SIEM (security information and event management) is a centralized service that protects business-critical data stored across software applications. It detects irregularities in logs and assesses them in real-time to see if they pose a risk to your organization With the right tools, a business can gain better visibility into its network, identify attacks, and prevent them before they happen.SIEM solutions can help businesses take advantage of advanced security features and protect against cyber-attacks.
According to a Gartner study, expenditure on information security and risk management technology and services increases at 12.4%. It is expected to reach $150.4 billion by the end of this year. Although SIEM solutions are costly, your company can profit from the security they provide while allowing auditors to manage your organization’s compliance standards efficiently.
Artificial intelligence and machine learning further strengthen SIEM services and offer customized solutions that deliver precious insight into network security. However, since it is a significant investment, businesses must pick wisely among the many SIEM services available to them.
Here is a quick list of top SIEM solutions in 2023:
1. McAfee Enterprise Security Manager
McAfee is a well-known anti-virus software developer with a dedicated SIEM platform with multiple modules. These include the McAfee Event Receiver, Enterprise Log Manager (ELM), and Application Data Monitor (ADM).
McAfee SIEM supports both Mac OS and Windows and is a dependable system. It combines virus detection and malware download blocking and the ability to detect unauthorized human activity. In addition, McAfee also offers data loss and outbound communications protection.
2. IBM QRadar
IBM QRadar is a powerful SIEM for organizations that can deal with massive configurations. The system collects data from servers, network devices, and users to compare and assess the vulnerability and threat intelligence. This data is then processed to detect and track harmful actions and possible threats within your system. Additionally, the QRadar SIEM solution assists you in classifying various risks based on the degree of the danger posed.
The expansive layout of the QRadar suite provides you with a wide range of customization and tuning options that allow you to integrate effectively with your company’s systems while also isolating critical events for examination. However, critics claim that QRadar lacks technical support to cater to the needs of your business and that it is a costly solution compared to rival SIEM systems.
3. Microsoft Azure Sentinel
Microsoft’s Azure Sentinel is among the leading SIEM solutions on the market. It is a cloud-based app that uses artificial intelligence to handle events and automate protection. It’s excellent at developing automatic reactions to developing situations, including as yet unknown threats.
Microsoft Azure Sentinel is simple to install, configure, and operate.
It reduces the number of false positives and improves integration with third-party services, two very compelling features of Azure Sentinel. One of the most significant advantages of this SIEM solution is that it’s cost-effective. Azure Sentinel pricing is competitive with other leading cloud-based SIEM solutions. The only limitation of Microsoft Azure Sentinel is that it is a new SIEM solution, but it has many capabilities for your organization’s management of cloud network security.
4. Splunk
Splunk is a popular SIEM solution that takes a preemptive approach to network security. It can be installed and configured on any cloud provider, on-premises, or a combination of the two. Additionally, it also works well as-a-service alternative if you don’t want to manage it yourself.
There are many advantages of using Splunk as your SIEM solutions provider. For starters, it gathers and stores information in an easily readable format to be assessed when your organization requires a centralized logging solution. You also get a customizable set of widgets and dashboards that can be tailored to specific user roles.
However, know that Splunk is comparatively expensive and takes a long time to deploy.
5. LogRhythm
LogRhythm is a robust SIEM solution that analyses log-ins’ real-time. It works with many sources, databases, and network and security devices, both on-premise and in the cloud. In addition, LogRthym offers a smart reaction function that allows you to act on a triggered alert while still monitoring it.
Furthermore, LogRthym features an elastic search database that can handle enormous amounts of log data while providing efficient search capabilities. It also includes a customizable parser, which expands your options for integrating and collecting device logs to meet your specific needs.
LogRhythm SIEM provides several advantages, including the ease with which its components and functions can be understood and the effortlessness with which it can be implemented and configured. In addition, the SIEM solution using LogRthym takes fewer resources. However, training and certification have proven to be prohibitively expensive, and another disadvantage of the LogRthym SIEM solution is that logging is constantly required.
Ready To Prioritize Your Security With The Right SIEM Partner?
We hope this guide helped you in identifying the right SIEM solution for your organization. When choosing a SIEM solution, you must consider your requirements, finances, and experience because cost, features, and simplicity of usage distinguish various SIEM solutions.
For example, a small firm could prioritize automation, the convenience of use, and affordability. In contrast, a larger organization with advanced security operations might prioritize threat coverage and machine learning skills for detecting new and emerging threats.
Don’t put off upgrading your cybersecurity until you’ve been a target of a data breach. Instead, deploy a SIEM solution to prevent problems before they occur.
Get your SIEM solution today to streamline and strengthen security, make threat detection response smarter, and scale security needs quickly whilst reducing IT cost.