September 10, 2024

Modern SIEM Evaluation Guide

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Security information and event management platforms (SIEMs) gather event data from across your IT environment in order to detect threats, prevent attacks, and provide reporting for incident investigation, remediation, and compliance. With cybersecurity threats at an all-time high, it’s vital to select a SIEM that aligns with your organization’s needs. And you may already know that most cyber insurance policies require the use of a SIEM.

There’s no standard definition of what a SIEM includes. Different solutions emphasize different features, and some platforms still require management by expert personnel. Careful evaluation will help you avoid unpredictable costs as well as burdensome maintenance and overhead.

Cybersecurity professionals are beginning to differentiate between the ‘traditional SIEM’ and the ‘modern SIEM.’ This guide will help you understand what sets them apart, and see how SIEMs have evolved to meet the security and insurance needs of budget-conscious organizations with busy IT teams.

While many SIEM platforms come preconfigured with a set of alerts, dashboards, and report templates, they still need to be properly configured to fit your environment. As your network changes, new software is added, or new behavior is seen, your SIEM must continue to be updated and fine-tuned. In fact, your SIEM will be one of the most customized aspects of your security architecture.

So while features and ease-of-use are fundamental, flexibility and customizability are equally important. This guide is designed to help IT teams evaluate modern SIEMs for small and mid-sized organizations.

Tag(s): SIEM XDR , Whitepaper