What is SIEM (Security Information and Event Management)?
SIEM stands for Security Information and Event Management. One can define SIEM as real-time event collection, monitoring, correlating, and analyzing events across disparate sources.
The need for data monitoring
In today’s globalized, digital economy, it’s essential to monitor and guard your company’s data against increasingly advanced cyber threats. And chances are, your company has more data than ever before. According to International Data Corporation (IDC), from 2013 to 2020 the digital universe will grow from 4.4 trillion gigabytes of data to 44 trillion gigabytes of data. In addition to sophisticated tools being used to attack organizations – the attack surface has become much wider due to increase in data traversing our IT infrastructure. The ability to monitor all this data is increasingly becoming a challenge. Fortunately, we have security information and event management (SIEM)
SIEM enhances businesses
Today’s next-gen SIEM solutions enable your company to react quickly and precisely in the event of a threat or data leak.
As described in the SIEM definition above, a next-gen SIEM solution provides management, integration, correlation, and analysis in one place, making it easier to monitor and troubleshoot your IT infrastructure in real time. Without a SIEM solution, a security analyst must go through millions of non-comparable data stored in “silos” for each hardware, software, and security source. In short, one can define SIEM as a solution standing for simplicity.
Benefits of a next-gen SIEM solution
SIEM solutions have been around since 2005, but the criteria for an effective solution has evolved considerably since then. Changes in the threat landscape have created a need to find a larger variety of threats faster.
At the same time, there is a shortage of security analysts available in the labor market and an increase in compliance demands. In addition, security operations teams are struggling to keep up with the deluge of security alerts from an increasing arsenal of threat detection technologies while relying on manually created and maintained document-based procedures for operations.
Fortunately, the new digitalization era and machine learning are creating new possibilities for SIEM solutions that are challenging the old definitions and domain areas for product categories. For businesses to establish an effective cybersecurity program, a next-gen SIEM solution is a must-have. Today’s businesses need a solution that can unify, simplify and automate what’s already there.
Businesses collaborating with LogPoint for next-gen SIEM solution can expect:
Better threat detection and response
A next-gen SIEM solution provides real-time data analysis, early detection of data breaches, data collection, secure data storage and accurate data reporting to improve threat detection and response times.
The automation of functions frees security analysts from time-consuming manual tasks and enables them to better orchestrate a response to threats. The best next-gen SIEM solutions utilize machine learning and user and entity behavior analytics (UEBA) to help ease the burden of overworked security analysts.
A next-gen SIEM solution with a simple and predictable licensing model enables businesses to spend less to keep their data secure, regardless of the amount of data they have and the number of sources from which data is logged.
LogPoint’s value proposition
We have a history of success in IT security and safeguarding businesses from risk and mitigating reputational and financial damage. By providing a simplified overview of your IT infrastructure you can make impactful business decisions.
By using, our advanced UEBA technology solution, based on machine learning, we give your security team and edge. We ensure less business downtime by enabling your team to respond and detect threats faster and efficiently.
The SIEM solution integrates easily with all devices in your network, giving a holistic and correlated overview of events in your IT infrastructure.
LogPoint’s next-gen SIEM solution translates all data into one common language, making it possible to compare events across all systems. This common language makes it very easy and efficient to search, analyze and report on the data. This helps accelerates the team’s detection and response rate to threats reducing workload.
For compliance initiatives, LogPoint enables automatic monitoring of relevant compliance parameters and alerts you to relevant risks as they happen. Our next-gen SIEM solution is easy to use with a low learning curve for busy professionals. We also drive operational efficiencies by supporting a proactive approach to understanding your network, by providing actionable, real-time insight into your IT infrastructure to drive business value.