Security Operations Centers

What is a Security Operations Center?

The risk of experiencing a data breach has significantly increased in recent years, with one in four businesses likely to experience a security incident within a year. In the absence of proper security measures, any business is at risk of incurring the costs of a cyber attack, which on average amounts to 3.8 million dollars. A Security Operations Center (SOC) is a real-time monitoring system that detects and alerts businesses of attempted or actual breaches. At Barricade IT Security, our state-of-the-art AI technology is designed to protect our clients’ digital assets from bad actors around the world. Our custom-built SOC’s are designed to filter out “white noise” and monitor data flows in real-time.

The Cost to Run an Internal Information Security Operations Center.

It is crucial to understand the expenses associated with operating an internal Information Security Operations Center. Neglecting to do so can result in a significant impact on your organization’s budget. By thoroughly analyzing the costs involved, you can make informed decisions that optimize your security operations while minimizing expenses. Don’t underestimate the importance of cost analysis when it comes to maintaining your organization’s security

An internal Information Security Operations Center (SOC) typically consists of around 12 members, assuming it runs 24/7. Based on a conservative salary of $75,000 per employee (excluding medical benefits, paid time off, and employer-offered perks), a company can expect to incur an annual cost of approximately $1.2 million in overhead expenses. The time and resources required to hire and train the right talent further add to this cost. This is why our 24/7 monitoring services are in high demand.

At Barricade IT Security, we can provide you with a customized SOC deployment, either within our data centers or yours, and monitor it round-the-clock at a fraction of the cost it would take for you to manage it in-house.