The latest News and Information on Security Incident and Event Management.
Businesses are currently witnessing improvements in cybersecurity capabilities, thanks to advancements in Artificial Intelligence (AI). However, the progress is accompanied by a parallel increase in the threat and sophistication of cyber-attacks, especially when the right event monitoring and threat detection tools are not utilized. Deloitte's latest research on security operations indicates that in 2023, 12.5% of businesses experienced more than one security event.
The Federal Risk and Authorization Management Program (FedRAMP®) authorization has, for years, been seen as an arduous undertaking only for companies that want to do business with government agencies and their contractors. However, with growing cybersecurity risks, coupled with tightening data privacy regulations across industries, FedRAMP’s fundamental security requirements are becoming best practices for all organizations handling sensitive data.
A SIEM’s price can be a bit of a shock. As we’ve covered in another blog, the price of a security information and event management (SIEM) solution is never just about licensing (or whatever you initially agree to pay a vendor for data processing). Even though SIEM licensing costs can easily be tens of thousands of pounds for a small organisation with less than 20 GB of monthly data flow.