The latest report from Technavio predicts that the Security Information and Event Management (SIEM) market will grow at an astounding CAGR of 12% for the next four years. That’s because security threats are growing at an alarming rate. More than 70% of cyber attacks go undetected even today and clearly, there is an urgent need for widespread use of advanced monitoring. Here are five reasons why Siem needs to be a crucial part of your business and IT strategy right now.
The usual firewalls and security products are not designed to catch, fend off or manage deep attacks. SIEM collects security logs among other things and enables a centralized analysis and report system that enhances your organization’s security.
This centralized system instantly enables you to streamline your compliance reporting processes. SIEMs have inbuilt support for meeting compliance reporting challenges and are geared to meet the various standards set up by the government.
A single dashboard system allows you to save time and an inordinate amount of money, which you would have otherwise spent on extensive coding and staff employment. Leveraging an SIEM also allows you to be prepared for threats much in advance, saving you millions in disaster management efforts.
An SIEM can piece together the anatomy of an attack. A regular threat prevention system can identify pieces of the attack and parts of its source. But an SIEM has the capability of putting logs together to form a comprehensive whole and precisely determining the exact source and how it operated.
Improve efficiency tenfold by managing a threat swiftly and putting out the fire immediately. The faster you can contain the threat, if not prevent it, the less time and money you lose.
Simply installing SIEM does not work. It needs to be managed efficiently and with expertise. Suma Soft’s SIEM experts offer comprehensive support services that can keep your business digitally secure. Better tech means happy customers. Contact us at [email protected]
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