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DigitalXRAID

Understanding Managed SOC Services

Unlock the power of a Managed SOC for robust cybersecurity. Discover its benefits for financial professionals. Stay secure with DigitalXRAID.

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Recent statistics from the UK government show that 32% of businesses experienced cyber-related breaches or attacks in the last 12 months. For medium-sized businesses, this statistic rises to 59% – and 69% of large businesses were affected by cybersecurity threats and breaches.

These significant statistics highlight the need for businesses to strengthen their cybersecurity defences. Given this context, it’s crucial to understand the importance of Managed SOC (Security Operations Centre) services.

So, what is Managed SOC?

Managed SOC services consist of a dedicated team of security analysts who constantly monitor and analyse your company’s networks, cloud environments, systems, and data logs. The SOC proactively detects and responds to cyber threats in real-time, around the clock.

Outsourcing managed security operations takes care of all your cybersecurity activities – such as security monitoring, vulnerability and malware detection, managed detection and response, threat monitoring, incident response, and security audits. It is a complete solution for your business’s digital security needs.

DigitalXRaid dicussing what is SOC as a service and why you need it
engineer looking at computer for SOC management

The Anatomy of Managed SOC Services

When you’re considering cybersecurity strategies for your business, you may wonder whether you should outsource SOC services. An in-house SOC requires significant investment in skilled personnel, infrastructure, and ongoing maintenance. 

In contrast, Managed SOC services provide a cost-effective and efficient alternative. You get the expertise of specialised professionals and access to advanced technologies – without the overheads of an in-house team. 

If your company has limited resources or wants to focus more on your core operations, Managed SOC services present a more practical and strategic approach to ensuring strong cybersecurity measures.

Expert-managed SOC services use sophisticated technologies to enhance cybersecurity. 

The Key: SIEM

Key among these are SIEM (Security Information and Event Management) systems. These systems both collate and analyse data across your business’s network. Using AI-driven analytics and predictive algorithms to proactively identify potential threats, this approach enables preemptive action against cyberattacks.

One of the core strengths of Managed SOC services is the rapid response capability. In the event of a security incident, swift action is taken to minimise potential damage and business downtime.

Managed SOC analysts conduct thorough and in-depth analyses of security threats. They decipher complex attack patterns and understand the nuances of cyber threats to provide comprehensive protection.

This deep understanding allows for a holistic protection approach to effectively counter specific threats. By conducting such in-depth analyses, Managed SOC services ensure a thorough and robust defence mechanism to protect your business against a wide array of cyber threats.

Choosing the Right Managed SOC Provider

Choosing the right managed security services is essential to address your company’s unique cybersecurity posture and challenges. 

A Managed SOC provider like DigitalXRAID promotes a collaborative approach to involve clients in the decision-making process. This ensures transparent communication and a deeper understanding of your business needs, which results in more effective cybersecurity strategies.

Establishing a long-term partnership with a Managed SOC provider is invaluable. Look for a provider that offers continuous support, industry accreditations, regular updates, and proactive threat intelligence.

DigitalXRAID’s fully managed Cybersecurity Maturity Assessment solution evaluates your organisation's operational resilience and cyber security procedures

 

To decide on the best option, consider these questions:

  • What are the potential risks to my business if it’s not adequately protected?
  • Is it necessary for my business to comply with basic cybersecurity regulations?
  • Are we looking for a comprehensive service that offers total protection?
  • Can we financially afford the impact of a cyber breach?
  • Do we require a provider who offers continuous support and guidance throughout the year?

By partnering with the right cybersecurity service provider, you can eliminate the cost, time, and reputational damage associated with a cyberattack.

Discuss your cyber security options

Get in touch today to speak to an expert and secure your business, or call us on 0800 090 3734

Realising the Future of Cybersecurity

The world of cybersecurity is ever-evolving, and it’s important to keep up with the latest tech advancements to stay protected against cybercrime. 

One such technology is Quantum Computing-Resistant Encryption. It was developed to counteract the threat posed by quantum computers, which can potentially crack conventional encryption methods. 

This form of encryption employs specialised algorithms designed to withstand the advanced computational capabilities of quantum computers – which ensures a higher level of security for sensitive data.

Decentralised Threat Intelligence Networks are used as a distributed approach to gather and share information about cyber threats. Unlike centralised databases, decentralised networks are spread across numerous locations, so they’re less vulnerable to attacks and system failures. 

This method allows for faster detection and response to new threats, as information is shared across a wide and diverse network, enhancing the overall security posture of your business.

7 reasons to use DigiatlXRAID’s offensive security services

Discuss your cyber security options

Get in touch today to speak to an expert and secure your business, or call us on 0800 090 3734

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With a continued focus on security, you can rest assured that breaches and exploits won't be holding you back.

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