What is SIEM?
SIEM stands for Security Information and Event Management. It is an advanced cybersecurity technology that supports security incidents and threat detection. It does that by collecting and analyzing both historical and real-time data. It extracts data from all the devices and applications into one platform.
When an attack is about to occur, it provides insight into all the major IT components like servers, firewalls, and gateways. It also allows enterprises to quickly analyze and identify potential cybersecurity threats and correct them on time. AT&T Cybersecurity, ArcSight ESM, IBM QRadar, Splunk, and McAfee SIEM are some of the top SIEM tools used by enterprises.
Why is SIEM Important for your Business?
Here are the top advantages of SIEM:
Provides a Holistic View
SIEM provides a comprehensive view of an enterprise’s information security system. All the information is saved in a centralized repository. It includes firewalls, applications, and networks. The authorized people can access and analyze this information to keep their systems safe.
Do you know that SIEM can retain and analyze almost 100% of logs across various systems and platforms? The security operations team can use these logs to find probable cyber threats and develop combating strategies. They can also use these logs to strengthen their current data security systems and establish future threat detection strategies.
Many SIEM tools help in producing compliance reports. These tools can effectively collect data across the entire infrastructure and check for violations. The information generated here can help the security operations auditors to review compliance standards. This whole process can help companies stay ahead of evolving violations.
Companies need help finding correlations between events and data. Moreover, it can play a vital role in this aspect. It can offer more content to their data. Many SIEM tools use industry models to categorize common abnormalities and correlations. This process makes identifying security concerns and fixation quite easy for enterprises.
No business is immune from cyber threats. Even the US national weapon system is vulnerable to cyber-attacks. SIEM can become a boon for such organizations as it can detect impending danger effectively.
This technology analyses collected data and compare it with the present real-world examples. This data also helps analysts identify potential threats and alleviate it at the earliest. SIEM tools also use machine learning and threat intelligence to recognize upcoming threats as they arise.
Unauthorized Network Detection
It can also play a vital role in detecting unauthorized network connections. It is a boon for companies constantly under the threat of cyber-attack, malware, and phishing. SIEM has emerged as the most effective way to protect companies during such incidents.
Do you Need SIEM in your Business?
Considering the wide range of advantages, yes. If you are a small or medium-scale business, you should consider investing in this promising technology. In addition, it is an emerging technology expected to reach the 5.5 billion mark by 2025. Moreover, it can also help you become a cyber-resilient organization. In a nutshell, going for it will pay you off in spades in the coming times.