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What Makes SIEM an Essential Component?

Enterprise Security Magazine | Monday, June 07, 2021

SIEM provides detailed insight so that one can determine which parts are most vulnerable and which may require patching or additional attention.

FREMONT, CA: SIEM (Security Information and Event Management) has become an essential component of any developing firms' security plans. SIEM is a type of security software under Security as a Service (SECaaS). It analyzes a business's data logs and monitors the network for unusual behavior. It gathers data from network devices, servers, and endpoints (laptops and PCs), saves and aggregates it, and analyzes it to uncover network patterns. Additionally, it is a cybersecurity solution that allows the company to examine alerts, identify dangers, and guarantee that the network is safe and secure. In essence, it provides security experts with visibility into all operations that take place in their IT environments. Some of SIEM benefits include:

Cost-Effective

Businesses do not need to recruit or outsource IT professionals to run their SIEM system because that is what a service provider is for; therefore, SIEM can help save money in that area. Furthermore, a data breach costs an average of 3.92 million dollars. Quick SIEM responses can save a business a lot of money by detecting danger before it becomes a data breach and saving the firm from a catastrophic financial impact.

Deep Insight

When it comes to the business, having a comprehensive understanding is crucial. This entails a detailed examination of the events that occur within the network and a deep understanding of the complete business. It is critical to spot dangers immediately, but it is even more critical to understand why they are happening from an inside perspective so that the firm can improve. SIEM provides detailed insight so that one can determine which parts are most vulnerable and which may require patching or additional attention.

More flexibility and control

When one thinks of control, they do not always consider flexibility. SIEM, fortunately, provides both of these advantages. The flexibility comes from employing SIEM through a service provider, as the analysis and event management is taken care of. Businesses, on the other hand, have the option of being as involved as they want. Furthermore, the more information a company has, the more control it has over what is going on in its systems.

See Also: Top 10 Cyber Security Solution Companies - 2020

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