CISO Summit No. 29: Red Teaming Exercises – What are your experiences, and how we can convert good SOC-teams into excellent teams?

In an era where cyber threats loom large over organizations, the role of Security Operation Centers (SOCs) has never been more vital. The urgency is clear – it’s not a matter of if you’ll be targeted, but when. Statistics tell us that the average cyberattack inflicts a staggering CHF 4 million in damage in Switzerland alone. Imagine what this sum could achieve if you proactively secured your digital infrastructure.

Establishing their own SOC is a daunting challenge for many small and medium-sized enterprises (SMEs). This is where fully managed SOC service providers offer comprehensive monitoring and incident response capabilities. Outsourcing SOC functions allows SMEs to access professional-grade security services without breaking the bank. However, rigorous training and exercises are imperative in this evolving landscape to ensure seamless cooperation between companies.

On the other hand, larger corporations often choose to build their in-house SOCs, establish collaborative networks with peers, and acquire real-time threat intelligence feeds. While these strategies offer unparalleled control, they demand a more sophisticated approach to training and development.

Learning from the collective experiences of SOC experts is paramount in optimizing SOC services. The pace of SOC advancements necessitates swift adaptation. Our upcoming round table presents an exceptional opportunity to share insights, explore red and purple teaming exercises, and uncover the benefits of these simulations. We also aim to delve into change and transformation processes, discussing strategies to elevate SOC maturity and identifying the prerequisites for transforming proficient SOC teams into exemplary units.