-attacks? Almost every organization has cybersecurity solutions, especially traditional ones such as antivirus, firewall, Email/URL filtering, and intrusion detection. Are they truly effective against data breach exposures? In most circumstances, they are not, because there is no single pane of glass in security operations. Operations are carried out with too many tools from different vendors, which end up with fragmentation, continuity problems, and operational difficulties.
What organizations should do to prevent cyber-attacks in 2019 and beyond?
To answer this question, it is imperative to mention the Security Operation Center (SOC) that has become a vital component of most of organizations nowadays. The SOCs help organizations to meet compliance requirements and improve threat detection capabilities through a dedicated and self-motivated team of analysts who operate 24/7. In a nutshell, SOCs would assist in monitoring, detecting, assessing, responding, mediating, and reporting on cyber threats more effectively than the traditional IT security mechanisms. Before moving forward, we need to know what, in fact, a SOC is.
What is a Security Operation Center (SOC)?
According to Gartner, Security Operation Centers (SOCs) are tightly secured areas where a team of security analysts operates 24/7 in shifts around the clock in order to prevent, detect, analyze, and respond to IT threats and incidents, and to meet compliance requirements.
Carson Zimmerman defines the SOC in his book – namely, Ten Strategies of a World-Class Cybersecurity Operation Center, “a team of dedicated analysts organized to detect, assess, respond, report, and prevent cybersecurity incidents.”
Current Situation of SOCs
The current situation of SOCs is unsatisfied due to the number of challenges they face. An overwhelming number of security alerts have become bottlenecks and consume analysts’ most of the time sorting through these alerts. In addition, a SOC involves various different tools related but not limited to asset management, vulnerability scanner, behavior analysis, intrusion detection and prevention, and Security Information and Event Management (SIEM). In addition, most businesses cannot afford to run 24/7 SOC due to budget constraints. They either borrow analysts from other roles or outsource SOC from a third-party. These issues prevent organizations from efficiently and effectively responding to cyber incidents. In addition, there is also a scarcity of educated and talented staff. Though analysts work in shifts within a SOC, nevertheless, this practice is exhausting and tiresome.
Why SOCs are Necessary for Organizations?
Ensuring IT security of any business is a prerequisite to run it successfully. Unfortunately, cyber attacks are growing by leaps and bounds and even faster than the improvements organizations are making. As aforementioned, traditional security mechanisms fall short to prevent today’s sophisticated attacks. A successful data breach can trigger huge penalties, like operational losses, money loss, and reputational damage. To prevent the occurrence of cybersecurity incidents, organizations have to opt for SOCs that ensure their infrastructure by
offering the following services:
· Prevent incidents through threat analysis, architecture advisory services, and security policy, deploying countermeasure strategies, and network and host scanning
· Monitoring, detecting, and analysis of intrusions
· A viable incident response plan
· Security administration
· Compliance requirements
· Digital forensics
· Legal evidence collection and E-discovery
How SOAR Tools Can Help Organizations Design their Next-Gen SOCs?
Is your SOC overwhelmed by the daily workload of tiresome security chores? Do your SOC teams encounter a plethora of pesky alerts? Are you worried about speed, accuracy, and limited resources? Hiring more security analysts is not a solution. Frost & Sullivan report discovered a scarcity of 1.8 million security experts by 2022. The answer to these questions seems out of the question, but thanks to the advancement in SOAR technology, it’s possible.
SOAR tools can help to build a next-generation SOC that can provide a robust security posture to your organization by avoiding alert fatigue, repetitive tasks, and other mundane security chores.
SOAR can empower your modern SOC or your CSIRT (Cyber Security Incident Response Team) by automation and orchestration of both people and technology. It further provides a comprehensive incident management platform that includes dashboards and reports.
To learn more about how ATAR can help you design and operate your SOC better, request a free DEMO now!