Cybersecurity operations focus on securing the company’s network, website, data, database and communication channels. But a security operation service should also protect the company’s business process. Having an in-house security operation service gives the company control above security incident monitoring. With an internal SOC, the company can change the security operations to meet the need of the different departments and teams. These benefits come at a cost, and a rising number of companies tend to outsource their security operations to the managed security service providers that run security service operations service on the cloud.
Outsourcing security operation service is a critical business decision
There are two ways for companies to create and supervise their cybersecurity operations: in-house and outsourcing to a third party. Choosing between outsourcing security operations service and in-house service is a critical decision. Over half of the companies rely on outsourcing security operation service. These companies take suggestions from security operation service providers on how to create and supervise their cybersecurity defenses such as they are mostly dependent on the managed cybersecurity operations. On other hand, 49% of companies outsource IT security services related to threat detection and monitoring, incident response and threat intelligence. The increasing complications of cyber threat are increasing the trend towards outsourcing one or more company’s security operations over a decade.
Pros of Security Operation Service
- Access to cybersecurity skills: Selecting an external security operation service can solve problems by taking benefit of the withdrawing process which allows a company to choose a service provider providing a competitive price range and getting access to skilled cybersecurity professionals.
- Ease of Implementation and Scalability: Choosing an in-house security operation service can be expensive and difficult to implement as modernized security operations must handle complex IT infrastructure and sophisticated cyber threats. A security operation center should protect the immediate company’s edges also remote locations and mobile devices fastening to the network which is quite demanding when the increasing number of employees are working from home. Scalability is another issue with the in-house security operation center as the company needs to invest heavily in updating the hardware and software tools required to hold up the acceptance level of cybersecurity. This is why you get a high return on investment when your company connects with external security operation services.
Cons of outsourcing security operation service
- Minimum Knowledge of business: External security operation service usually maintains multiple organization-grade clients which makes it hard for the MSSP to allocate dedicated experts to every organization. Client companies share available SOC resources, for example, cybersecurity experts, threat database, and threat response. A risk is that the service provider would miss the gaps in your cybersecurity system.
- Threat Data and Analysis are kept externally: Most of the data assembled from observing the client’s business system and network are saved at the external security operation services and outside the company’s edges. Such practices having the risk of both data leak and data loss if the security service operation owns cyber defense are adjusted or if you leave the service provider.
Single Point of Contact offers advanced threat detection, incident response and compliance management 24X7. Our security and network business tools enable us to combine the talents of our security operations team with the network operation center, emerging in the delivery solution and meeting the client’s need. Contact us today.
