Calculate Your SOC Costs: In-House vs. NovaMDR

Cybersecurity is critical, but it's essential to understand the financial implications of different approaches. Our calculator helps you break down the costs of building and running an in-house Security Operations Center (SOC) versus leveraging ForeNova's NovaMDR service.

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Understand the True Cost of Security

Building and maintaining an in-house Security Operations Center (SOC) can be both complex and costly.

ForeNova's NovaMDR service offers a streamlined, cost-effective alternative. Key Points to consider:

  • Staffing Costs: Consider salaries for SOC analysts, engineers, and managers.
  • Technology Investments: Factor in the costs for security tools and software.
  • Training and Development: Include continuous training and certification expenses.
  • Operational Overheads: Account for maintenance, utilities, and other operational costs.

Use our calculator to compare the costs and see how you can save while enhancing your security posture.

Security Operations Center (SOC) COST CALCULATOR

  • 1-250
  • 251-500
  • 501-1000
  • 1001-2500
  • 2501-5000
  • 50001-10000
  • Healthcare
  • Financial
  • Pharmaceuticals
  • Energy
  • Industrial
  • Technology
  • Professional services
  • Transportation
  • Communications
  • Consumer
  • Education
  • Research
  • Entertainment
  • Media
  • Hospitality
  • Retail
  • Public sector

The Average Cost of a Data Breach (based on data from IBM's - The Cost of a Data Breach Report 2023 report)

€ 7.62M

Team Structure

Consider the required coverage (9-5 or 24/7) to determine the size of your team.

Total Base Salary for 8 FTEs: €480,000 (doubling the 9-5 scenario)

(Recruit a team of skilled cybersecurity professionals, including analysts, incident responders, and managers. Consider the required coverage (9-5 or 24/7) to determine the size of your team.)

Price based on the employees (business size) per year in EUROs

TEAM

€ 480,000

Technology and Infrastructure

Security Information and Event Management (SIEM) System

Invest in a SIEM solution for real-time analysis of security alerts generated by applications and network hardware.

Endpoint Detection and Response (EDR) Tools:
Implement EDR tools for continuous monitoring and response to advanced threats.

Threat Intelligence Platforms
Utilize threat intelligence to gather insights about emerging threats and adversary tactics.

Firewalls
Deploy these technologies to protect your network and endpoints from malicious activities.

TECHNOLOGY

€ 30,000

ENDPOINT

€ 12,000

THREAT

€ 36,000

FIREWALLS

€ 13,200

Operational Costs

Resource Management

Regular Assessments

Compliance and Governance

Standard Operating Procedures (SOPs)

Develop Incident Response Plans

Culture and Awareness

OPERATIONAL

€ 53,000

TOTAL IN-HOUSE COSTS

Estimated cost of building your SOC team in-house.

TOTAL IN-HOUSE COSTS PER YEAR

€ 624,200

NovaMDR Pricing

Approximate cost of NovaMDR based on the number of endpoints

NovaMDR

€ 12,500

We Solve Common Business Challenges

1. Complex IT Environments

2. Expertise and Staffing

3. Compliance Pressures

4. Threats to Sensitive Data

5. Ransomware and Cyber Attacks

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Why Choose NovaMDR?

 Explore the key benefits of NovaMDR.

  • 24/7 Monitoring: Round-the-clock protection from our team of cybersecurity experts.
  • Cost Savings: Significant reductions in staffing, technology, and operational costs.
  • Expertise on Demand: Access to certified professionals without the need for extensive in-house resources.
  • Scalability: Easily scale your security operations as your business grows.
  • Compliance Support: Assistance with meeting regulatory requirements and maintaining compliance.

 

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Request a Custom Quote

Get Your Custom Quote Today!

Ready to see how much you can save with NovaMDR?

Contact us now for a personalized quote tailored to your specific needs.

Our team of experts will provide a detailed cost analysis and help you understand the benefits of switching to ForeNova’s managed detection and response service.

Secure your business efficiently and affordably with NovaMDR.

 

Call for help:

General Line: +31 20 700 8895

Monday- Friday | 09:00-17:00

Mail for information:

marketing@forenova.com

Head office address:

ForeNova Technologies B.V. Kingsfordweg 151, 1043 GR Amsterdam, Netherlands

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