Security Information and Event Management (SIEM) can be an incredibly useful tool for safeguarding businesses of all sizes and IT systems, helping to detect and alert users to potential threats. SIEM software could be very beneficial to your business. This post aims to take a quick look at SIEM software, providing a brief overview of SIEM as a service.
What is SIEM?
SIEM software is a combination of security event management (SEM) and security information management (SIM) which is capable of monitoring threats, providing real time security alerts and increasing compliance. On its own, SEM centralises interpretation and storage of logs, and SIM collects data to be analysed for reporting. SIEM, as you might predict from it’s full terminology, combines these two systems together in order to provide fast analysis and identification of security events in real time.
What are the benefits?
Quickly detecting and identifying security events is just one of the many features that makes SIEM, an excellent tool for businesses and IT departments. Some of the potential benefits of SIEM as a service include:
- Increased efficiency
- Preventing potential security breaches
- Reducing the impact of security events
- Saving money
- Better reporting, log collection, analysis and retention
- IT compliance
Here’s a wider look at some of the benefits, with a brief explanation of some of the points listed above.
Increased efficiency
As SIEM systems can collate event logs from multiple devices across networks, staff members are able to use these to identify potential issues more easily. This can also provide an easier way of checking activity and can speed up analysis of files, allowing employees to carry out tasks with ease and spend more time on other aspects of their job. In this way, SIEM systems can also improve reporting processes across the business.
Better overall handling of security breaches and events
By providing a fast response to any security events detected, SIEM software can dramatically reduce the impact of a security breach on your business. A quick response from SIEM software and IT staff can drastically reduce not only the financial cost of a breach, but the amount of damage caused to your business and any IT systems in place.
Catching a breach in the early stages, or detecting a security event before it can take place could also prevent any damage at all. These are just some of the ways that SIEM software could enhance and protect your business.
Ultimately, while SIEM software is not a brand new addition to the IT security market, it still remains an excellent way of protection your business and is certainly worth considering when introducing new ways to protect and enhance your business.
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