2021 SIEM Showdown: Can Your Platform Compete?

By Krystal Rennie / Adlumin, Inc.

As March tips off, “tech madness” is ramping up as companies continue their search for the top cybersecurity tools in the market. After all, the key to protecting your network is to make cybersecurity non-negotiable. If your organization needs such security solutions, you’re reading the right article.

An ideal Security Information and Event Management (SIEM) platform discover threats, malfunctions, and IT operations failures in real-time. For financial institutions, auditors require these platforms for compliance reporting and monitoring against potential exposure to vulnerabilities, attacks, and evolving threats.

MarketsandMarkets projects that the global SIEM market will grow to $5.5 billion by 2025. However, it’s no secret that finding the right platform for your organization’s needs and budget can be difficult, especially if there is a lack of knowledge about SIEMs and how they actively work with your network. This blog will outline top SIEM platform features that can make or break your cybersecurity experience to help direct this process.

What to Require from a Next-Generation SIEM?

To make the right decision, you need to make an informed decision. Research plays an integral role in ensuring you invest in the proper security solution for your organization’s overall needs. Below are a few non-negotiable features to consider when shopping for a NextGen SIEM:

  1. User & Entity Behavior Analytics (UEBA): Your platform should include artificial intelligence and machine learning algorithms, analyzing account-based threats, and writing your SIEM rules. With Adlumin, our proprietary UEBA data science helps identify, detect, analyze, and prioritize anomalous behavior in real-time.
  2. Privilege Abuse and Account Takeover Prevention: Your platform should use artificial intelligence to detect both known and unknown threats. Make sure it can explicitly look for and determine insider threats, account takeovers, and privilege abuse or misuse.
  3. One-Touch Compliance Reporting: A platform should give you the ability to download compliance reports in seconds or schedule and deliver them to your inbox on a weekly, monthly, or quarterly basis.
  4. Managed Compliance, Detection, and Response (MCDR): Look for a SIEM that includes a 24/7 Security Operations Center (SOC) service. It should offer a managed service for your SIEM platform to quickly enhance your organization’s threat detection and response times.
  5. 24/7 Search for Compromised/Leaked Accounts on the Deep and Dark Web: Your SIEM platforms should allow you to extend your defensive capabilities beyond your firewalls, endpoints, and security devices into Russian ID theft forums and the criminal underground.
  6. No Data Limits: A SIEM should allow you to ingest as much data as needed and at no extra cost.
  7. Easy Pricing: SIEM pricing should be based solely on the number of endpoints (e.g., laptops, firewalls, security applications, etc.) used by your organization. Avoid complicated packages and other fees.
  8. Easy Deployment: Getting your platform up and running should be a fast and seamless process. Consider platforms that can deploy in 90 minutes or less.

These eight features are just a few examples of what your SIEM platform should include achieving an advanced level of security. Doesn’t your IT team deserve to have the best tools and solutions at their disposal to enhance productivity?

What the Future Holds for SIEMs

As the stakes for data breaches, hackers, and cybercriminals rise each year, a SIEM platform’s need only becomes more critical. And, as these platforms continue to evolve, we are all left wondering: what’s next?

According to Security Intelligence, “two key areas that will become more prevalent are the continued adoption of behavioral-based analytics across users, devices, networks, applications and cloud environments and the need for more cohesive workflows powered by more seamless integrations.” As more companies consider platform options and rationalize their investments, an essential requirement will be simplifying their network environments without losing speed.

The SIEM search is not easy, and you must know what your organization needs to be successful. Here are a few steps you can follow when shopping for a next-gen SIEM:

  1. Make a list of your needs/non-negotiables
  2. Conduct extensive market research
  3. Schedule demos
  4. Come prepared with questions
  5. Make your decision based on facts, not expectations

By following these steps, you will ensure that you are making the most out of your SIEM journey.