Security Operations Center (SOC) Services
What is SOC Services?
The function of the Security Operations Center (SOC) is to monitor, prevent, detect, investigate, and respond to cyber threats around the clock. A managed SOC offers external cybersecurity experts that monitor your logs, devices, cloud environments, and network for known and evolving advanced threats.
Why is SOC Services important to my business?
If bad actors can attack such companies as Microsoft, Twitter, Amazon, Netflix, GitHub, PayPal, Fox News, Zoom and National Governments, all organizations with multi-million dollar investments in information technology, what can bad actors do to your small business? According to IBM, it takes 280 days to find and contain the average cyberattack and the average cost is $3.86 million. The United States has the world’s highest data breach costs, with the average attack costing $8.6 million. More reasons:
+ Cybercrime is up 600% since the Covid-19 pandemic.
+ Malware increased 358% in 2020.
+ Ransomware usage increased 435% from the previous year.
+ Remote work has increased the average cost of a data breach because remote workers do not have the same level of security at home.
+ 43% of cyberattacks target small business.
Each business should ask themselves.
– What would it cost to remediate if the business data and client data on our computers were sold on the Dark Web?
– How much would it cost the business if we had no access to our computer systems for one hour, one day, one week, and one month?
– How much would we save on our Cybersecurity Insurance if we implemented SOC Services?
FITS Network Administrators can help businesses with these questions as well as documenting a disaster recovery plan for emergency response. Network Admin services are free for our TruMethods clients.
What is SOC Services going to cost us?
$15 / month for each server and each end-user computer. A company with 2 servers and 20 desktops/laps will pay an additional $330 per month
Why are you forcing me to have SOC Services? Why can’t I make my own determination?
We feel many small business executives do not understand the risk to their business. If we have not done a good job explaining in this
document, we are willing to spend more time with you to help you understand. One way we can get your attention is requiring SOC
Services. It demonstrates our seriousness about the risks.
Especially in this day of Compliance and government regulations, Managed Services Providers, have risks and liabilities and responsibilities. The cost of our labor after a Cyberattack can be very expensive.
If after talking in detail with us about your risks, you still feel you are willing to allow your business to have unnecessary exposure to Cyberattacks, we will allow you to opt out by signing a legal agreement where you acknowledge the risks and take all legal and fiduciary responsibilities for any breaches.