What is Managed SIEM? The term “Managed SIEM” refers to an approach where an outside provider manages, operates and maintains a Security Information and Event Management (SIEM) solution for you. “Security information and event management (SIEM) solutions offer an additional layer of security for your clients” as stated by professionals like Connectwise.
What is SIEM?
SIEM (Security Information and Event Management) is a tool used to monitor, analyze and report on security events. It can be used to detect breaches, audit network traffic and logs, monitor for policy violations, etc.
SIEM tools are very popular in today’s world as they automate the process of collecting data from various sources such as firewalls, IDS/IPS systems, endpoint security solutions like antivirus products or host-based intrusion detection systems (HIDS). They then consolidate all that data into one central place where it can be analyzed quickly by the SIEM administrator or analyst.
Challenges of in-house SIEM management
In-house SIEM management can be a challenge for the following reasons:
- SIEM is a complex and expensive solution. It requires a high level of expertise to configure, maintain and manage. And, if you don’t have access to that kind of expertise, it will take your team much longer than expected to get the system up and running.
- Employees need training on how to use the system effectively so they can more easily detect threats within their networks. This requires time from both IT staff members and employees themselves.
- You need to keep up with the latest threats to keep your organization’s data center or cloud infrastructure remain secure — but keeping up with those updates can take hours upon hours each week out of your busy schedule.
Why use a managed SIEM service?
Managed SIEM as a service is the easiest way to get started with a SIEM solution without having to deal with any of the hassles associated with it. Most managed SIEM providers offer a single sign-on portal that allows you to log in and access all your data from one place. This is important because it makes it easy for you to manage all your assets by using one interface rather than integrating everything separately, which would take much longer and be harder on your team.
It also handles the software updates automatically, so there’s no need for you or your team members to do anything at all other than monitor the system (and possibly do some basic maintenance). The provider will also ensure that they keep their systems secure against threats like malware or ransomware attacks through regular vulnerability scans and penetration testing not just once but as part of a continuous monitoring process so they can find new threats before they have an impact on your organization.
Managed SIEM pricing and ROI
The price of a managed SIEM can vary, depending on the company providing it and what features they include. However, there are many instances where you will find that managed SIEMs are more cost-effective than an in-house solution.
When you factor in the costs associated with developing and maintaining your own security infrastructure (e.g., hiring staff), it’s easy to see how this could be true especially if you assume that your organization will continue to use its current security solutions for years to come.
In the end, managed SIEM is a powerful tool that can help you get an edge on your competition. It’s not just about security anymore; it’s also about business intelligence and making better decisions based on data. Your competitors may be using it already without you even knowing it.
