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Security Operations
Center [SOC]
The Need for SOC-as-a-Service in Banks
What is SOC?
Security Operation Center (SOC) basically monitors,
detects, analyses and responds to any cyber threat round
the clock. SOC teams take the responsibility to shield an
organization’s network from any malicious activities and
security breaches. SOCs nowadays have become more of
a distributed models, helping the organizations to
optimize the use of existing security resources
SOC-as-a-Service
It’s a cloud-based model where the service provider
hosts SOC infrastructure and supports SOC operations.
This eliminates the need for the organizations to invest
in building such infrastructures.
Its need in the Banking Sector
The BFSI sector is the skeleton of a country’s economy
hence its also highly prone to security breaches. SOC
service providers ensure a round the clock monitoring
of the network and makes the banks compliant to the
necessary regulations. This reduces the chances of
data breach and elevates customer’s trust.
Benefits of SOC-as-a-Service
Improved Security
Staffing
24/7 monitoring of
security events
Increased Security
Maturity
Up-to-Date Security
Compliance
Management
Lower Total Cost of
Ownership
Some Challenges:
• Enterprise Data Security- For effective actions to take place against
security threats, organizations need to give access to their sensitive
data to the SOC-as-a-service providers. This could be risky.
• On boarding Process- The security solutions provided by the Managed SOC
providers need to be configured within the customer’s environment. This on-boarding
process is time-consuming. Data is left vulnerable during this transition.
• Regulatory Considerations- With increasing rates of cyber attacks happening in
various new ways, businesses need to comply with the ever-updating regulations.
Use of third-party provider to mean that it would have to be trusted to fulfil such duty.
ESDS SOC Services
By now it must be clear that your organizations needs SOC.
Our SOC Services vow to protect your data against all cyber
attacks.
Indigenous
Products and
Solutions
Complete
Data Security
Service-Based
Offerings
Compliance
with Industry
Standards
By availing our services, you get:
THANK YOU

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What is SOC and why do banks need SOC-as-a-Service?

  • 1. Security Operations Center [SOC] The Need for SOC-as-a-Service in Banks
  • 2. What is SOC? Security Operation Center (SOC) basically monitors, detects, analyses and responds to any cyber threat round the clock. SOC teams take the responsibility to shield an organization’s network from any malicious activities and security breaches. SOCs nowadays have become more of a distributed models, helping the organizations to optimize the use of existing security resources
  • 3. SOC-as-a-Service It’s a cloud-based model where the service provider hosts SOC infrastructure and supports SOC operations. This eliminates the need for the organizations to invest in building such infrastructures. Its need in the Banking Sector The BFSI sector is the skeleton of a country’s economy hence its also highly prone to security breaches. SOC service providers ensure a round the clock monitoring of the network and makes the banks compliant to the necessary regulations. This reduces the chances of data breach and elevates customer’s trust.
  • 4. Benefits of SOC-as-a-Service Improved Security Staffing 24/7 monitoring of security events Increased Security Maturity Up-to-Date Security Compliance Management Lower Total Cost of Ownership
  • 5. Some Challenges: • Enterprise Data Security- For effective actions to take place against security threats, organizations need to give access to their sensitive data to the SOC-as-a-service providers. This could be risky. • On boarding Process- The security solutions provided by the Managed SOC providers need to be configured within the customer’s environment. This on-boarding process is time-consuming. Data is left vulnerable during this transition. • Regulatory Considerations- With increasing rates of cyber attacks happening in various new ways, businesses need to comply with the ever-updating regulations. Use of third-party provider to mean that it would have to be trusted to fulfil such duty.
  • 6. ESDS SOC Services By now it must be clear that your organizations needs SOC. Our SOC Services vow to protect your data against all cyber attacks. Indigenous Products and Solutions Complete Data Security Service-Based Offerings Compliance with Industry Standards By availing our services, you get: