Optimal technical controls, SOC support needed to protect against ransomware

Managed security service providers procure the SIEM and SOAR technologies upfront, and leverage off economies of scale in that the cost of these tools are factored in among multiple clients, says Dr Pierre Jacobs, head of operations and compliance at CyberAntix.

Setting up an internal SOC capability is typically three times more costly than utilising an outsourced model, says CyberAntix.