What is SIEM? SIEM stands for Security Information and Event Management that collects, aggregates, and analyses activity from different resources across the entire IT infrastructure of the organization. It collects security data from network devices, servers, domain controllers and more. It provides organizations with next-generation detection, analytics, and response. It provides information of utmost importance but the critical decision lies in how to choose the right SIEM solution for you.

Security teams tend to devote a considerable amount of time to investigating warnings that may or may not be "actual" attacks. A false positive occurs when a natural or non-threatening behavior is mistakenly interpreted as malicious. Thousands of warnings may need to be investigated as a result of this. If your security analysts are actively reviewing false warnings, they can spend a lot of time evaluating false alerts before they can start evaluating legitimate threats.

While bad actors have become more organized and sophisticated by refining their craft, they are not the only attackers a security professional needs to be concerned with in 2020. There are still opportunistic, less skilled hackers that utilize commoditized exploits. These attack strategies are made possible by leveraging resources that are highly profitable and simple to use, such as simple phishing kits or even ransomware-as-a-service (RaaS) tactics.

Not many things keep company executives and heads of federal agencies up at night like mega cyber breaches do. Mega cyber breaches are not only on the rise, but are also becoming increasingly costly to treat. IBM found that a mega-breach can cost an organization anywhere between $40 to a whopping $350 million. There are two variables contributing to mega breaches, and these variables are spread among most organizations.