Hey there! If you thought security operations (SecOps) teams didn’t have enough challenges already, think again. The current economic uncertainty and hits to revenue are pushing organizations to reassess their cybersecurity needs, impacting SecOps teams just like any other department.
For quite some time now, the security industry has been grappling with a shortage of skilled professionals, alert fatigue, and the ever-growing complexity of the threat landscape. The economic situation in 2023 only adds to these hurdles with budget cuts, forcing executives to make tough decisions on where to trim expenses while still maintaining a robust security posture.
But in the midst of these challenges, SecOps teams are looking at these restrictions and cuts as opportunities. When external factors compel security managers to rethink their strategies, it can lead to creative and scalable solutions for alert management, incident response, and threat hunting.
Tough Decisions and Constraints Can Lead to Creative Solutions
During times of economic uncertainty, companies often face tough choices about where to tighten their belts. However, when it comes to cybersecurity, cost-cutting shouldn’t equate to compromised security. Instead, it’s a chance to reevaluate current security strategies and discover new ways to enhance your security posture while reducing expenses.
To address the ongoing security staffing challenges, many companies are moving away from traditional, in-house SOC teams and opting to outsource SecOps services. But cybersecurity isn’t cheap, and the costs associated with outsourcing can quickly add up, especially as budgets shrink due to economic uncertainties.
Moreover, outsourcing your SecOps means relinquishing a significant amount of control and visibility over your security operations to a third-party vendor, making it harder to detect and respond to threats promptly.
So, how do you maintain control over your security operations with more alerts, fewer resources, increased visibility, and within a limited budget?
One solution lies in automation. By leveraging automation, you can streamline SOC operations, reduce costs, and enhance real-time visibility and control over your security posture to identify and mitigate threats swiftly, empowering your team to focus on high-value tasks.
Leveraging Automation in Your SecOps Tech Stack
There are various tools and technologies available that can help organizations bolster their security defenses at a lower cost.
One such solution is Intezer Autonomous SOC, offering round-the-clock alert triage, trustworthy DFIR-level analysis, and pre-built detections for threat hunting. With Intezer, you can:
- No overlooked alerts: Automatically investigate 98% of your alerts and receive detailed analysis reports.
- Escalation for serious incidents: Automatically triage 84% of alerts to confirm threats for escalated response.
- Less noise: Resolve 89% of false positive alerts automatically to reduce distractions.
- Cost-effective: Cut costs by half compared to traditional Managed Detection and Response providers.
With Intezer, keep your team focused on genuine threats without wasting time and resources on false positives or repetitive tasks.
Want to learn more about how Intezer can support your SOC team in navigating the challenges of 2023? Reach out to us for a chat.
Trust Intezer’s Autonomous SOC solution for your security operations grunt work.
