According to the survey, 372 IT and security professionals have issues related to the organization’s security analysis or operation process, which results in cloud migration, digital transformation initiatives and IoT urging the requirement of the Top Managed IT Services. A growing skill-shortage is affecting the capabilities of the SOCs to do their job and disassociated security tools are preventing companies to get the full picture of the security posture. It is advisable to update the security operation service for a better understanding of the confluence factors determined by a report. Here are the key factors of the next-gen security operation service:

Cloud-based analytics and operations are important: As per the report, 82% of the companies are driven to shift their work and application to the cloud. On-premises security information and other analytic tools are not sufficient to manage and evaluate the cloud workload. Organizations would need a supplement or need to replace the on premise tool with cloud-based services. It offers processing abilities and storage ascended to meet the company’s requirement. The captivated pricing model and the possibility to eradicate the operational overhead linked with the on premise technology are two other components for attracting cloud-based security technology. 

Managed services can take pressure: An increasing cybersecurity skill shortage is driving the requirement for the managed threat detection and Network Security. Managed security analytics and operation services carry out a wide range of abilities comprising round the clock threat monitoring of the network, incident detection and response. As per the research, the market for service operation services would flourish from $372 million in 2019 to $ 1.1 billion by 2024. Banking, financial service organizations and insurance companies would adopt managed SOC service. 75% of the companies admitted that the security operation capabilities are lacking due to the available workforce and 70% of the organizations finds it difficult to hire SOC workforce.

Open architecture and layered analytics bring a picture to life: To increase operational and security efficiency, security operation services will need next-generation SIEM to merge data from various security tools. Security operation services will require open architecture and layered SIEM, user and entity behavior analytics capabilities. The data management part, the analytics component and data pipeline functioning require to be separated. The next-gen SIEM platform will need a combined interface and mission control to bring the data on the layered analytics. 36% of the organizations are working on empowering such integration.