Expert answer:Introduction: A security operations center (SOC) is a facility that houses an information security team responsible for monitoring and analyzing an organization’s security posture on an ongoing basis. The SOC team’s goal is to detect, analyze, and respond to cybersecurity incidents using a combination of technology solutions and a strong set of processes (Lord, 2017). It’s not easy to wrap your mind around any concept if you under evaluate its necessity, especially when it comes to a concept that will divert more profits. The question while Sifers-Grayson does need security operations center is a straight forward question, in other words is a no or yes question, and the answer is yes. Having a totally dedicated Security Operation Center has numberless benefits, but the benefit that outweigh all other benefits is the improvement of security incident detection through continuous monitoring and analysis of data activity. By analyzing this activity across Sifers-Grayson’s networks, endpoints, servers, and databases around the clock. In the incident response process angle of view, SOC teams are critical to ensure timely detection and response of security incidents.Incident Detection: The 24/7 monitoring provided by a SOC will gives Sifers-Grayson an advantage to defend against incidents and intrusions, regardless of source, time of day, or attack type. The gap between attackers’ time to compromise and enterprises’ time to detection is well documented in Verizon’s annual Data Breach Investigations Report, and having a security operations center helps organizations close that gap and stay on top of the threats facing their environments (Lord, 2017).Containment: When a breach is first discovered, your initial instinct may be to securely delete everything so you can just get rid of it. However, that will likely hurt you in the long run since you’ll be destroying valuable evidence that you need to determine where the breach started and devise a plan to prevent it from happening again (Ellis, 2016). Having a dedicated SoC is critical to contain a breach.Eradication, & Recovery: Eradication is the process of getting rid of the issue on the system or network, and recovery is the returns to normalcy. During this time, it’s important to get your systems and business operations up and running again without the fear of another breach.Conclusion: To be successful, Security Operations Center and monitoring and the subsequent phase of the incident response, require the right mix of sound technologies (Paganini, 2016). As the SOC strategy must be both clearly defined and business-specific, said strategy is strictly dependent on executive levels’ support and sponsorship, otherwise, the SOC itself will not be able to work properly, and it will not be perceived as a critical asset by the rest of the organization. The SOC must aim at addressing the company’s needs, and a strong executive sponsorship is necessary for it to be successful.Works CitedEllis, D. (2016, May 10). 6 Phases in the Incident Response Plan. Retrieved November 28, 2017, from securitymetrics.com: http://blog.securitymetrics.com/2017/03/6-phases-i…Lord, N. (2017, July 27). A DEFINITION OF SECURITY OPERATIONS CENTER. Retrieved November 28, 2017, from digitalguardian.com: https://digitalguardian.com/blog/what-security-ope…Paganini, P. (2016, May 24). What is a SOC (Security Operations Center)? Retrieved November 28, 2017, from http://securityaffairs.co: http://securityaffairs.co/wordpress/47631/breaking…
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