Why SOCaaS is the right choice for your MSP

smiling office worker on the phone

If you’re an MSP, you know that you need to keep up with the latest technology trends in order to stay competitive. That’s because cyberattacks are not only increasing, they’re now targeting everyone. 43% of cyber attacks target small businesses, and when you consider that, on average, small businesses spend less than $500 on cybersecurity, it’s obvious this is a recipe for disaster.

Smaller businesses lack the resources to truly secure their operations from attackers. Thankfully, many realise the benefits of MSPs in keeping them safe online, but even MSPs need help to keep up with sophisticated cybercriminals.

MSPs are increasingly adopting SOC as a Service to bolster their security offerings. SOCaaS is an excellent choice for MSPs because it allows them to outsource an important part of their security operations to a specialist provider. This can save them time and money and enable them to focus on their core business.

If you want to build a stronger relationship with your customers, then you need to consider SOCaaS. This article will talk about some of its many benefits and how they help not only customers but MSPs as well.

What is SOC as a service?

SOCaaS are security operations services – often with a built-in security toolset – that enable organizations to manage and monitor their security infrastructure and operations from a centralised location. SOCaaS solutions enable organizations to detect and respond to security threats in real time and help them protect their data and networks from unauthorized access or attack.

This is because, in addition to providing the traditional protections of managed security services (MSS) such as firewalls, VPNs, antivirus, and endpoint protection (EPP), SOCaaS comes with a team of analysts who respond to relevant alerts and any attacks. They also provide strategies to optimize cybersecurity protection and give continual assessment and feedback to ensure security is as tight as possible.

SOCaaS solutions are typically offered as a subscription service and can be customized to meet the specific needs of each organization. They provide organizations with access to security analysts and experts who can help them to manage and monitor their security infrastructure and quickly respond to any security threats.

What are the benefits of SOCaaS for MSPs?

MSPs often focus on setting up a layered cybersecurity solution for their clients. They typically ensure that users are set up securely, configure networks, servers and cloud access alongside endpoint protection.

However, MSPs typically don’t have the skill sets or resources to provide cybersecurity monitoring and management round the clock. In the past, this was not strictly necessary. But, today, with many businesses operating remotely around the world and workforces split between offices and homes, not to mention the absolute necessity of relying on the cloud, it’s never been more important to continuously monitor an organization’s systems.

As previously mentioned, the sophistication of attackers has never been greater, and staying one step ahead is a never-ending battle. Businesses are being targeted by cyber criminals every day, but having the time and knowledge to find vulnerabilities and investigate potential threats to prevent breaches is out of reach for most MSPs.

This is why SOCaaS is so important for MSPs. It allows them to deliver full cybersecurity protection to their clients. With SOCaaS MSPs can offer:

  • Continuous and comprehensive network and system monitoring at a fixed cost
  • Faster detection of potential security events and improved response times
  • All security threats, tools, and systems combined into a single point of control
  • Expert prevention and investigation methods
  • Full compliance reporting

In short, SOC as a service offers MSPs the ability to fully protect their clients quickly and seamlessly while boosting revenue and keeping costs down.

SOCaaS in action

inSOC has helped many MSPs succeed through our SOC as a service offering.

For example, in our Nostra case study, this fast-growing Irish MSSP was facing increasing calls from businesses concerned about their security. There had been many high-profile data breaches, and security and compliance had become a top concern particularly in the financial and manufacturing sectors. That’s why it contacted inSOC. It was then able to offer Open-XDR driven monitoring and intrusion detection, monthly risk reports, operational reports, and weekly vulnerability management. This resulted in Nostra establishing a compliance and security department to address its customers’ rising security concerns with inSOC’s expertise.

Our STS case study details the struggles Strategic Technology Solutions were having with its legal clients. Working in the legal sector demands high compliance, where many regulations are held to a high standard. Unfortunately, many legal companies are slow to adopt the cybersecurity protection necessary to prevent attacks, and STS was left reacting to threats rather than preventing them. Thanks to partnering with inSOC, STS were able to offer their clients end-to-end protection while being supported by wraparound packages and strategic support. In fact, STS were so happy with inSOC’s One Stop SOC solution that they now view it as the standard for cybersecurity and won’t take on a client if they are not willing to adopt it.

It’s never been more important to detect and respond to critical alerts relating to your customers’ cybersecurity. That’s why inSOC developed our flagship MSP cybersecurity solution – One Stop SOC. It tracks genuine threats and eliminates false positives in real-time with advanced AI. With 24/7 monitoring from our dedicated specialist SOC team and monthly threat assessment reporting and review meetings, you and your clients are in secure hands.

Book a time to talk with us today.

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