Thursday, June 8, 2023

The 2021 CyberRes Report on Security Operation Centers

The pandemic period has disturbed security operation centers. Over 85 percent of them have raised their spending during this period. Survey shows Security operations centers work smartly.

About 40 percent of people are willing to use security solutions. Database of IT decision-makers were among those who participated. Over 520 people took part in the study. It took place in May.

Nearly 40% of respondents intend to invest in security solutions. In addition, they need to do it in the next 12 months. Potential investors were interested in unified data lakes, attack surface management, and red teaming, among other security solutions. Cloud computing has been one of the popular choices among respondents. Over 99 percent claiming to have used it for their IT security operations.

The poll also discovered that there is a shortage of qualified professionals.  These are the area that needs more professionals;  areas of attack, detention, and analysis. Apart from security technology, 97 percent of respondents were looking for employees with the requisite expertise.

Expert’s Insight on Security Operation Centers.

Following the advent of Covid-19, there has been widespread adoption of a “work-from-home” strategy. It has had a tremendous impact on different businesses around the world. Despite its adaptability, information technology is one of the areas hit by the pandemic. Most centralized duties, such as SOC operations, must be decentralized. This shift is required. There are reasons to support this; first, the business continuity technology that firms were using put Security Operation Centers under pressure. Secondly, it posed a security risk if applied haphazardly.

2020s CISCO Report On Security Operation Centers

According to a poll done by CISCO in 2020, SOCs have always been successful. It has happened when they have integrated into the tech stack and updated it regularly. Both SIEM (Security Information and Event Management) and log management are the cornerstones of security technology.  Numbers don’t lie.  Acknowledgment by people shows over 71% and 69 percent of respondents from both SIEM and log management.

The cyber security risks are associated with remote working. However, endpoint threat detection and response measures fail to get noticed. It is evident through the 52 percent who use attack surface management to address endpoint security. Extended detection response has recently become more mainstream. They continue enticing one-third of respondents to purchase the solutions instead of EDR and SIEM.

Security Operation Centers Investments over the Next 12 Months.

The digital transformation of Security Operation Centers is accelerating at an alarming rate. Human resources, on the other hand, continue to be a challenge. It is due to a scarcity of competent workers in the employment market. Without the necessary skills, enterprise firms are unable to implement new technology.

The cyber security team, its management, and capabilities, on the other hand, are entirely dependent on the CISOs’ decisions. In addition, webcast conferences work well for cyber security talents. They are open to coding, firewall management, and risk analysis. As a result, the hiring process is the most significant flaw in cyber security.

There are many benefits for experts in security operations centers. SOCs face threats from a lack of capabilities, which could result in successful data breaches. To avoid difficulties due to a human resource deficit, SOCs might outsource to Managed Security Service Providers to cover the gaps.

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