In today’s world of escalating security “commoditization” trends, many enterprises and organizations around the world are adopting SOC services as their security front-liners. However, as the frequency of breaches continues to rise, this has its downsides and challenges.
According to the 2019 State of Security Operations Update, due to data breaches and privacy issues, the position of security operations is increasing in relevance within many corporate organizations. Furthermore, according to the Ponemon Institute study, “Improving the Effectiveness of the Security Operations Center”, 67% of IT and IT security professionals regard their SOC to be crucial or extremely important to their cybersecurity strategy.
Organization and structure, as well as technology and resources, are key issues that modern security operations centers (SOCs) face. Enterprises that depend on third-party SOCs are accountable for identifying and responding to threats, allowing them to concentrate on enhancing internal security operations. In today’s business environment, the SOC team faces a few of the following challenges.
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Skills shortage
A SOC’s ability to promptly recognize, prioritize, and respond to threats relies heavily on human analysts. While many tools exist to assist organizations in collecting and analyzing immense amounts of security and event data, human professionals provide the contextual and situational awareness required to mitigate threats.
SOCs facing a skills shortage should try to hire employees with a variety of technical expertise, including app developers and database administrators. This hiring method can increase the pool of accessible employees while also providing fresh skills and expertise to the SOC.
Cost
Building a SOC takes a lot of time and money to put together. Managing it can be even more difficult, as the threat landscape is continuously changing, necessitating periodic updates and advancements, as well as ongoing training for cybersecurity personnel. Furthermore, few firms now have the internal talent required to fully comprehend the current threat situation. Many businesses partner with third-party security service providers (such as MSSPs) to assure consistent results without having to invest heavily in internal technology or personnel.
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Budgetary constraints
Despite the growing significance of SOCs, many appear to be having trouble securing the finances required to maintain a sufficient capability. According to industry experts, one of the main hurdles is a lack of funds.
Ironically, this can happen when one SOC is inefficient as well as when it is overly effective. No one recognizes when a SOC is really good at keeping things under control. When high-ranking IT managers are searching for ways to minimize expenses, for example, this might make it harder to demonstrate value.
The goal for SOCs is to make sure they are in sync with the rest of the company. SOC executives must demonstrate their worth by measuring and reporting on their accomplishments in protecting company assets from cyber-attacks.
Complexity
The complexity of protecting the enterprises and responding to attacks has increased due to the structure of the business, workplace flexibility, growing usage of cloud technology, and other factors. Firewalls, for example, are inadequate as a freestanding strategy to protect the company from digital rivals today. Adequate security necessitates a solution that integrates technology, people, and procedures, which can be difficult to design, construct, and maintain
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