Delegating Cybersecurity to SOCs: Risks and Benefits

Cybersecurity experts commonly advocate for the establishment of in-house Security Operations Centers (SOCs) operating 24/7 within each organization. However, they often face budget constraints that limit their ability to invest in expensive digital infrastructure or specialized talent. As a result, a significant number of Chief Information Officers (CIOs) have opted to outsource their security services. This decision should be accompanied by a diligent assessment process, or risk invertedly impacting the continuity, success and security of their business operations.

The shortage of specialized IT talent in the workforce has compelled businesses to delegate their cybersecurity needs to third-party providers. These subcontractors furnish the infrastructure, systems, applications, data storage and other essential IT resources for effective cybersecurity resilience. In fact, 81% of organizations identified that the scarcity of capacitated technology talent has impacted their business in a negative way, obstructing their potential security independence, according to an ESG study. 

While not ideal, CIOs recognize that cybersecurity vendors often invest in cutting-edge tools and technologies, which individual organizations might find challenging to procure and maintain. By outsourcing cybersecurity services, CIOs can leverage these advanced solutions without incurring the associated costs. Additionally, third-party vendors provide round-the-clock monitoring and support, bolstering an organization's defense against cyber threats that can strike at any moment.

Altogether, outsourcing cybersecurity can prove cost-effective compared to building an in-house security team; nevertheless, cybersecurity experts advise CIOs to carefully consider several critical factors before entrusting their cybersecurity needs to a third-party SOC. Foremost among these considerations is ensuring that the SOC provider utilizes advanced technologies and robust mechanisms for early detection of suspicious activities, coupled with effective real-time responses. Moreover, not to be overlooked, it is highly recommended that CIOs confirm the certification of the IT specialists working within the subcontracted SOC.

Apart from these qualifiers, cybersecurity experts also advise CIOs to seek a provider capable of adapting to their specific business needs. Furthermore, it is essential to ensure that the SOC provider can integrate to existing security solutions and policies to safeguard previous investments. Additionally, CIOs must ensure that the chosen SOC provider is well-versed in industry-specific regulations relevant to the organization's sector. This step is crucial for business continuity, as organizations employing third-party services may still be held accountable if they fail to meet compliance standards.

As the threat landscape evolves, proactive cybersecurity management will be instrumental in safeguarding Mexico's digital infrastructure and economic stability. A capacity that stands to benefit from the country's recent nearshoring potential, as it could attract the establishment of efficient, resilient and professional SOCs across the country.