As we’ve covered before, SIEMs are an expensive tool. The average enterprise-level SIEM deployment costs over £15 million a year, and operating a small, 100 to 1000-seat SIEM will still run up bills of over £10k monthly. SIEMs create spiralling costs that eat security budgets. Without a skilled team operating them, they can also make organisations less secure despite receiving more information about their digital estates. But where do these SIEM costs come from?
Industry analysts Piper Sandler do a yearly 'Industry Note' where they survey CIOs about their next year budget expectations. For 2024 there is a noticeable improvement regarding enterprise IT spending. The header of their survey was: "2024 CIO Survey | Investments in Security, AI, and Cloud Driving IT Rebound". Here is the summary of the full report which is a good read and warmly recommended.
December 7, 2023 - The Wall Street Journal has an interesting perspective on K-12 Public schools suffering ransomware attacks. The number doubles between 2021 and 2022 to almost 2,000 a year. Here are a few paragraphs with a link to the full article: "Hacks are on the rise across all industries, but the public sector’s weak protections make it an increasingly attractive target for cybercriminals.
Security analysts at identity vendor Sumsub are seeing a massive rise in the use of deepfake fraud in their Identity Fraud Report 2023. And one country may be to blame. While Sumsub’s focus is more around all forms of identity security, it's witnessing a significant increase in deepfakes, as deepfakes are a form of identity fraud. According to Sumsub, the top three fraud trends identified were: The approximate overall growth rate worldwide for the use of deepfakes is 10x.
Cyber security pen testing can vary widely, covering applications, wireless, network services and physical assets. These could include internal and external infrastructure testing, web or mobile application testing, API testing, cloud and network configuration reviews, social engineering and even physical security testing.
Today, businesses are increasingly relying on digital technologies to streamline operations and deliver seamless service. A continuously monitored, robust network infrastructure using NPM tools, like OpManager, is critical to ensure business continuity. OpManager, with its advanced AI and ML features, is capable of offering in-depth insights into visibility, network performance, and proactively notifying you of network faults.