Like the previous years, 2019 also witnessed the surge in data breaches and cyber-attacks. However, organizations having SIEM or/and SOAR system in place were better than those using traditional security tools. The cyber-attacks in 2019 were mostly related to financial crimes, supply chain attacks, phishing exploits, state-sponsored attacks, Grid attacks, health sector attacks, and attacks on IoT devices. Cybersecurity skills shortage was also one of the major concerns in 2019.
Data is a raw material, which is often unstructured, extracted in massive quantity, and requires processing before calling it an information and actionable intelligence. A good example is the Indicators of Compromise (IoCs). A big list of domain names or IP addresses can be ingested into the SIEM system to identify whether this list contains any malicious IP or not. If any suspicious IP is detected, then we can term this data as an actionable intelligence which has been evaluated from reliable sources, processed and enriched. Now, it can be used to identify trends, attack profile, and possible threats. In this article, we will see how data is gathered, processed, and act as an actionable delivery.
Cyber space is continuously evolving and so are the attack techniques employed by the attackers to harm a business, whether financial or reputational. With the increased malicious activities on the internet, cyber security is not a 9-to-5 job anymore. It requires continuous security monitoring of your organization’s technical infrastructure so that even if a security incident occurs, it is contained immediately and mitigated without causing large-scale damage to the organization.
Security Orchestration, Automation, and Response (SOAR) solution effectively deal with information security challenges and provide better defence against cyber threats. However, the organizations must be aware of important questions before deploying the SOAR solution. The following sections will take a deep dive to elaborate on these questions.
In the previous post, we discussed the basics of SOAR – Security Orchestration, Automation, and Response and how it is becoming a must-have for businesses across the globe. In this post, we will continue our discussion with how an SOAR solution can help an SOC in improvising its operations. Our experts have identified the following ways in which an SOAR solution proves to be beneficial for a business –