In-House SOC VS Outsourced SOC - 13 Key Differences!

The dilemma every organization faces at one point or the other is whether to build an In-house SOC or outsource the SOC operations to Managed SOC as a Service Provider. The idea of building an In-house SOC capability looks attractive at first on paper. Still, very soon, organizations realize that it is a daunting task, given the associated expenses, lack of skilled labor, training, and experienced labor retention issues. That’s why SOC-as-a-Service is designed! Instead of hiring expensive cybersecurity staff, you can partner with a SOC as a Service provider by asking for SOC as a Service. This saves you time and a lot of money.

Thinking of Building In-House SOC? Think Thrice!!!

Before making any decision, you must be aware of the common challenges faced while building your own SOC and how can challenges disappear within minutes by outsourcing SOC as a Service by SafeAeon Inc.

Let’s dive into the table for better understanding:

Sr. No.	Important Factors	Challenges Faced While Building In-House SOC	Benefits of Outsourcing SOC as a Service from SafeAeon
1	24/7 Monitoring	Hackers never sleep! Businesses are under constant worry as ransomware attacks usually happen out of working hours.	Neither our SOC as a Service providers sleep! SOC operates in shifts; thus providing 24x7x365 continuous eyes on screen monitoring, threat detection and response.
2	Finding and recruiting talented applicants	SOC experts are hard to find and harder to keep, which means you’ll need to constantly be recruiting, on-boarding, and training new team members.	By partnering with a SOC, your company has rapid access to security knowledge without the cost burden of employing internally. The MSSP has experienced personnel immediately available, saving the organization the time and expense of hiring and training the dedicated people needed to do the analysis.
3	Dwell Time and Economical Effect	Dwell time is the amount of time an attacker remains unnoticed on a network after gaining first access. The longer an attacker is within the network, the higher the risk of harm	Our dedicated SOC as a Service Providers reduce dwell time from months to minutes, lowering the financial effect when an intrusion occurs.
4	Cybersecurity Skill Gap	Nearly 80% of organizations don’t have enough analysts to run their SOC. Beyond analysts, recruiting qualified experts in threat hunting, incident response, security engineering and more is difficult.	We attract, train and equip a skilled team whose mission is to protect you and improve your security. Our transparent approach means you choose how involved you want to be. Partnering with a managed SOC provider means that an organization can supplement and fill gaps in its existing security team.
5	Licensing fees	To operate a SOC, organizations have to pay initial licensing fees that may cost hundreds of thousands of dollars. And after setting up the SIM software, an agent is required to monitor the system. On top of that, changing the organization’s infrastructure may require additional costs.	Companies pay for SOC-as-a-Service as a monthly operating expense, based only on consumption. For the majority of businesses, this is more cost-effective than the capital and operating expenses for establishing and staffing an on-premise SOC.
6	Specialized Security Expertise	Organizations periodically require access to specialized security experts, such as incident responders, malware analysts, and cloud security architects. These skill sets can be rare and difficult to retain in-house	A SOC-as-a-Service provider can offer access to skilled cybersecurity specialists to its customers when needed.
7	Total Cost of Ownership	Deploying, maintaining, and operating a complete SOC in-house can be expensive. Establishing an in-house SOC requires a significant budget, with upfront IT and personnel investment. The initial investment to build a SOC and the ensuing costs are quite burdening for the average organization. Estimates are that an enterprise would need to spend double to support an efficient SOC internally as compared to outsourcing its cybersecurity operations.	Working with a SOC-as-a-Service provider reduces the risk of a breach and the probability of incurring costs (legal fees, regulatory fines, customer service costs, etc.) and brand damage associated with a successful attack.
8	Security Maturity	Building up the solutions and institutional knowledge for a mature cybersecurity program is an extended process.	Partnering with a SOC-as-a-Service provider can help to shortcut this process by providing an organization with access to their provider’s existing solution stack and security experts.
9	Up-to-Date Security	Keeping up-to-date with the latest SOC tools and capabilities can be difficult with an organization’s limited IT and security budget	A managed SOC provider, on the other hand, has the scale necessary to keep its toolset up-to-date and provides the benefits of cutting edge security to its customers
10	Compliance & certification	Organizations must maintain high standards to prevent a breach. A SOC must be aligned with ISO 27001 or SOC II Type 2. Achieving and demonstrating compliance is a time-consuming and expensive process	With SafeAeon as your SOC as a Service Provider, you need to worry about certifications. Because SafeAeon is both ISO 27001 or SOC II Type 2 certified
11	Facilities and Tools	You need to purchase, install, run and maintain all of the foundational SOC tools on your own.	The MSSP also already has the facilities and tools required to do the job, saving more time and the upfront expenses
12	Time	It takes years to mature the SOC processes and building efficiencies to scale operations	Just within a call, you can get the capabilities of a modern SOC without the cost and headache of managing one.
13	Effective Threat Hunting and Monitoring	As you need to focus on your core business to grow revenue that’s why proactive continuous threat hunting and monitoring seems difficult.	SOC as a Service Provider provides SIEM capabilities that filter false alerts so forensics are only conducted on legitimate threats. We detect and focus on the threats that matter!