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White Paper
Build or Buy? Security Operations Center Strategies for Midmarket Companies
Date: 04/13/2017 Length: 4 pages Cost: $99.00

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Abstract:
Midmarket companies are aware of the increasing threat --investments in strengthening cyber security posture rank amongst their top priorities in 2017.  Yet there is dissonance in this segment on exactly what makes a security program "strong." Even those with resources to hire dedicated security staff are facing intense competition to find, afford, and retain individuals with specialized skills. In 2016, EMA research identified that 76% of organizations are impacted by security staffing shortages, which is an increase of eight percentage points over 2015. It's why forward-thinking midmarket companies, cognizant of their budgetary constraints, security vulnerabilities, and the difficulties of finding and retaining people to fix them, are maximizing ROI and effectiveness from security spend by turning to managed security services providers (MSSPs). In 2016, 54% of organizations EMA surveyed identified that they were using an MSSP for more than 50% of their security operations and 55% indicated they would increase spending in this area. 

One MSSP service that is gaining popularity is the managed security operations center (SOC), such as those provided by Arctic Wolf Networks (AWN). The managed SOC is a premium service and more than managed security incident and event monitoring (SIEM). Managed SOC ensures organizations that face the dilemma of a lack of qualified staff have 24/7 monitoring, investigation, and remediation of threats, freeing the company to focus on their core competencies. 
Author:

David Monahan


 




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