A Security Operations Center (SOC) is a crucial component of a company’s security against cyberattacks and unwanted access. Experts in security operations have several responsibilities, such as asset discovery and management, incident response, and more. By understanding the many types of security activities, you may choose the system that best matches your requirements. Here are some essential SOC terminologies to know. Continue reading to learn more.

 

Asset discovery and administration

Discovery and management of assets are crucial components of cybersecurity operations. Utilizing an effective asset discovery and management solution enables the identification of vulnerabilities, active threats, installed, and retired assets. Additionally, it determines which software and hardware components require optimization or repair. This information can be used to assess the expenses of hardware and software, as well as to identify additional software or hardware. Asset detection and management can help you minimise IT expenditures and prevent unwanted access to company data and information.

By identifying all internet-facing assets, asset identification and management can help automate the inventory process. This enables you to maintain your attention on discovering security threats and vulnerabilities sooner. Additionally, asset discovery and management can help automate compliance and auditing chores. With automated asset discovery, you will be able to determine whether or not assets comply with internal and external regulations. You will have a comprehensive view of your attack surface and be able to determine when patches or upgrades are necessary.

A well-designed SOC can reduce costs associated with different security systems, hence saving money. The facility is capable of managing all machinery and equipment and documenting its functioning procedure. Implementing asset discovery and management is dependent on the organization’s functioning and security requirements. Strategies for security operations centres are based on a layered security strategy. Your firm must choose a solution that incorporates all of the specialised security levels offered by a variety of vendors.

A solution for asset discovery and management may detect and handle unlicensed software and hardware, as well as identify unlicensed applications. Software licencing are essential, as fines can be imposed on unauthorised users. A tool for asset discovery can aid in the detection of issues affecting both virtual and physical assets in on-premises and cloud systems. You can easily determine the susceptibility of any cloud environment or on-premises network with asset discovery.

As part of the SOC’s responsibilities, security analysts gather and analyse network activity logs to identify potential threats and implement incident remediation. Using a SIEM, some SOCs consolidate and correlate data inputs from different sources, including firewalls and operating systems. A SIEM is a crucial component of security operations, but it does much more than deal with problems as they occur. It identifies threats and provides protection against them.

 

Incident reaction

 

Incident response is one of the most important responsibilities of a Security Operations Center (SOC) for avoiding and responding to cybersecurity problems. In addition to preparing for and managing an event, SOCs also oversee mitigation and recovery operations following an attack. Plans for responding to incidents give a clear structure for leadership and accountability, as well as action actions for each event. Top-performing SOCs regularly conduct tabletop exercises with the rest of the organisation to ensure that everyone is on the same page.

Frequently, security events come from a natural system failure, such as traffic congestion or hardware maintenance. As part of an event detection programme, a SOC as a service provider will be able to respond more quickly to these types of incidents. As a result, not all organisations can maintain a SOC internally, and many firms outsource this function. It may not be possible for a company to implement all of the SOC’s obligations, but it is vital to guarantee that it is operating at its full capacity.

Although incident response is a vital component of the SOC, it remains a reactive process. It has a significant impact on the time required to recognise and remedy an occurrence. Incident response teams rely on the profile of a network and a log retention policy to detect anomalous behaviour. After identifying an assault, they must assign a priority and implement a countermeasure. The post-event activity phase involves evaluating the performance of the incident response team and determining any necessary steps.

Effective SOC strategies centre on threat management, which include the collection and analysis of data to detect malicious activities.

Security-related data is often collected by these teams from firewalls, threat intelligence, intrusion prevention systems, probes, and SIEM systems. They also generate alarms based on aberrant data. An SOC plan also includes asset identification and management, which entails ensuring that all assets are operational, patched, and updated.

 

Management of incidents

Incident management is a critical component of a SOC. Every day, security operations teams get a large number of notifications and examine them to determine whether or not an event is legitimate. When an event is found, analysts prioritize the alerts and collaborate with various stakeholders to determine how to respond. Complex methods and tools are frequently used in security events. The SOC commander is in charge of the SOC team and decides how to effectively respond to the situation.

To create a baseline for “typical” network activity, the SOC gathers and evaluates network activity records. These logs provide information that may expose dangers and help in event cleanup. SIEM software is used by the majority of SOCs to collect and correlate data flows from network devices, endpoints, and applications. SOCs can assess which risks are prominent and which technologies are best suited to manage them by monitoring network behavior.

Analysts on the SOC perform 12-hour shifts. One night crew analyst leaves at 5:48 a.m., indicating that they haven’t slept. They must maintain vigilance, and incident response orchestration software can assist them. When utilized correctly, IR software can assist SOC analysts in remaining aware and responding faster. By automating the process of gathering and storing data, orchestration software helps improve SOC incident response strategies.

 

Endpoints and networks are also monitored for vulnerabilities by a security operations center. These teams may also monitor sensitive data and verify that security requirements are followed. Security operations teams must collaborate effectively with incident management and threat hunting teams. A security operation center, in addition to a SOC, should include a team of specialists devoted to fulfilling their various responsibilities. This sort of team is frequently made up of persons who have been affected by a security issue.

A SOC with a NOC will be more focused on threat response. While the majority of these security events occur in virtual settings, NOCs may be better than centralized SOCs at addressing hardware and network repair. The same may be true for businesses that rely significantly on their network on a regular basis. In reality, many SOCs are hybrid organizations that combine the two. As a result, merging these functions into a single team may assist businesses in defining their roles and responsibilities.

 

Tool for incident management

The Security Operations Center (SOC) is a solution for incident management that may assist your firm in managing cyber events. SOCs can deal with a wide range of threats, from malware and ransomware to new dangers. When an incident is confirmed, they serve as the first line of defense and may be a valuable tool in limiting the spread of assaults. SOCs can even safeguard your firm from financial damage due to lost data, depending on the sort of occurrence.

The security operations center serves as a central command post for gathering and evaluating data from IT infrastructure. These centers monitor and analyze situations around the clock and make decisions on how to manage them. Security teams may notice issues and respond accordingly by collecting and analyzing all of this information. The SOC may also assist you in avoiding expensive lapses by developing an automated system to route the right information to the appropriate individuals and allow direct action.

A security operations center can assist your company in monitoring security data collected throughout the IT infrastructure. Data gathered by firewalls, intrusion detection systems, antivirus software, and network devices can all be included in this category. The SOC analyst team may categorize and analyse the data depending on its relevance to the enterprise. They also retain a thorough inventory of all the assets owned by the organization. They also keep an eye out for security incidents that are not reported to the appropriate authorities.

A SIEM is a robust incident management technology that can monitor and analyze events in real time. Advanced features such as threat intelligence, correlation, machine learning, alerting, dashboards, and forensic capabilities can also be provided. Security personnel can map out the problem and prevent it from happening again by examining this data. They may also simply discover which employee is stealing sensitive data using SIEM.