Strengthening Cyber Defence through SOC Optimization: Lessons from Incident Response in Financial Services
DOI:
https://doi.org/10.63282/3050-9246.IJETCSIT-V1I3P104Keywords:
SOC Maturity, 24/7 Monitoring, Security Information and Event Management (SIEM), Security Orchestration, Automation and Response (SOAR), Incident Detection and Response, SOC Playbooks, Security Operations ToolsAbstract
The rapid evolution of cyber threats has rendered traditional cybersecurity measures insufficient, especially in highly targeted sectors such as financial services. Security Operations Centers (SOCs) serve as the frontline defense, offering centralized monitoring, detection, and response capabilities. However, optimizing SOC operations to address sector-specific challenges remains critical. This paper explores the unique cybersecurity landscape of financial institutions, highlighting lessons from incident response that emphasize detection, communication, and post-incident improvements. By leveraging case studies and real-world applications, the paper outlines strategies for enhancing SOC efficiency, such as integrating advanced analytics, adopting automation, and implementing tailored workflows. These insights aim to provide actionable recommendations for SOC managers in financial services to strengthen cyber defense mechanisms
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