How many security tools does your organization currently have in place? Do you sometimes feel they are simply not worth it as you’re spending too much time analyzing logs and getting nowhere?
This is one of the most common pain points faced by many organizations around the world. Statistics say that the average enterprise has as many as 75 different security tools. Each of them sends a warning every time something unusual happens, meaning IT and cybersecurity teams are constantly flooded with alerts. Unable to address them all due to time and staffing restrictions, analysts ignore over 30% of alerts, potentially exposing their companies to cyber threats.
About a decade ago, security information event management (SIEM) solutions were introduced as one of the best ways of dealing with this very problem. But do they really work— and are they worth it, today?
Let’s look into the world of SIEM programs and reflect on one question that plagues today’s 21-century security specialists: “To SIEM, or not to SIEM?” And... if not to SIEM, then what?
What is SIEM, Exactly?
Security information event management (SIEM) combines features of two closely related security principles:
- Security information management (SIM). The retrieval of log data to generate reports.
- Security event management (SEM). The analysis of the event and log data to guide response.
SIEM products offer visibility into various threats by monitoring IT systems in real-time, collecting security log events, identifying deviations from the norm, and notifying IT teams.
SIEM was designed to allow IT analysts to concentrate on the most critical threats. In addition, they give organizations a good deal of control over what is happening with their network in real-time.
Why is Security Info Event Management so Important?
According to The Ponemon Institute, cybersecurity professionals spend about 25% of their time chasing false positives— which is not only wasteful but disheartening. This leads to alert fatigue, which is a primary cause of analysts ignoring alerts. No wonder SIEM solutions seem like a must-have for every organization. What cybersecurity professionals need is an easier way to address the thousands of alerts they receive every week.
In a recent 451 research study, more than half of all respondents said they are using SIEM solutions in their everyday work. Almost 92% of them agreed they would continue to do so even if the regulatory standards did not require it.
If Not SIEM, Then What?
Although SIEM solutions are becoming increasingly popular, many organizations solely utilize other tools and solutions to protect their environment. Some of the more common solutions include user and entity behavior analytics (UEBA), network traffic analysis (NTA), security operation center (SOC), managed detection and response (MDR), and managed security system provider (MSSP).
However, our experience shows that while these other solutions have their benefits, finding a completely satisfied user is difficult. What’s more, they often require a SIEM anyway!
New and more sophisticated cyber threats emerge every day. As a result, cybersecurity tools must evolve to keep up with them in order to close the “rate of learning” gap between bad actors and security tools built to stop them. Investing in more cyber tools may look like an attractive option, but we recommend a better solution - automation.
Finding the Best Autonomous SIEM Solution for You
Whether you are a big fan of SIEM or prefer to stick with a combination of other software tools that provide a slice of the security solution you need, Cybraics will streamline your cybersecurity efforts and offer you the best protection your organization deserves.
Our unique, fully autonomous SIEM and MDR platform will revolutionize your cybersecurity program by reducing 97% of traditional SIEM alerts and empower you with an easily managed set of curated, actionable cases.
Many of our customers started with an existing SIEM and implemented Cybraics’ autonomous SIEM and MDR platform to enhance their detection and analytics capabilities. Our machine learning and AI-based advanced behavioral analytics reduce false positives and find things typical SIEMs can’t see. The improved security and efficiency deliver even more cost savings when users sunset their legacy SIEM.
Cybraics combines the power and scale of big data, behavioral security analytics, artificial intelligence, and machine learning to automate 96% of security cases; our expert remote SOC team covers the rest, 24x7.
In the end, we help businesses focus on what really matters. Get in touch with us today to discuss the right SIEM solution to improve your security!