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The CEO’s Guide to Managed SOC Services

The CEO’s Guide to Managed SOC Services

As the CEO, consider Managed SOC Services to protect your organization. The security of your organization is only as strong as the team, regulations, tools, and services you approve.

What are Managed SOC Services?

Cybersecurity needs vary from organization to organization and are implemented per structural cybersecurity priorities and risk tolerance. Most managed SOC services will manage an incident from detection to remediation; others will focus on supporting and coordinating incident responders and handling incident response communication — e.g., status updates and third-party communication.”

Managed SOC services provide 24/7 proactive security monitoring, vulnerability management, and incident response and remediation. This is especially attractive for businesses that are attacked frequently but do not have the resources of large enterprises.

With the flexible commercial models and deployment options, Managed SOC Services are a cost-effective way for organizations to leverage all the benefits of a SOC without incurring the significant overheads and outlay associated with building and deploying their in-house security center.

The suite of Managed SOC services delivers information security monitoring, incident response, and vulnerability management services that are essential to counter the sophisticated threats of today.

When you outsource the management of a SOC to an MSSP like Cybriant, your organization can quickly improve its cyber security defense without spending exorbitantly on additional infrastructure or keeping a large team of expensive security experts.

How to Meet the Guidelines for the NIST Cybersecurity Framework

Continuous Monitoring with Managed SOC Services

An outsourced team of security experts provides 24/7 continuous monitoring of your environment. This team investigates all incidents that appear to be suspicious and takes immediate remedial action if malicious activity is detected.

24×7 security monitoring utilizing leading Security Information and Event

  • Management Systems (SIEM).
  • Monitoring of firewall, IDS, anti-virus and operating system logs, and any other sources of security events.
  • Going beyond the SIEM and other deployed technology and actively searching for breaches (Premium Service).
  • Threat detection and rapid incident remediation (Premium Service).

Threat Intelligence

Security analysts and researchers augment third-party intelligence feeds with threat information generated internally. Additionally, they filter data to highlight specific threats relevant to Managed SOC services customers and their business interests. Threat intelligence plays a critical role in enhancing the detection capability of outsourced cybersecurity monitoring.

Incident Response & Forensics of Managed SOC services

Upon detecting a breach, a member of the Managed SOC Services team will launch incident remediation measures in close coordination with the customer’s IT, team, working to contain the threat whilst ensuring minimal disruption to business activity. This is followed by a thorough incident response and forensic analysis exercise to determine the root cause, eradicate the breach and improve defenses to prevent occurrences of similar breaches in the future.

Here are 3 Benefits of an Incident Response Plan

When you work with a Managed Detection & Remediation team like Cybriant, you can control a breach and remediate it as needed.

Vulnerability Management

An outsourced Managed SOC services team detects vulnerabilities in your IT infrastructure using cutting-edge technology. This team will remediate vulnerabilities to minimize their risk exposure.

  • Continuous vulnerability assessment.
  • Vulnerability tracking & prioritization.
  • Vulnerability remediation.

Ongoing Improvement of Security Posture

Acts as advisor and helps you continuously improve security posture by helping the company define better policies and processes.

Compliance with Applicable Security Standards and Regulations

By working with an MSSP, they can help you achieve compliance with standards and regulations such as HIPAA and PCI DSS. Managed SOC services offer continuous vulnerability management and improvement of security posture to help you meet or exceed the requirements of these regulations.

Low Total Cost of Ownership of Security Technology

Security requires investing in an array of software and tools and operating them in an integrated fashion. Our security operations team has a system of over 30 security tools and applications to secure networks and critical data, saving you the cost and effort. An outsourced model saves you significantly in product license and support costs.

Benefits of Managed SOC Services:

  • Continuous insight into the company perimeter is the only way to effectively manage and respond to threats.
  • Real-time strategic insight into risk by certified professionals.
  • Streamlined processes for continuous monitoring and deeper assessment.
  • Preemptively mitigate risk by minimizing vulnerability exploitation time-frames.

Types of Security Assessments

  • Security review of organizational security strategy, governance approach, policies, standards, risk management, and staff awareness.
  • Technical security review of IT infrastructure, networks, architectures, systems, security procedures, and physical security.
  • Combination of both.

Security Strategy and Roadmap

Once a security assessment has been completed it can form the basis for a security strategy.  A security strategy outlines a prioritized plan of action for improving the security posture. Many times we may recommend our managed SIEM services which will help your organization honestly acknowledge the specific risks and challenges and provide a pragmatic approach to managing them. Our systems analysts can focus and coordinate efforts to provide a logical strategic structure that contains three elements: a diagnosis, a guiding policy, and an action plan. This approach is focused on ensuring that you become resilient against an ever-changing threat landscape and that ultimately the organization’s core business operations are protected.

We recommend starting with a cybersecurity framework like NIST that will help you avoid the common mistake of broad ambiguous security goals, ambitions, and vision and instead focus efforts on a set of coherent strategic objectives and implementable actions.

By identifying the state of security, Cybriant will work with you to agree on the right target state to optimize security and develop a prioritized roadmap to achieve it.

NIST Cybersecurity Framework

 

PREtect: Cybersecurity Made Easy

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Cyber Security Best Practices for Protecting Data in Motion

Cyber Security Best Practices for Protecting Data in Motion

Data in Motion (DiM) is any information that moves across a wire to a new location. Here are the top cyber security best practices when dealing with DiM.

Data in Motion (DiM) is any information that moves across a wire to a new location. Think of DiM as the information customers send to your database or the data that you transfer from a database to a web server.

Data in motion can be intercepted and stolen by hackers using man-in-the-middle (MitM) attacks, sniffing tools attached to your network, or even hijacking a user’s email account.

DiM is the most vulnerable to theft since it’s no longer in control by your security administrators, so organizations must create standards when dealing with it to stay in compliance with major regulatory standards and to protect customers from identity theft.

How to Determine Data in Motion versus Data at Rest

When discussing the two states of data, data has two forms: data in motion (DiM) and data at rest (DaR). The two forms need cyber security standards to protect from vulnerabilities, but DiM is any information passed along a wire. Data at rest is the information you store on a database, storage device, optical media, or any other form where it’s archived and does not move to another user.

DaR can become DiM during the transfer of information, but once it becomes DiM cyber security administrators use different strategies to protect it. To determine when data is in motion, just ask yourself if the data is moving from one location to another. If the answer is “Yes,” then you have data in motion and you need to take the necessary precautions.

Several regulatory guidelines require that DiM is protected in specific ways. These guidelines include HIPAA, SOX, PCI DSS, FISMA and several more oversee the way user data is handled and best practices when working with specific types of data.

For instance, HIPAA has regulations for healthcare data. PCI and SOX oversee the way financial data is stored. If any of these regulatory organizations oversee your data, you must comply with best practices or face the possibility of high fines for data breaches from poor cyber security procedures.

Read more: IT Security Best Practices Checklist

What Risks are Involved with Data in Motion?

Once data leaves a secure storage device, it’s in motion and vulnerable. It’s vulnerable to insider threats even if it’s transferred only between two people within the organization. It’s even more vulnerable after it leaves the organization over the Internet.

The frustrating part of cyber security and DiM is that administrators no longer have control of any data once it leaves the internal network. This is what makes DiM so vulnerable and any internal cyber security is rendered useless.

The biggest risk with DiM is that it’s usually sent to someone outside of any strict organization’s cyber security rules. For instance, a customer service person could send data to an end-user by email. This data is secured on the network, but once it reaches the inbox of a third party, it’s vulnerable to attacks on that entity.

The third party could suffer from an attack on their email account, or the third party could send the data to another user. Cyber security standards are lost once your data leaves the organization, so rules overseeing DiM should be strict and distributed to all users on the network.

Related: Vulnerability Assessment vs. Risk Assessment

Avoiding Data Breaches with DiM

Cloud sharing tools are one of the biggest culprits in cyber security breaches. In November 2017, the US Pentagon exposed data when it failed to properly configure its Amazon Web Services account. In the same month, US Army intelligence documents labeled “Top Secret” were also exposed due to poor security settings.

With cloud tools, organizations must understand the right settings to protect the organization from data breaches. Although the data is stored in a secure cloud setting, data is moved to this location and intercepted as it moves from one location to another.

Other cloud storage devices are also at risk such as Google Cloud Storage or Dropbox. Employees might share data with users outside of the organization using these services, and they can be improperly secured accidentally by employees who don’t understand the implications of failing to restrict access to the public Internet.

It should go without saying that data passed over the Internet should be encrypted. It’s not uncommon for organizations to pass data along the wire within the organization unencrypted. This type of DiM has been a source of data breaches, including the Target credit card theft in 2013. While most standards don’t require encryption with internal data, you should encrypt it whenever possible to avoid an “easy” attack from an insider.

In no way should an employee send private data in email communication. All data should be reviewed, edited, and created on a controlled platform such as a web server. Users should not send private data in email, but you can’t control the information sent from a third party.

You can set regulations and standards for employees when they email customers. All employees should fully understand that sending data in email is a security risk and could expose the organization to fees and fines due to poor cyber security procedures. Should the recipient get hacked or send data to another entity, the organization has no control over DiM exposed in the process.

Automation is common in IT, but it shouldn’t be used when sending data to a third party. For instance, you might have data sent to a third-party marketing organization. All data should be reviewed before sending this type of data to someone outside of the organization. Any automation tools can have bugs or deliver the wrong data, and you can’t get it back. This would be an example of a data breach that would need to be reported, and it can lead to fines and lawsuits.

Securing DiM requires several steps. You first identify the data at risk and then determine if you must follow any regulatory standards that oversee the way that data is managed. Risk management gets involved with identifying any data and factors that could affect your DiM, so you should consult cyber security specialists that can help you find all data in motion that could be affected.

Once you know DiM is vulnerable to attacks, you can take the necessary steps to secure it. It could take analysis and change to current procedures, or it could be the addition to better encryption and cyber security implementations. Since this data is the most vulnerable to attacks, you should always use the best ways to ensure that hackers are unable to intercept it and use it for identity theft.

Learn More Cybersecurity Best Practices