Panel 1: Security Orchestration & Automation and How it Relates to the Workforce & Retention presented at CyberSecuritySummitNewYork 2020

by Dave Lewis, Nathan Wenzler, Kevin Kennedy, Ron Bennatan, Harish Sekar, Torsten Larson, Stuart Winter-tear,

Summary : Security teams today are being overwhelmed by the massive amounts of data collected by their various protection tools and in most cases, these security teams do not have the budget to hire external Security Operations Center (SOC) analysts. As such, companies are looking to implement an automated response system by using SOAR (Security Orchestration, Automation and Response) tools in an effort to relieve some of the burden on their already understaffed security teams and increase efficiency.In a recent survey of more than 1,400 IT security professionals, 79% reported that their organization has existing automation tools and platforms in place (29%) or are planning to implement them within the next six months to three years (50%). However, this is not a simple solution for many companies as the successful implementation of automation requires a well-trained and educated team. In fact, 56% of organizations from this same survey indicated that they don’t currently have the in-house expertise required to effectively use these tools. This presents a problem as the shortage of gap between workforce demands and skilled cyber security professionals in the field is larger than ever and steadily increasing. According to another report, it is projected that by 2021, 3.5 million cyber security jobs will be unfilled; that’s a 350% increase in open positions from 2013 to 2021.This panel will provide an understanding on SOAR tools, the importance on training your security team to understand and leverage these tools to more rapidly detect and respond to threats, and ways to attract and retain talent.