Making The Right Choice With Security Information and Event Management (SIEM)

The modern threat landscape for businesses and their cybersecurity is complex with an ever-expanding attack surface across on-premises and cloud assets. Hackers will target the weakest spots, which emphasizes the need for greater visibility, rapid detection, dependable response, and adaptive security that will evolve with the changing threat landscape. So making the right choice when it comes to cybersecurity and security information and event management (SIEM). There are many choices out there to improve your security efforts and turning to MSEDP's IT services is a decision that will go a long way.

With cybersecurity services, the main issue is how to reduce cyber risk through continuous monitoring, rapid detection, and effective remediation in a way that is both practical
and affordable. MSEDP's cybersecurity services will protect your database, while not breaking the bank. Many businesses are finding cybersecurity success with managed SIEM services
that bring together virtually the most crucial technology and expertise for visibility and mitigation. When you turn to MSEDP, these are the services you will be getting. Make the call today and start better protecting your network. The number for our office is 631-761-7600. When you call, we can present a gameplan on how to best handle your IT services and SIEM in a way that fits your budget. As a result of our conversation, we will come up with a solution that will best suit your business's needs, budget restrictions, and resource requirements.

Advantages of SIEM

When it comes to security information and event management, it is important that businesses shift their mindset from "incident response" to "continuous response." By doing so, you are assuming you will be compromised at some point and look to seek a defense against the looming threats. If you are only worrying about cybersecurity after an incident happens, then you already lost. No business is immune to a cyber-attack, which means you should prepare for one to happen. SIEM is an effective cybersecurity solution that offers continuous detection of threats. However, SIEM is challenging to deploy correctly and manage full time, which is why turning to the IT team at MSEDP is a smart decision. With our leadership at the helm, we can utilize SIEM to safeguard your data and network. Over the years, SIEM has risen due to its many great advantages, which includes the following:

• provides 24/7/365 monitoring and alerting.
• addresses compliance mandates.
• increases cybersecurity effectiveness.
• decreases total cost.
• overcomes many staffing challenges.

Take advantage of SIEM by opting for MSEDP's IT services today. Stay ahead of the curve!

Understanding the Different SIEM Solutions

It is helpful to have a common understanding of the terminology and unique differences between the approaches to security information and event management. This way you can make an even more informed decision on how to better protect your assets. Due to the advanced threats in the climate today, the requirement for more advanced resources and technology has only grown. When it comes to SIEM solutions, there are four primary options available, which are DIY SIEM Software, SIEM-as-a-Service, SOC-as-a-Service (SOCaaS), and Co-Managed SIEM. Let's take a closer look at these four options.

DIY SIEM Software

This is a do-it-yourself option that involves businesses implementing the SIEM technology themselves or leveraging open-source tools in combination to add analytics, compliance, and log storage. If this is the route a business goes, it typically requires a larger team and higher level of expertise to not only implement the solutions, but also to manage, maintain, and tune these solutions over time. SIEM is not a “set it and forget it" type of technology. It requires a hands-on approach, which is also what the team at MSEDP can provide if you think doing it yourself is too much of an ask.

SIEM-as-a-Service (SIEMaaS)

SIEM-as-a-Service is also called “cloud SIEM." This option is basically Software-as-a-Service licensed on a monthly basis and hosted, maintained, tuned, and patched to work optimally. This way you do not have to worry about the infrastructure, log storage, or system administration. However, businesses will still have the responsibility to drive it to get value out of SIEM-as-a-Service. So you will need an IT equipped to handle the SIEM solutions.

SOC-as-a-Service (SOCaaS)

With this option, you receive the SOC “function” as a service, not just the software. With this option, you will be getting a team of people to orchestrate the solutions and the processes. You will also get all of the SIEM platform/tools necessary to perform the network and endpoint threat monitoring, detection, and response for your organization. MSEDP offers SIEM and log management. In a way, you can "set it and forget it" with this option since you are leaving it with our team of dedicated professionals to handle properly. But we will be on top of it at all times and most certainly not "forget it."

Co-Managed SIEM

Co-managed SIEM is a version of SOC-as-a-Service in which businesses can play a more active role in the shared responsibility of determining and carrying out the security operations strategy. A runbook with incident response (IR) and an operating playbook typically outline the shared responsibility tailored to your organization. This is a good option for businesses with an IT team, but perhaps one that is not big enough to handle all the aspects of SIEM. MSEDP can cater to your needs and provide you with IT services that fit your budget and scale.

How To Make a Decision

In order to make a decision on the best solution for your business, document your “must-have” criteria from “nice-to-have” considerations so that you do not solve for corner cases that may add complexity and cost. Of course, the most affordable is the DIY approach, but that is also one that leaves you stranded on an island in case this is an incident you cannot handle. Turning to the IT team at MSEDP ensures that someone is always there to help. Do not hesitate to reach out to MSEDP for the best in IT solutions and Security Information Event Management (SIEM) and event log management solutions.

Why Executives Should Be Involved in Cybersecurity

It is easy to leave the cybersecurity aspects of your business to your IT team, but when the executives and higher ups get involved in the goings-on with cybersecurity, then it is a big win for the business. Having an understanding of these aspects can help make major decisions down the road. Cybersecurity is a balancing act for any business, but a business that is too conservative might overlook advancements in the field of cybersecurity. Thus, putting the whole company at risk of attack.

Here are a few reasons why cybersecurity is an executive-level issue:

• Cybersecurity impacts day-to-day operations, revenue, and reputation of the business.
• Cybersecurity should be treated as an investment to better safeguard your business. It should not be treated as a cost that is expendable, which unfortunately many businesses do.
• It is a cross-functional issue in that cybersecurity is everyone’s responsibility since it impacts the entire business.
• A business's appropriate cyber risk posture and data governance strategy is crucial and needs to be discussed at all levels.

By having the organizational leaders weigh in on these aspects, they can plan strategically for the business and determine what to prioritize with cybersecurity firmly in everyone's mind. It is important to emphasize the need to have these measures in place that will help any business save money and simultaneously reduce cyber risk. Keeping data and important information away from hackers and malignant attacks. At MSEDP, we ask all of our clients to carefully weigh the actual capabilities and timeline of security options that might seem on the surface to save you money, but do not fully protect you from threats. We are partners in this and we are proud to work with many businesses across the United States.

SIEM and Log Management With MSEDP

It is becoming more and more difficult to recognize breaches due to cyber attacks. Firewall and antivirus are no longer enough in this day and age since today's hackers are smarter than ever. So you need a smarter solution. MSEDP’s powerful and dynamic Security Information Event Management (SIEM) and event log management solutions keeps an eye on all of your inbound and outbound traffic. We match the packets against an ever-growing database that triggers specific events.

The right SIEM solution varies based on your goals, use cases, budget, compliance requirements, and available staff. SIEM solutions are optimized for different use cases, so one size never fits all. The wrong choice of solutions can have a long-lasting impact, be costly to maintain and support, and time consuming to tune. This is why many SIEM deployments end up abandoned. And a big reason why you should turn your Security Information Event Management (SIEM) and event log management solutions over to MSEDP. Our IT team will give you a hands-on approach that will ensure you are safeguarded against threats, as well as be able to deploy measures immediately in the case of an attack. Stay protected when MSEDP is your managed service provider. Located in Deer Park, New York, we provide our IT services for clients across the United States!