Your current cyber security environment, your requirements, the nature of your company, and where your organization stands on the security maturity graph will all affect whether a Security operations center (SOC) is the best choice for you. However, if your cyber security team is having similar issues, you might want to think about using a Security operations center (SOC as a service).

Five Key Security Challenges and a Security operations center (SOC)’s Solution –

Incident Response Capability

The Problem

As security experts, we are aware that security incidents will happen despite our best efforts. When incident response is sluggish, inconsistent, or unreliable, there should be a worry. No matter how well-prepared your security is, if you can’t guarantee a quick response to incoming attacks, you’re exposed.

A Security Operations Center (SOC)’ Response

For the vast majority of cyberattacks, the commercial damage is mitigated the faster the reaction is. Security operations center (SOC)’s have the ability to use powerful defence tools, frequently combining automation, round-the-clock monitoring, and containment with on-site qualified professionals to give a quick incident reaction – the human factor.
2. Defending Endless Threats on a Limited Budget

The Problem

Tools for monitoring, detection, assessment, and correction are expensive. There may be pressure to keep investing in security solutions if your business is expanding, going through a digital transformation, or facing other substantial changes (to operations, regulatory duties, or compliance). This is to ensure that your organization keeps up with developments and stays secure.

A Security operations center (SOC)’s Response

When compared to the cost of deploying the same solutions and hiring the employees required to administer them efficiently internally, Security operations center (SOC)’s can offer access to a wide range of top-notch technologies. This reduces the danger of vendor sprawl and its related difficulties, helping to stabilize costs.

Resourcing the Expertise

The Problem

budgetary restrictions play a large role, but not only. With a 3.4 million+ workforce deficit, the worldwide cybersecurity business is now dealing with an alarming skills gap. This dearth of skilled expertise is making it difficult to find and keep employees, leaving security teams with worrying knowledge and resource gaps—something the bad guys are all too aware of.

A Security operations center (SOC)’s Response

A good Security operations center (SOC) should function as an extension of your current security team, giving you dependable access to the knowledge you lack on staff without having to worry about keeping in-demand employees or adding additional team members should your security stack grow.

source: https://www.esds.co.in/blog/solving-five-key-challenges-with-a-security-operations-center-soc/