Find The Best SIEM For MSSP
A recent government review shows that 80% of business owners consider network security operations to be a top priority for their management committee. Working from home has also highlighted the importance of network security for those in the IT sector and business owners. To make sure their operations run smoothly and safely, these businesses and sectors must put monitoring and managing security events at the top of their to-do lists.
Security management is never an easy operation when there is a rise in complex IT environments and a steadily rotating network security scenario. IT operators are also required to design an efficient network security structure, with the evolution of cyber threats occurring daily. This equipment can help in cyberattack prevention and protect the functions of their services. The benefits of investing in SIEM solutions for businesses are many, as can be seen here.
What is SIEM?
Security Information and Event Management (SIEM) is a progressive approach to security management that adds security event management and information management functions into an existing security management system. It gets security information from the system network and uses analytics to find threats, find trends, and let your organization find out about any system notifications.
IT consultants configure a SIEM solution to safeguard the IT hierarchy from outside attacks. This security management can also be set up to keep threats at bay and provide data protection solutions by instinctively managing detected threats. However, SIEM should be screened at close range by expert engineers to deal with more complex attacks without leaving anything behind.
Why SIEM is an Essential Investment
SIEM is a critical investment for all types of businesses because it enables owners to have a manageable security network by isolating a significant amount of security information and making security notifications generated by the software, a front liner. With the right security information and event management software, businesses and organizations can find data incidents that they hadn’t seen before.
The software can resolve complex log entries, which helps in indicating both current and previously unidentified harmful activities. The system also collects outcomes from several other sources throughout the network. It then generates a new attack schedule, allowing an organization to assess the nature of the threat on the system and how it may impact the business.Ā
Investing in a SIEM system can assist businesses and individuals in meeting compliance obligations.This is done by creating automated information reports that contain all the security details of events across these sources. SIEM software is a very efficient investment for companies. Many establishments would get stuck on compiling log data and manually gathering reports without using it to get the job done more accurately and efficiently.
Security information and event management go a long way in improving incident management, thereby allowing the security consultants of a company to identify the course of an attack on the system. It is a cyber security benefit, and it helps discover the source that has already been breached. Also, it automatically provides the necessary tools to stop the attack from making advancements that would cause more problems.
Some of the general benefits of SIEM include the following:
- SIEM shortens the time required to identify unique threats and reduces the damaging effects of system threats.
- It provides a complete view of a company’s data security environment by making it easy to analyze and gather security data. While it keeps the system protected, the company’s information is kept in a close location for safekeeping and easy accessibility.
- Organizations can use SIEM for many functions that revolve around logs or information, including audit and compliance events, security programs, troubleshooting, and help desks.
- It gives companies a lot of data support and makes it possible for data to flow and for the business to grow.
- It allows companies to detect impending attacks on their systems through security notifications.
- It does a specific investigation to find out about security breaches on the company’s network, both in the past and right now.
The SIEM solution also has some downsides, and they include the following:
- Although SIEM is an effective tool, it takes a long time to work because it needs adequate technical support before an accomplished integration within a company’s security management and the host system is guaranteed. Typically, it can take 90 days or more to successfully install SIEM before operating.
- SIEM is an expensive investment. The first-time investment can cost your company hundreds of thousands of dollars. The later amount can sum up to about the initial one. It can include the amount for personnel management, screening of all SIEM implementations, yearly support, and agents or software to retrieve information.
- A few SIEM systems are controlled directly within the centralized scope of network security operations. The inside operation has many data security individuals to solve problems related to the company’s network. Integrating, configuring, and analyzing detailed reports can only be done by security consultants who are experts in the field.
- If a SIEM tool isn’t set up right, it might miss some important security events, which could lead to bad risk management in data security.
- Usually, SIEM tools rely on pre-established rules before recorded information is analyzed. This can be a downside when a company’s security generates many daily notifications that may be positive or negative. This can result in poor identification of the main attack due to insignificant amounts of log information.
Conclusion
Investing in a Security Information and Event Management (SIEM) solution is one of the most crucial steps that businesses can take to ensure the safety and security of their network. SIEM provides real-time monitoring, analysis, and reporting of security events, enabling businesses to detect and respond to potential threats before they cause damage. For Managed Security Service Providers (MSSPs), selecting the best SIEM is essential to delivering top-notch security services to their clients. A reliable SIEM can help MSSPs streamline their security operations, enhance their incident response capabilities, and provide greater visibility and control over their clients’ networks. Thus, finding the best SIEM for MSSP is paramount to ensuring the security and protection of their clients’ critical assets.
We, at Vijilan, provide extensive SIEM updated search features, send notifications to your cyber security team, and retrieve information from several sources within the company’s technical facilities. Book a free demo with our experts to know more about how this works and benefits organizations.
