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Managed SOC: Strengthening Your Cybersecurity Posture

We offer a Managed SOC service to help organisations stay one step ahead in the ever-changing cyberthreat landscape. Our service ensures proper detection, prevention, and response to threats by providing consistent monitoring and analysis of your security infrastructure. This is where a Security Operations Centre (SOC) plays a crucial role in safeguarding organisations.

We employ various procedures and applications to identify, inspect, manage, and investigate unusual activity and cyber protection issues. While the value of a SOC is widely recognised, not all businesses can establish one internally due to resource, expertise, or budget limitations. Fortunately, they can still enjoy its benefits through a Managed SOC, also known as SOC as a Service.

What is a Managed SOC?

A Managed SOC is a Security Operations Centre—a physical or virtual space staffed by personnel and equipped with resources dedicated to security. SOCs are responsible for monitoring, analysing, and responding to threats, suspicious activities, and other security incidents.

Before exploring what a Managed SOC does, let’s first understand the fundamentals of a SOC and its key responsibilities.

A Security Operations Centre (SOC), also called an Information Security Operations Centre (ISOC), is a team of IT security analysts working together to protect businesses from cyberattacks. Whether internal or outsourced, this team continuously monitors an organisation's IT infrastructure to detect malicious activity and respond promptly. By collecting data and event logs from IT components such as network devices and information systems, the SOC becomes the central hub for security. With the rise of cloud security and remote work, SOCs are no longer confined to physical locations but remain an essential security feature for organisations.

SOCs play a critical role in enhancing a company’s monitoring, detection, and response capabilities. They are instrumental in identifying, countering, and managing threats such as phishing campaigns, malware infiltration, data breaches, malicious insiders, supply chain sabotage, DoS/DDoS attacks, and cyber espionage.

Benefits of a Managed SOC

Continuous Monitoring: Around-the-clock vigilance to identify and address threats swiftly.

Expertise: Access to skilled security analysts and cutting-edge tools.

Cost-Efficiency: Avoid the high expenses of building and maintaining an in-house SOC.

Scalability: Tailored services to meet your specific cybersecurity needs.

Different Managed SOC Models

In-house SOC: Operated internally by dedicated staff. It offers full control but requires significant investment in resources and expertise.

Outsourced SOC: A cost-effective solution where a third-party provider manages all security operations.

Hybrid SOC: Combines in-house and outsourced elements, offering flexibility and enhanced control.

Pricing Models for Managed SOC Services

Per Device: Charges based on the number of monitored devices.
Subscription-Based: Fixed monthly fees for consistent coverage.
Tiered Pricing: Different service levels at varying price points.
Event-Based: Costs tied to the number of security incidents detected.

Pricing ranges from £750/month for basic packages to £50,000/month for comprehensive, 24/7 services.

What does a Managed SOC do?

A Security Operations Centre (SOC) focuses on managing cyber risks. Its primary tasks include identifying, investigating, and resolving threats or potential security incidents. SOC teams provide real-time monitoring of an organisation's network and infrastructure to ensure data security. They also conduct regular vulnerability assessments and patch management processes. In essence, the SOC is vital for protecting organisations from digital threats.

The main objective of the SOC is to safeguard a company’s cybersecurity while striving to enhance its overall security posture. The SOC team oversees daily operations related to network and infrastructure security. Beyond detecting, analysing, and responding to threats, SOC members often contribute to shaping security strategies and architectures. Key responsibilities include:

Managing and monitoring security tools, patches, and updates to keep systems secure.
Monitoring logs and identifying suspicious activities across the IT infrastructure to uncover potential security breaches.
Gathering cyber threat intelligence and implementing protective measures to counter existing and emerging threats.
Investigating and managing cyber incidents, including recovering lost or stolen data.
Addressing vulnerabilities and improving security monitoring and alerting processes.
Managing risks and ensuring compliance with regulatory requirements.

Types of Managed SOC Services

Internal or In-house SOC: Operated by an organisation's internal team, providing dedicated monitoring and rapid response to threats. While effective, this model requires significant investment in resources and expertise.
Outsourced SOC: A cost-efficient option where a third-party provider handles security monitoring and incident response. This model eliminates the need for in-house infrastructure but may reduce visibility and control.
Hybrid SOC: A combination of in-house and outsourced SOC models, offering flexibility and a blend of internal control with external expertise. This approach is ideal for organisations seeking cost-efficiency and scalability.

Drawbacks of Different SOC Models

While outsourced SOCs provide a cost-effective solution, they may limit visibility and control over sensitive business data. Additionally, domain-specific expertise can sometimes be lacking. For hybrid SOCs, the collaborative approach between internal and external teams offers security benefits but introduces challenges such as added hardware requirements, third-party data handling, and long-term maintenance costs.

Selecting the right SOC model depends on an organisation’s budget and security requirements. Whether insourced, outsourced, or hybrid, the choice must align with the organisation’s unique needs.

Constant Monitoring with Managed SOC

A Managed SOC acts as an ultimate security team, constantly monitoring systems, networks, and data to detect and mitigate threats efficiently. This service analyses alerts and provides immediate remediation to eliminate risks.

Managed SOC providers offer various security services, including threat intelligence, vulnerability scanning, intrusion detection and prevention, security information and event management (SIEM), and analytics. By outsourcing these tasks, organisations save time and resources while ensuring robust protection for their digital assets.

SOC Managed Service

A managed Security Operations Centre (SOC) is a service designed to protect and monitor an organisation's data and information systems 24/7. The process begins with an evaluation of the existing security infrastructure to identify weak points and potential dangers.

Once the assessment is complete, the provider installs tools tailored to the customer's specific requirements and operations. To detect hazards, the SOC team combines automated tools with continuous human analysis, ensuring round-the-clock vigilance.

When a potential problem is identified, the team investigates to determine if it is genuine or a false alarm. If the threat is real, they act to minimise the impact of an attack or breach and take measures to prevent it from happening again.

The managed SOC provider also delivers detailed reports to clients. These reports include insights into identified threats, response times, and the organisation's overall security posture.

For companies lacking the resources or expertise to manage their own SOC, a managed SOC offers a comprehensive solution. This allows organisations to focus on their core business while leaving surveillance and threat resolution to experts.

There are many benefits of utilising a managed Security Operations Center (SOC). A managed SOC provides access to the most current cyber security tools and expertise to prevent breaches, protect data, and mitigate threats. Not only does it help protect businesses from digital attacks, but also offers insights into potential vulnerabilities that can lead to improved overall security.

By managing multiple clients, the most successful SOC providers benefit from the cost savings associated with economies of scale. Also, if a potential danger is identified in one network, their analysts will be able to quickly apply the required safeguards across all clients.

We manage security in-house

Setting up an in-house Security Operations Centre (SOC) can require a hefty investment in software, hardware and other facilities. It is possible to encounter difficulties when it comes to building a team, acquiring the essential tools and licenses, and setting up the SOC – all of which may become significant obstacles on the road to improving security.

A Security Operations Centre (SOC) is a centralised entity within an organisation responsible for recognising, investigating, and reacting to cyber security risks. A team of security experts and engineers usually staff SOCs. With the help of various tools and technologies, they keep an eye on an organisation's network and systems for possible security breaches. The objective of a SOC is to offer real-time threat detection as well as response to reduce the effect of any incidents or intrusions.

SOCs can be either internally managed or external, where they are called Managed SOCs or SOC-as-a-Service. A managed SOC is usually staffed with experienced security analysts who have access to state-of-the-art security technologies and tools. The supplier is liable for supervising the SOC personnel, giving ongoing tuition and support, and guaranteeing that the managed SOC meets the patron’s security goals. Additionally, they could be required to deal with external protection providers such as threat intelligence vendors.

SOC as a Service has many benefits. It offers a comprehensive cyber security solution that can help protect your organisation from threats and reduce the risk of data loss. Managed SOC aaS also eliminates the cost and complexity associated with building, staffing, and maintaining an in-house security operations centre. This type of service provides you with monitoring and management options to ensure that your company's systems remain secure and comply with current regulations.

Security Threat Prevention

Preventing security events is critical to safeguarding an organisation’s information systems. Effective security event management involves identifying, investigating, and resolving potential threats to mitigate risks.

Security events can result in severe information security issues, making it vital to monitor them regularly and assess their potential impacts. This task becomes more manageable with the help of a managed Security Operations Centre (SOC).

The best approach to avoiding security incidents is proactive prevention. Organisations must ensure their systems are up-to-date and secure to guard against malicious attacks. If an incident occurs, remediation steps include determining the scope of the attack, containing it, and addressing any vulnerabilities that enabled it.

The risk of security incidents is real, and their consequences—such as operational disruptions or data loss—can be significant. To minimise these risks, managed SOC as a Service providers continuously monitor for suspicious behaviours and alerts. They can take corrective actions independently or collaborate with a client’s internal IT team to remediate identified threats effectively.

Managed SOC Pricing

Managed SOC pricing is essential for businesses who need to keep their security costs in check. It's important to ensure that any security protocols they have in place are properly managed and funded. Managing SOC rates can help businesses stay on top of their security budgets and free up resources for other investments which can benefit the business.

The scope of a managed SOC can have a major effect on the cost of managed security services. A managed SOC with more complexity and extensive foundations typically requires a bigger investment and consequently carries more expensive management rates.

Customisation and integration of a managed SOC to work with the pre-existing security framework of the organisation can change the pricing. It's usually more expensive if greater levels of customisation and coordination are required.

With per-device pricing, organisations that need to monitor a limited number of devices are charged a fixed fee for each. This includes servers, endpoints, firewalls, and other types of equipment.

Managed SOC Pricing

Managed SOC pricing depends on several factors, such as the scope of services, complexity of the organisation’s infrastructure, and level of customisation. Common pricing models include:

Per-device pricing: Charges per monitored device (e.g., servers, endpoints, firewalls).
Subscription-based pricing: Fixed monthly fees for consistent coverage.
Tiered pricing: Service levels with varying features and costs.
Event-based pricing: Costs based on the number of detected security incidents.

Prices can range from £750/month for basic packages to £50,000/month for comprehensive 24/7 coverage.

Managed SOC Summary

The evolving cyberthreat landscape demands constant vigilance. While in-house managed SOC can provide robust security, they may not be viable for all organisations. Managed SOC solutions offer a cost-effective alternative, delivering expert monitoring and proactive protection around the clock. With these services, businesses gain the confidence to detect, defend against, and respond to threats effectively.