The right people, processes, and technology. Those are the components of a security operations center (SOC), and they’re what every company needs to monitor, detect, and respond to today’s cyberthreats. The problem? Unless you’re among the Fortune 500, a SOC can be expensive to build and extremely difficult to manage.
Frost & Sullivan recently interviewed Arctic Wolf customers as they conducted a 3-year total-cost-of-ownership (TCO) analysis of building your own SOC versus buying Arctic Wolf’s SOC-as-a-service. In this report, Mike Suby, the VP of Research at Frost & Sullivan, appraises all the variables that go into the total cost of ownership of a SOC and concludes:
A DIY approach costs up to 9X more than Arctic Wolf’s AWN CyberSOC™ service
SOC expertise/staffing is the greatest cost consideration
SOC-as-a-service customers experience high rates of satisfaction