Cybersecurity threats are not only increasing in frequency, but they are also becoming more complex and harder to detect. Phishing and multi-factor authentication (MFA) fatigue attacks are on the rise.
The average cost of a data breach globally increased to 4.35 million dollars in 2022 from 4.24 million dollars the year before. The healthcare sector had the greatest average cost for a data breach, while costs varied among industries. ~Statista
These numbers clearly show the critical importance of a robust cybersecurity strategy.
One of the key components of an effective cybersecurity strategy is Security Orchestration, Automation, and Response (SOAR). SOAR is an advanced technology that helps security teams detect, respond, and recover from cyber attacks more efficiently and effectively.
This article will explore the benefits of using SOAR in your cybersecurity strategy, including increased efficiency, enhanced incident management, and better team collaboration. We will also discuss how SOAR can help you stay ahead of evolving threats and prevent costly data breaches.
Experience the power of SOAR: Orchestrating, automating, and responding to threats
Security Orchestration, Automation, and Response (SOAR) is a cybersecurity framework that enables organizations to detect, respond and recover from security incidents quickly and efficiently.
SOAR aims to provide a "single pane of glass" for managing security events. This means that all security operations can be managed through one interface, regardless of where they occur or which systems are affected.
SOAR typically includes three components:
Security Orchestration
Security Orchestration uses tools like automation, machine learning, and artificial intelligence to create policies that determine how specific actions are taken when a security event occurs. For example, you could use orchestration to automatically remediate vulnerabilities on your network or enact a response plan if an employee's laptop is lost or stolen.
Vulnerability scanners, endpoint security software, user and entity activity analytics, firewalls, intrusion detection and prevention systems (IDSes/IPSes), security information and event management (SIEM) platforms, and other third-party sources are examples of connected systems.
Security Automation
Security Automation refers to using software that performs tasks without human intervention. For example, suppose an employee attempts to log in from an unrecognized device or location.
In that case, the application might automatically lock their account until they can prove who they say they are via phone call or text message verification.
Security Response
For analysts, security response provides a unified perspective of the planning, management, monitoring, and reporting actions taken if a threat is recognized. This unified view makes collaboration and threat intelligence sharing among security, network, and systems teams possible.
It also covers actions taken in reaction to the occurrence, such as reporting and case management.
ELEMENTS OF SECURITY ORCHESTRATION,
AUTOMATION AND RESPONSE
How Can SOAR Empower Your Security Team to More Effectively Respond to Threats?
When achieving their security goals, organizations today confront numerous obstacles. One reason is that it takes time to recruit qualified candidates, and once you do, you want them to be able to concentrate on the job that will have the most impact rather than being mired down in laborious, repetitive chores.
Furthermore, your company likely uses technology that numerous teams must use and collaborate on, yet the various components are only sometimes integrated.
It may not be able to add a 25th hour to the day, but it is still possible to gain some time and accomplish your security objectives. Security orchestration and automation can help with that.
It is feasible to accomplish more in less time with an efficient security orchestration, automation, and response (SOAR) system while allowing for human decision-making in the most crucial situations.
Stop relying on point-to-point integrations for your technological stack and switch to a solution that enables you to develop your various processes and links you with the appropriate people and resources to help you reach your objectives.
How does SOAR service work?
Here's how SOAR service works:
Alerts: Gathered according to playbooks, and incidents defined
The Playbook: Automatically triggers actions
The Incident: Enriched with threat databases comparing the behavior with known threats
SOAR Platform: Can automatically trigger actions on security devices. (close ports, block an IP, quarantine a computer)
More Information: If related information arrives, the cycle starts over to reprioritize with more information
The Advantages of SOAR: Enhancing Your Security Posture, Boosting Efficiency, and Reducing Risk
The benefits of SOAR include:
Low Code for SOAR: Low code tools offer an intuitive interface and allow you to create apps without writing code. This can be an advantage for users who need programming experience or learning time.
Better threat context: The SOAR model defines a standard process to help organizations identify and understand the nature of a threat. It also provides detailed instructions on responding to each type of attack. This process allows security professionals to make better decisions about responding, increasing their effectiveness and efficiency.
Faster incident detection and reaction times: One of the most important benefits of SOAR is that it enables organizations to detect threats more quickly by providing a standard way to investigate incidents. In addition, it gives security professionals more time and resources to investigate incidents before they become serious problems that require drastic action, like shutting down systems or networks.
Scalability: SOAR allows you to deploy new environments for testing and development purposes quickly. This makes it easier for teams to scale up when necessary, which helps reduce costs by eliminating the need for new hardware.
Simplified management: With SOAR, there's no need to manage separate environments for each developer or team. You can share resources across teams and departments, which saves time and money while helping ensure consistency across projects.
Reduced costs: Low code development platforms are usually priced based on usage, so there's no upfront investment required from your end. You only pay for what you use and can scale up or down according to demand.
Maximizing Your SOAR Investment with SEMNet's Comprehensive Security Services
Comprehensive cybersecurity isn't just a technology problem—it's a challenge that requires thoughtfulness, planning, and collaboration across a team. We've seen SOAR deployed into production environments to help companies address these challenges, reduce the risk of breach, and streamline operations.
And no matter the size of your organization, you can deploy SOAR too. With active development and a growing community, SOAR is well-positioned to help companies succeed in their cybersecurity goals and respond faster to new threats.
If you want to transform your cybersecurity strategy with SOAR, SEMNet is here to help. As a trusted provider of comprehensive security services, we can help guide you through the implementation process, ensure your SOAR solution is properly integrated, and provide ongoing support to ensure your business is secure from cyber threats.
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