Cyber threats are getting more sophisticated as more companies migrate to the cloud and remote work becomes a staple of a modern business. The changing dynamics of security threats and business processes have led to a fourfold increase in cybersecurity complaints and global losses from cybercrime exceeding $1 trillion in 2020.
Security operations teams not only manage internal threats but contend with software and
security vulnerabilities that can expose intellectual property and financial data to external entities. Ransomware, social engineering, DDoS attacks, and phishing attacks are all common external threats most SOC teams have to contend with.
