Guest blog courtesy of Tracy Holtz, Vice President, Cloud Solutions, Americas, TD SYNNEX
With ever-changing threats and a demand for enhanced cybersecurity on the top of many organizations’ minds, it’s no surprise that security operations centers (SOCs) are becoming a go-to resource to address these needs.
SOCs are defined as “a centralized function or team responsible for improving an organization’s cybersecurity posture and preventing, detecting and responding to threats.”
This segment of the cybersecurity industry is making a big impact by taking on this important task. In fact, recent studies show that SOC market size was valued at $40.39 billion in 2023.
Why Doesn’t Everyone Have a SOC, Then?
Despite the value of the market and the strong need for the service offering however, SOCs are notably hard to implement. Why? It comes down to four common reasons:
- Building an In-House SOC is Costly: With the average salary of a single security analyst sitting around $90,000 a year, a fully-staffed 24x7 SOC can cost a minimum $1 million a year according to recent research from Arctic Wolf.
- It’s Difficult to Find and Maintain Talent: Not only is finding and hiring talent costly, but keeping talent and preventing burnout is becoming a top priority for SOCs. Most (89%) cybersecurity professionals globally say the workload, volume of projects to deliver and the time needed to deliver tasks are key causes of this burnout.
- SOCs Require a Business Priority Shift: When creating an in-house SOC, many organizations also need to undergo a long business priority shift. This involves enhancing security posture across the entire organization, ensuring a deeper compliance with regulations and creating a set of structured plans and strategies to minimize the impact of breaches.
- SOCs are a Difficult Task to Do Well: Both threat actors and the defense community are constantly developing new security technologies and strategies. It takes a lot of time, focus, knowledge and continuous investment to create an effective SOC.
- SOCs Require a Business Priority Shift: When creating an in-house SOC, many organizations also need to undergo a long business priority shift. This involves enhancing security posture across the entire organization, ensuring a deeper compliance with regulations and creating a set of structured plans and strategies to minimize the impact of breaches.
Security Doesn’t Have to Be a DIY Project!
If you’re a managed service provider that doesn’t take advantage of an in-house SOC, don’t worry — you don’t have to spend millions on building one from scratch! You can take advantage of SOC-as-a-service (SOCaaS) instead.
Partnering with an established SOC removes the risk from managed service providers (MSPs) that wish to offer it to their end users. And TD SYNNEX is committed to uniting IT solutions that deliver business outcomes and unlock growth for the future!
That’s why TD SYNNEX and Microsoft have developed a new partnership with Chorus, a 24x7x365 security operations center built on Microsoft Sentinel and Microsoft Defender XDR!
Chorus is a leading managed security service provider (MSSP), providing global managed detection and response (MDR) and managed extended detection and response (MXDR) services built on the Microsoft Security stack through a channel partner model. As members of the Microsoft Intelligent Security Association (MISA) and with Microsoft-verified MXDR services, Chorus enables MSPs to rapidly offer advanced managed security services to their customers through its 24x7x365 Cyber Security Operations Center (CSOC). Our new partnership will also offer:
- Microsoft Sentinel and M365-powered insights.
- Rapid threat detection, containment and response.
- Threat hunting and vulnerability management.
- Proactive cyber threat intelligence.
- Service governance and reporting.
Expanding our partnership with Chorus adds great value to our Microsoft partner ecosystem by enriching the breadth and depth of our MSP offerings in North America! MSPs interested in learning more about this new offering should contact their TD SYNNEX Microsoft Cloud representative. Not yet a TD SYNNEX partner? Reach out to [email protected].
You can also check out the latest episode of the Cyber Wise (Guys) podcast hosted by Danny Frenkel, Azure Security lead for TD SYNNEX North America and Greg Wilson, Azure Cloud Security Architect at TD SYNNEX. The Guys take a deep dive into SOCaaS with Mark Jones, Head of Cybersecurity at Chorus and uncover important do’s and don’t’s for MSPs. Listen exclusively on Spotify: bit.ly/CyberWiseGuys
