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1. Create an in-house SOC using FOSS (Free and Open Source Software) solutions.
Examples include ELK Stack, OSSEC, and Kiwi Syslog Server.
2. Create an in-house SOC using commercial solutions.
3. Outsource the SOC to a third party MDR or SOCaaS. Assume that no members of
the IT Security team will need to be eliminated if this option is selected since the
vendor would simply end up being an extension of the existing team.
Be sure to include important data points such as additional FTEs (Full Time Employees),
software licenses, cloud instances, and storage requirements. The average salary for a
SOC/cybersecurity analyst is about $90,000/yr so use that for calculating FTE costs.
Please provide 4 Sources
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