Navigating the Gartner Hype Cycle for Security Operations 2024: A Strategic Perspective
Staying informed about emerging technologies is essential in cybersecurity. The Gartner Hype Cycle for Security Operations 2024 report highlights key...
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Netenrich
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Tue, Jul 16, 2024 @ 06:30 AM
In an era of escalating cyber threats, understanding the evolving landscape of security operations is crucial. Our recent Hybrid SOC and Security Tools Strategy Report 2024 delves into the heart of this matter, surveying over 200 tool procurement decision-makers from U.S.-based organizations with 500+ employees. Participants included chief information security officers (CISOs), vice presidents/directors of information security/security operations, security architects, and InfoSec managers.
Our goal? To uncover what’s working, what’s not, and what’s on the horizon for them for cybersecurity practices and strategies. While the survey was comprehensive, we’ve distilled the findings into six key insights. How do these align with your experience in the field?
Many organizations are shifting towards a hybrid Security Operations Center (SOC) model, which combines in-house security operations with outsourced services to balance control and cost-effectiveness. According to the report, 33% of respondents use a hybrid model for round-the-clock coverage, while 60% manage their SOC entirely in-house. Only 7% fully outsource their SOC, indicating a preference for maintaining control and flexibility. This trend indicates a preference for balancing control and flexibility with external expertise.
Security risks continue to evolve, with decision-makers focusing on the interplay of hazard, exposure, and vulnerability. Key concerns include operational disruption, revenue loss, and reputational damage. To mitigate these risks, organizations must proactively review and update their security measures, addressing vulnerabilities across all aspects of the risk triangle.
Many organizations struggle to access real-time insights from enterprise telemetry. Their reliance on siloed tools and manual processes makes it difficult to identify unknown risks, preventing them from becoming proactive with risk mitigation.
A staggering 91% of respondents use more than 10 different security tools, with 37% using more than 30. Despite these investments in these tools, over half of the respondents still face challenges with data engineering and detection engineering.
Respondents are prioritizing their investments in these three areas.
Before investing in additional tools, 36% of respondents plan to optimize their existing tool stack. They evaluate the effectiveness of current tools by analyzing metrics such as the reduction in security incidents, response velocity, and incident recovery time. This focus ensures that future investments are targeted and effective at enhancing overall security posture.
As a security leader or practitioner, you can transform your current challenges into opportunities by shifting security operations from reactive to proactive and adaptive. Consider these actionable strategies.
Our Hybrid SOC and Security Tools Strategy Report 2024 comprehensively analyzes how organizations adapt their security strategies to address emerging threats and operational challenges. Gain valuable insights to help you navigate the complex security landscape with enhanced defenses.
Don't miss out on these crucial insights – download the full Hybrid SOC and Security Tools Strategy Report 2024 now and stay ahead in the ever-evolving world of cybersecurity.
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