RELENTLESS CYBER THREATS CALLS FOR OMNIPRESENT PROTECTION With the rise of cyber crime attacks on businesses - each more sophisticated than the last, Ian Vickers of METCloud (pictured )speaks about how Security Operations Centre as a Service (SOCaaS) should empower, rather than hinder, modern SMEs. 2020 has been the year that tested the tensile strength of cybersecurity in businesses worldwide. With the migra on of teams working from home en masse, coupled with businesses changing their long term office plans in a new world beyond Covid, it is impera ve that SMEs recognise the need for the evolu on of their cybersecurity measures. According to the University of Maryland, hackers a ack on average 2,244 mes a day. This translates approximately to one attack every 39 26 europeanbusinessmagazine.com
seconds. In its Cost of a Data Breach Report 2020, IBM cited that it takes a business in the UK an average of 256 days to identify and contain a cybersecurity breach - that is approximately eight and a half months! As a result, the cost of breaches in the UK has averaged at £3.9 million with the service industry being most affected. Traditional cybersecurity measures do not cut it anymore. In a world where cybercriminals do not sleep, neither should the vanguards keeping them at bay.
ENTER SECURITY OPERATION CENTRE AS A SERVICE (SOCaaS) Delivered through a provider via a subscrip on, SOCaaS provides real me monitoring, detec on and analysis of cybersecurity threats. This is accomplished by proac ve detec on of advanced targeted attacks that would have otherwise been undetected by exis ng perimeter controls. SOCaaS marries the strengths of 24/7 surveillance through ML- and AI-based security tools with the
