Make Your Security SOAR

IT teams are tasked with monitoring data from so many sources, there’s risk of information overload without security orchestration, automation, and response (SOAR).

A SOAR platform pulls together software designed to bolster organization’s security posture so your IT team can keep on top of all the data coming in from your various IT systems and threat intelligence platforms.

SOAR is a must-have tool in today’s dynamic digital business landscape – it allows IT teams and security analysts to be more efficient and responsive and reduces the need for human intervention.

ABCs of SOAR

A SOAR platform allows your security team members to prioritize their attention by collecting threat information, automating routine responses, and triaging more complex threats that pose a real danger to the organization.  

SOAR software has three core capabilities. It manages threats and vulnerabilities, responds to security incidents, and automates security operations. The goal is to collect as much data as possible and automate as much as possible by leveraging machine learning technology.

The “orchestration” in SOAR coordinates all your security and productivity tools so they can communicate – much like a conductor guides an orchestra of many different musicians. The coordination of firewalls and intrusion detection tools and streamlined security processes allows for a centralized response.

That response is automated wherever possible as to reduce the burden on your IT staff. The final response is also automated as much as possible, although SOAR provides the data necessary for people to intervene when necessary.

SOAR follows the rules

A SOAR platform knows what to do because it’s guided by a playbook which outlines your standardized response processes for security incidents – these standards allow you to prioritize your response to any threat and enables efficient collaboration. It is also integrated with your complementary security tools, including Security Information and Event Management (SIEM).

By using a SOAR platform to automate the ingestion of data and incident response as much as possible, your security team can keep pace with the onslaught threats. By leveraging machine learning, SOAR not only automates your security response, but also improves your readiness because it’s learning from historical data over time to anticipate threats before they happen.

How to start with SOAR

You can’t automate security when you don’t have in place it. If you want to fully benefit from the automation provided by a SOAR platform, you need to have the right security tools, process, and playbook already in place.

A managed service provider with a focus on security can help full flesh out your security operations, including development of workflows and a security playbook, so you can effectively implement a SOAR platform and reap the benefits that come with its automation and response capabilities.

There are many ways artificial intelligence (AI) and machine learning already impact cybersecurity. You can expect that trend to continue in 2024 – both as tools for data protection as well as a threat.

Balancing Cybersecurity Innovation Amid Evolving Threat Landscapes

Even as you implement AI and machine learning into your cybersecurity strategy through the adoption of tools like Security Orchestration, Automation, and Response (SOAR), Security Information and Event Management (SIEM) and Managed Detection and Response (MDR), so are threat actors. They will continue to update and evolve their own methodologies and tools to compromise their targets by applying AI and machine learning to how they use ransomware, malware and deepfakes.

With small and medium-sized businesses just much at risk as their large enterprise counterparts, SMBs must take advantage of AI and machine learning as mush possible. AI-directed attacks are expected to rise in 2024 in the form of deepfake technologies that make phishing and impersonation more effective, as well as evolving ransomware and malware.

Deepfake social engineering techniques

Deepfake technologies that leverage AI are especially worrisome, as they can create fake content that spurs employees and organizations to work against their best interests. Hackers can use deepfakes to create massive changes with serious financial consequences, including altering stock prices.

Deepfake social engineering techniques will only improve with the use of AI, increasing the likelihood of data breaches through unauthorized access to systems and more authentic looking phishing messages that are more personalized, and hence, more effective.

Countering Cyber Threats and Harnessing Innovation in 2024

If hackers are keen on leveraging AI and machine learning to defeat your cybersecurity, you must be ready to combat them in equal measure – just as AI and machine learning will create new challenges in 2024, they can also help you bolster your cybersecurity. While regulations are being developed to foster ethical use of AI, threat actors are not likely to follow them.

AI will also affect your cyber insurance as your providers will use it to assess your resilience against cyberattacks and adjust your premium payments accordingly. AI presents an opportunity for you to improve your cybersecurity to keep those insurance costs under control.

Conclusion

There’s a lot of doom being predicted around the growing use of AI and machine learning. And while it does pose a risk to your organization and its sensitive data, you can use it to bolster your cybersecurity even as threat actors leverage AI to up the ante. A managed service provider with a focus on security can help you use AI and machine learning to protect your organization as we head into 2024.

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