What is SOC as a Service?

SOC as a Service (SOCaaS) is a security framework wherein a third-party provider manages and oversees a fully operational security operations center through a subscription arrangement. The provider is responsible for handling all security tasks, such as network surveillance, log administration, threat identification and intelligence, incident inquiry and resolution, reporting, and risk and compliance management, as typically handled by an internal SOC team.

In a nutshell, the third-party vendor takes charge of all the personnel, processes, and technologies required for delivering these services and ensures around-the-clock support. Read further to know more about the role of SIEM solutions in a security operations center and how they help with security incidents.

What is the role of SIEM solutions in a security operations center?

Security information and event management (SIEM) systems have become an integral component of a security operations center. This is because businesses rely heavily on their IT networks, which makes it quite difficult for security operations centers to manually monitor every system and analyze such large amounts of data. However, by leveraging a SIEM solution like ManageEngine Log360, security operations centers can automate the process of threat detection, leading to resource and labor savings while concurrently enhancing operational efficiency and productivity.

SIEM solutions provide security operations analysts with real-time data on network events, alleviating the burden of manual investigation of every security incident. These tools play a crucial role in sifting through the vast amounts of alerts that security operations centers receive on a daily basis, enabling the identification of incidents with genuine threat potential.

How can Log360 help security operations centers with security incidents?

ManageEngine Log360 is a comprehensive SIEM solution that helps security operations centers handle security incidents effectively. The solution tracks suspicious network activity, identifies abnormal user behavior, conducts regular security audits, and implements workflow management to resolve security incidents systematically. Furthermore, the solution aids in tracking incident response procedures with the help of its integrated ticketing system and does much more.

Let us take a look at its benefits in detail:

Real-time monitoring:

Log360 collects and analyzes logs and event data continuously from various sources within an organization's network. This real-time monitoring enables security operations centers to detect security incidents as they occur, providing early warning and immediate visibility into potential threats.

Risk management:

The SIEM solution comes integrated with a machine-learning-based user and entity behavior analytics (UEBA) module that lets you easily identify risks and anomalies. In addition to lowering false positives and improving the accuracy of advanced persistent threat (APT) detection, it also aids analysts in closely monitoring high-risk users.

Threat intelligence:

Log360 has a built-in threat intelligence platform comprised of preconfigured and tailored threat feeds, immediate alert notifications, forensic reporting capabilities, and a built-in ticketing system. This enables organizations to proactively mitigate potential incidents by actively identifying and eliminating hidden threats, thus establishing a stronger security posture.

Incident management:

Log360 enhances enterprise security operations by offering a comprehensive incident dashboard to help you optimize key metrics such as the mean time to detect (MTTD) and the mean time to respond (MTTR). The dashboard provides insights into active and unresolved incidents as well as recent and critical events. It also allows workload monitoring of security analysts.

Response workflows:

Log360 supports the creation of a response playbook or automated incident response workflows. When an incident is confirmed, a security operations center can trigger predefined actions to contain the incident, gather forensic evidence, and initiate the necessary remediation steps. This accelerates incident response and reduces manual errors.

With these capabilities and more, Log360 equips security operations center teams with the necessary tools they need to monitor, detect, respond to, and manage security incidents effectively. It streamlines incident management, reduces response times, and enhances the overall security posture of organizations.