You have probably read IBM’s “Cost of a data breach 2024” report. Or at least you’ve heard about it. The numbers are hard to ignore: breaches involving public cloud now average $5.17 million. Overall, the global cost of a data breach has seen a 10% increase over the previous year and hit an all-time high of $4.88 million. And most concerning, it takes an average of 204 days to identify a data breach and 73 days to contain it.
Would you trust your DIY security setup to stop a breach that may cost an average of $5.17 million? Or to detect a breach in less than 204 days? We will examine why a managed approach might be not just better, but perhaps the only way to achieve true protection.
While it is important to be able to react to incidents in a structured and timely manner, it is much more important to take the necessary steps to stop threats before they turn into incidents.
Our Managed Security Operations Center (SOC) takes a proactive approach, providing your organization with enhanced protection against evolving threats through continuous monitoring and proactive threat hunting using advanced analytics and threat intelligence. We don’t wait for attacks to happen, we seek out vulnerabilities and misconfigurations before they impact your business.
This stance is vital because “the dwell time” — the time an attacker is present in your network before being detected — can be weeks or even months. Attackers often operate with patience and the longer an attack is undetected, the more damage they can do to your systems. Proactive security aims to minimize downtime, reduce risk, and stay ahead of cybercriminals.
Building a security function is hard and expensive. You have to take into account the cost of people, training, tooling, and operational costs, which can easily exceed $1+ million per year.
Our Managed SOC offers a cost-effective alternative. It provides your organization with 24/7 continuous security monitoring from our team of certified security professionals worldwide without the need for a dedicated in-house team.
You gain access to this expertise, along with advanced security technologies like SIEM, threat intelligence platform, and SOAR for automated incident response, all at a predictable monthly cost that can be 70% to 80% less than building your own SOC. We understand that entrusting your security to a third party is a big decision. This is why we prioritize transparency, communication, and collaboration, ensuring you have complete visibility into our security operations.
A cyberattack significant enough can put you out of business in less than a week. Not only because of the financial and reputational damage it will incur, but also the hefty regulatory penalties. Failure to comply with regulations like PCI DSS or GDPR can result in fines ranging from thousands to millions of dollars, depending on the severity of the violation.
Our Managed SOC helps you mitigate these risks by improving compliance with relevant regulatory standards and providing rapid incident response and resolution to contain breaches quickly. We provide detailed documentation and reporting to demonstrate your compliance with security best practices, protect sensitive data, and minimize the potential for costly breaches and legal repercussions.
With our comprehensive and continuous security monitoring, you can confidently demonstrate a strong security posture to customers, partners, and regulators to build trust and safeguard your business.
Don’t gamble with the security of your business. The Managed SOC from Revolgy delivers enhanced protection, reduces risk, and improves compliance while staying cost-effective. With 24/7 continuous security monitoring, proactive threat hunting, and rapid incident response, we will help you focus on your core business with confidence and the knowledge that your valuable assets are protected by a team of experts.
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