According to Accenture’s Cost of Cybercrime Study, 43% of cyber-attacks are aimed at small businesses. What’s even more alarming is that only 14% of those small businesses reported being prepared to defend themselves in the case of a cyber-attack. SMBs are now facing the same threats that previously were only common for larger organizations, making it crucial that they take action to protect their data.
This can be overwhelming for SMB owners who may not know where to begin when it comes to strengthening their cybersecurity posture. This is exactly why it’s recommended that SMBs allow a third-party SOC provider to take on the responsibilities of managing their security. Below are four reasons why SMBs should partner with a SOC provider to monitor and detect threats, so that they can focus on their business’s bottom line.
Cost-Effective
The cost for SMBs to run and operate their own Security Operations Center (SOC) in-house is astronomical due to expensive software, hardware, and the need for a staff of cybersecurity professionals 24/7/365. It’s also noted that cybersecurity professionals are in high demand due to a shortage of professionals within the field, making hiring for these positions not only scarce but also expensive. By partnering with a third-party SOC, SMBs can utilize the technology and team of cybersecurity experts without any of the upfront operational costs.
Time Saving
Building an in-house SOC is a long process that requires extensive research on options concerning solutions, training, and staffing. Through this lengthy process, SMBs are forced to place core business operations on the back burner while focusing on putting new processes in place and going through the hiring process to build a team. With a SOC provider, all the leg work is already done. As a trusted partner, a SOC provides tools, software, and a team of cyber professionals, saving organizations time and money.
24/7 Monitoring
Cybercriminals are always at work. The key time of day a criminal is working on attacks is typically during working hours, however, they may also attempt a hack during off hours or even in the middle of the night. Because of this, your in-house cyber security team will likely not see this attack happening. Consequently, the longer a threat goes unnoticed, the more damage the attack will likely cause to an organization. A SOC provider such as AgileBlue, offers 24/7 monitoring, detection, and response to identify cyber threats before a breach occurs.
Expert Team and Technology
Working with a SOC provider gives SMBs the eyes and ears they need to watch over their business. The AgileBlue team goes above and beyond to deliver not only 24/7 monitoring, but consistent support including update meetings, and one-on-one support at any time. AgileBlue offers customizable dashboards, hand-crafted application integrations, and always-improving data monitoring. Additionally, AgileBlue’s eXtended Detection and Response (XDR) connects the logs and telemetry data from all sources and correlates them, to give SMBs a holistic view of their security posture.
About AgileBlue
AgileBlue is a SOC|XDR platform that’s proven to detect cyber threats faster and more accurately across your entire digital infrastructure and cloud. We provide 24/7 monitoring, detection, and response to identify cyber threats before a breach occurs.
Our tech is intelligent and automated, but we take a custom approach for every client we work with, analyzing and detecting exactly what you need it to. Our products are 100% cloud-based including advanced machine learning and user behavior analytics backed by our team of cyber experts who are always just a call away. You can rest easy because we’ve got this. Interested in learning more? Fill out the form below and a member of our team will get in touch with you quickly.
