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Learn what SIEM is any why it’s an important security solution for businesses
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Is cybersecurity a top priority in your organization? As the number of cyber attacks continues to rise each year, businesses are investing in defending their data. Businesses that already have security measures in place are beginning to seek more effective solutions as well. In fact, 45 percent of small to medium-sized businesses reported that their security processes are ineffective at mitigating attacks. Now, they’re searching for a solution that will meet their security needs and effectively detect and mitigate threats.
A cybersecurity solution that is commonly considered is a SIEM system. If you’re wondering what SIEM is and its benefits, keep reading.
What is SIEM?
Let’s start with the acronym. SIEM, short for Security Information and Event Management, is a combination of security information management (SIM) and security event management (SEM).
Now, let’s get into the function of SIEM systems. A SIEM system provides a holistic view of your business’s network. It monitors and analyzes data and events in real-time so that any potential threats are recognized and mitigated before they have the chance to interrupt your operations. SIEM systems use unique threat feeds from multiple sources to detect anomalies and set the priority of an alert based on predefined rules. SIEM tools collect and store this data in a centralized location where your security team can review and compare it. The monitored data is typically produced by security devices, network infrastructure, systems, and applications.
Essentially, SIEM systems inform organizations of security incidents that would otherwise go undetected.
BENEFITS OF SIEM
Early Detection and Automation
Detecting threats early is key to putting a stop to them and minimizing damage. Since SIEM systems have baselines of your network activity, they are able to effectively contextualize new activities and determine if they are legitimate threats. Without a detection system in place, it is likely that most organizations would not know about these incidents until they were compromised.
There are also automation tools available in advanced SIEM systems that will automatically respond to detected incidents. This eliminates the need for your team to investigate and manually respond to low-risk threats.
Multiple Use Cases, Improved Compliance
Security information and event management systems can fulfill multiple functions within an organization. Most utilize SIEM services for network security event monitoring, user activity monitoring, and compliance reporting. SIEM systems are useful for abiding by regulations. At Opal Business Solutions, our SIEM service offers out-of-the-box compliance reporting, including PCI-DSS, HIPAA, SOX, NERC, SISMA, ISO, GLBA, and more.
Scalability and Retention
SIEM systems have the capacity to hold large amounts of data, meaning they can adjust to your growing business or scale back if needed. Even if your business size changes, your SIEM system will store long-term historical data. This data is useful for compliance and forensic investigations.
INTERESTED IN SIEM?
If your business is interested in implementing a SIEM solution, reach out to our team at Opal Business Solutions, a Microsoft Gold Partner. We would be happy to discuss your security needs and help protect your organization. Click below to learn more.
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