Managed Security Operations Center (MSOC)
Our Cloud Security SolutionFortify Your Defense Against The Rise of Cybercrime
Cybersecurity is the most important tech need in 2024, according to McKinsey & Company.
This is because data is the lifeblood of any enterprise. As the risk of extreme losses from cyber incidents continues to increase, cybersecurity has become an integral boardroom priority, viewed as an investment toward protecting reputation and the bottom line.
We all know how costly data breaches can be. Given that, according to Forbes, global cybercrime damage costs are expected to grow by 15% per year over the next two years, reaching $10.5 trillion USD annually by 2025, robust data security measures have never been more critical.
The risk of cyber security attacks and related costs continues to climb, more than doubling since the pandemic. Since 2017, the size of these extreme losses has more than quadrupled, reaching $2.5 billion in April 2024, and these costs are expected to continue growing by as much as 15% year of year.
Spryker’s MSOC Solution Safeguards Data 24/7, 365 Days a Year
Managed Security Operations Center (MSOC) provides intelligent automation to detect, prioritize, and respond to potential cybersecurity threats.
Offered as an additional service, Spryker’s MSOC solution delivers comprehensive platform protection by combining Artificial Intelligence, advanced security technologies, proven processes, and skilled security experts.
It does this through 24/7 real-time monitoring of your organization’s logs, providing a broad range of visibility and traceability of the attack chain to detect and react to cyber threats so you can conduct business with peace of mind.
MSOC’s Long-Term Value
- Lower Total Cost of Ownership: Reduce the expenses of building and maintaining an in-house SOC.
- Strategic advantage: Ensure business continuity and safeguard critical assets in a landscape where cyber threats are becoming more sophisticated and pervasive.
- Higher customer satisfaction: Higher levels of trust in your data mean higher customer satisfaction.
- Flexibility & scalability: Easily adjust to the needs of the business or in response to specific events.
- Brand reputation: Protect the brand by reducing exposure to the types of attacks that damage reputation.
- Compliance and reporting: Maintain alignment with industry regulations such as SOC-2, ISO-27001, HIPAA, SOX, PCI-DSS, and NIST.
- Cost-saving: FTE Efficiency and avoiding the business risks of downtime.
Better Monitoring with Faster Response Times and a Lower Cost
Faster Response: MSOC provides 24/7 active monitoring and incident responses 365 days a year, with reaction times as quick as 30 minutes, so that you can rest assured threats are identified and mitigated in near real-time.
Better Monitoring: Operating under the principle that customer data should never be passed to third parties or leave your infrastructure, MSOC offers a broader range of monitoring so that better judgment can be made on different attack patterns to mitigate issues and prevent downtime.
Cost: MSOC is less than half the price of alternative solutions. Moreover, with MSOC’s AI and automation tooling, companies save an average of €1.75 million per incident. This means the average savings from one mitigated incident would cover the MSOC service for 19 years.
Cybersecurity risk is growing, with attacks becoming more sophisticated and pervasive than ever. For example, 2024 began with an unprecedented cybersecurity event called the “Mother of All Breaches” (MOAB), which leaked 12 terabytes of information, including over 26 billion records organized across over 3,800 folders.
Take Your System and Data Protection to the Next Level
Spryker’s platform delivers enterprise-grade security natively, adhering to SOC Type II and ISO 27001 standards and ensuring your data is secure.
But, we understand that some industries are looking for heightened security, especially those who handle vast amounts of sensitive data and transactions.
For this reason, our MSOC service goes beyond best practices, allowing you to operate with confidence no matter the sensitivity of your business transactions, volume of data, or incoming threats.
MSOC Service
About Spryker
Spryker is the leading composable commerce platform for enterprises with sophisticated business models to enable growth, innovation, and differentiation. Designed specifically for sophisticated transactional business, Spryker’s easy-to-use, headless, API-first model offers a best-of-breed approach that provides businesses the flexibility to adapt, scale, and quickly go to market while facilitating faster time-to-value throughout their digital transformation journey. As a global platform leader for B2B and B2C Enterprise Marketplaces, Thing Commerce, and Unified Commerce, Spryker has empowered 150+ global enterprise customers worldwide and is trusted by brands such as ALDI, Siemens, Hilti, and Ricoh. Spryker was recognized by Gartner® as a Visionary in the 2023 Magic Quadrant™ for Digital Commerce and was also ranked as a Strong Performer in The Forrester Wave™: B2B Commerce Solutions, Q2 2022. Spryker is a privately held technology company headquartered in Berlin and New York. Find out more at spryker.com