2023 went down in history as the worst year for phishing attacks on record, with nearly 35 million attempted business email compromise (BEC) attacks detected and investigated, according to the Microsoft Threat Intelligence Cyber Signals report. Unfortunately, phishing analysis is one of the most time-consuming tasks for the SOC. Responding to a phishing incident requires careful examination.

The security operations center, or SOC, is the backbone of modern security operations. By centralizing security monitoring, detection, and response, SOCs help organizations manage security risks more efficiently and effectively. But simply setting up a SOC doesn’t guarantee optimal security workflows. To get the very most from your SOC, you must automate its operations as much as possible.

The benefits of a security operations centre (SOC) are most obvious when you don't have one. For example, imagine it’s 3 am on a Saturday morning and a hacker breaks into your organisation's systems. There’s no one to detect the intrusion and no one to deal with it either. In fact, it’s not until a member of your sales team notices they are locked out of the network on Monday morning that anyone even knows there is something wrong. After that, things start happening very fast.

A law firm can only be successful if it can meet the needs of its clients, and few components put that success at risk more than the rising danger and repercussions of a cyber attack. In addition to the time, effort, and money a firm must spend responding to a successful breach, employees may find themselves unable to access the firm’s technology and, therefore, unable to bill hours.

The following is adapted from a conversation between Torq and Robbie Jakob-Whitworth, Cybersecurity Solutions Architect at Next DLP. Next DLP is a leading provider of insider risk and data protection solutions. Read on to learn how Robbie has used Torq Hyperautomation to automate alerts and reduce alert fatigue within his organization.

Cyberthreats are escalating and SOC budgets are tightening. It’s a recipe for disaster, that is, unless you take advantage of new technologies that keep both in check. The fact is, businesses are now spending nearly a third of their cybersecurity budget towards running an in-house SOC, averaging out to $2.86 million per year, according to Ponemon.

Today’s SOC analysts are drowning in myriad notifications. They’re trying to parse what’s real, what matters, and what’s a genuine threat to the organization. This exhausting daily routine is significantly contributing to job dissatisfaction and the high turnover rate in SecOps teams. But there’s a major new innovation that solves it: AI-driven hyperautomation.