You Only Know What You Know: Why Information Event Management is Critical to Security Programs

Are you monitoring your data and security program on an ongoing basis?

Even if your answer is “yes,” it’s unlikely that you combine security information management (SIM) and security event management (SEM) in one streamlined monitoring system. In today’s information-driven world, the amount of data to protect is ever-increasing. This makes it all the more critical for information security teams to maintain a continual process of collecting, analyzing and acting on alerts across an array of systems.

 

Still, there are a number of risks involved in information event management, especially as a result of the frequency and sophistication of breaches.

 

Recent breach statistics:

- 73% of breaches are perpetrated by outside actors.

- 61% of mid-sized business (1,000 employees or less) were breached within the last 12 months.

- 60% of small-to-medium businesses close within six months of a breach.

- Average time from point of breach to discovery is six months.

 

 

Knowing these statistics, it is key to take a proactive, instead of a reactive, approach to cyber security so that you can halt breaches long before they occur. Staying ahead of your company’s cyber defenses means constantly examining your security programs – since, after all, you can only know what you know.

 

What is Network Security Information Event Management (SIEM)?

 

One of the most effective ways to counteract breaches and maintain a detailed understanding of your security systems is through network security information event management, known in the cyber security sector as SIEM.

 

SIEM is a technology that aims to introduce greater automation and intelligence into the collection, examination and analysis of data, which should guide security analysts in safeguarding the most critical data and resolving vulnerabilities.

 

Security information event management involves the collection and aggregation of event logs from different areas of a network. These logs include system logs, antivirus logs and firewall logs, among others.

 

To be effective in analyzing these logs and the vulnerabilities present, utilizing SIEM technology requires a comprehensive knowledge of the system that allows for successful configuration – but this comes at a cost. In fact, deploying an effective team of analysts can run a company in the millions of dollars.

 

Why Perform Network Security Monitoring?

 

To save on costs and implement SIEM into your security program, options like SubRosa’s Security Operations Center as a Service (SOCaaS) can be a viable solution. Since you only know what you know, having around-the-clock visibility gives companies the ability to mitigate security incidents.

 

This effectually enables your organization to detect anomalous behavior on the network and along the network’s boundaries. If properly managed, SIEM can improve incident response time and incident management, which will ultimately reduce the security and cost impact of a breach.

 

To learn more about SubRosa’s SOCaaS features, including monitoring your environment in real-time, reducing threat detection and effectively managing security incidents, visit our website to discover how you can respond to threats long before they occur.

 

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