There are many benefits to outsourcing your SOC to a third party provider, however the main one is how cost-effective it can be compared to building a team in-house.
A SOC team will require at least 10 analysts to operate 24/7, taking into account different shift patterns. The cost of hiring, training and retaining staff can therefore quickly add up, especially with the lack of qualified cyber security professionals available.
Outsourcing your SOC is a much more cost-effective way to ensure that your business is being protected 24/7 by security experts, without the hassle and expense of maintaining your own team.
Some other benefits of an outsourced SOC include:
No need to recruit and retain security professionals
Access to qualified staff 24/7
A wide range of threat intelligence data
Only pay for what you need
No need to worry about the maintenance or tuning of your SIEM deployment