Keeping up with cybersecurity techniques can be a challenging endeavor. It is your cybersecurity system’s responsibility to follow up on alerts and pop-ups that happen continuously and when they are unexpected. Your system also must be protected from cyber-attacks before they occur.
While we understand that you might be too busy to personally deal with your business’ cybersecurity activities, leaving the work to distrustful hands is not a choice. This means that the investment needed to keep your defense forces in check must be comprehensive.
There is a rampant increase in the number of organizations that suffer from leakage of data. For this reason, Vijilian labs recommend the SOAR system, Security Operations, and Automation System. This system helps you keep your budget in check by automating several manual operations. It helps with time management, which leads to a trusted security team.
There are three main areas that drive your budget insane when it comes to security operations. These are:
While technology is the ultimate security that any cyber threat requires, it is also an expensive investment. You will need several devices to serve purposes such as risk insights, examinations, and threat chasing. It is not enough to acquire these tools; you will need to update and maintain them occasionally, which means an added cost.
This is an expense that can be bigger than the technology budget. You need a team that is skilled and experienced in current cybersecurity trends. When experts are rare to find, their cost is quite high and could be twice as much as regular security personnel. It’s simple- Daily operations on SOC are costly.
Procedures are massive in this case. You will need time for setup and all the interim procedures until execution. The costs include testing, performing, and maintaining.
Take a Second Look to Your Cyber Security Budget
It does not matter how big or small your company is, there will always be a limitation on finances.
SIEMs have their limitations as well. Some of them include insufficient production of information, incorrect affirmatives, scaling issues, and sometimes the problems can be detected by merging data and more. Such futilities cause an investment downside using SIEM systems.
Thanks to Big Data Analytics (BDA), you can quickly resolve such issues while taking care of your budget. This system makes security operations easier for businesses and also budget-friendly, which consequently means that you can focus more on being profitable. It is not an either-or kind of investment but rather a consolidation of both.
While this looks like you are investing more than you should, in the long run, you will be saving more than you might have if not for the combo solution. The SOAR + BDA also improves your time management.