What Is SOC Cyber Security and Why Should You Care?

ISAE 3000/3402
Introduction

SOC cyber security is a process consisting of security measures that are put in place to protect an organization’s computer networks, systems, and data from unauthorized access or theft. By definition, SOC cyber security is the proactive attempt to avert or mitigate an attack on an organization’s computer systems before it occurs. A company’s “security operations center” (SOC) is responsible for implementing and managing the organization’s SOC cyber security program.

What is SOC cyber security

Cybersecurity risk management is an important part of every organization. A SOC for Cybersecurity examination is how a CPA reports on an organization’s cybersecurity risk management program. Its purpose is to communicate information about an organization’s cybersecurity risk management efforts to interested parties such as the board of directors, analysts, investors, business partners, and industry regulators. This gives those individuals a clear understanding of the organization’s cybersecurity risk management program and provides them with confidence in its efficacy.

The different types of SOC cyber security

There are four main types of SOC reports, which are governed by the American Institute of Certified Public Accountants (AICPA). These reports offer assurance that the controls service organizations put in place to protect their clients’ assets (data in most cases) are effective. The four main types are SOC 1, SOC 2, SOC 3, and SOC for Cybersecurity. Each type has a subset of reports.

SOC -1: – The SOC 1 Report is a report on Controls at a Service Organization which are relevant to user entities’ internal control over financial reporting.

SOC -2: – SOC 2 reports are attestations issued by an independent Certified Public Accounting (CPA) firm. They focus on the operational risks associated with outsourcing to third-parties outside of financial reporting. SOC 2 reports are based on the Trust Services Criteria, which includes up to five categories: security, availability, processing integrity, confidentiality, and/or privacy.

SOC-3: – A SOC 3 report is less comprehensive than a SOC 2 report, but is also less restrictive. The main difference between the two reports is that the SOC 2 report focuses on details of the description and testing, whereas the SOC 3 report is a general-use report that is great for marketing purposes.

The benefits of SOC cyber security

Designing and implementing an effective SOC can be a complex process. An organization needs to identify, acquire, and deploy the tools required by the SOC and put in place policies and procedures for identifying and responding to cybersecurity incidents. Check Point has created Infinity SOC to help with this process—it is a pre-integrated, turnkey security solution that provides the tools and expertise needed to build and operate a world-class SOC.

The Infinity SOC platform enables your organization’s SOC team to use the same tools as Check Point Security Research. This gives SOC analysts the visibility and capabilities they need to identify and shut down attacks against their network with 99.9% precision. Deployed as a unified cloud-based platform, it increases security operations efficiency and ROI.

Security Operations Centers face many common challenges, which is why Check Point Infinity SOC was created. This solution helps organizations protect their networks by providing:

– Quick detection and shutdown of real attacks

– Rapid incident investigations

– Zero-friction deployment

How to get started with SOC cyber security

The cyber security market is growing rapidly and is expected to be worth more than $170 billion by 2020. With the increase in cybercrime and data breaches, organizations are realizing the importance of having a secure and compliant IT infrastructure.

The first step in getting started with SOC cyber security is to understand the different types of attacks that are possible and the risks that your organization faces. After you have a clear understanding of the threats, you need to develop a security strategy that addresses these threats. The next step is to implement the security strategy and make sure that it is enforced across the organization.

The future of SOC cyber security

The cyber security landscape is constantly changing as new technologies are developed and more sophisticated cyber threats emerge. It can be difficult to keep up with all the latest trends and developments, let alone know how to protect your organization from potential attacks.

In this rapidly changing environment, it is more important than ever to have a strong and effective cyber security strategy in place. SOC (security operations Centre) services can play a key role in helping organizations stay safe online.

Conclusion

SOC cyber security is a vital necessity for any business with a presence on the internet. By definition, SOC cyber security is the proactive attempt to avert or mitigate an attack on an organization’s computer systems before it occurs. In order to stay protected, every business should have a SOC cyber security program in place that is managed by a dedicated “security operations center” (SOC).