What Is Security Information and Event Management (SIEM)?

MBS Techservices tries to deliver the most relevant and up-to-date services and solutions. Here we’d like to share more details of one of them and why businesses need it. So, what is Security Information and Event Management, or SIEM? And what SIEM services can the MBS team offer?

What Is Security Information and Event Management (SIEM)?

Security Information and Event Management SIEM is the gold standard of modern detection, analytics, and response. SIEM software utilizes multiple data points as well as threat intelligence feeds. SIEM falls into two directions: Security Information Management (SIM) and Security Event Management (SEM). The first involves long-term storage, analysis and reporting of log data. The second concerns real-time monitoring of events, alerts etc. As a combination of SIM and SEM, SIEM represents a complex solution protecting enterprise data, providing real-time analysis of security alerts generated by network hardware and applications and early warning of any cybersecurity-related suspicious activity or misconduct. 

Capabilities of Security Information and Event Management SIEM

What Is Security Information and Event Management (SIEM): How Does It Work?

The general principle of work starts from collecting event and log data from network hardware and applications and consolidating the results. Then comes the step for sorting the data and building categories. After that, every suspicious event or log data is identified and treated according to some set of rules. Based on the rules, the SIEM solution generates security alerts and reports to the enterprise IT team (in-house or MSSP).

Security Information and Event Management SIEM Capabilities

A wide range of SIEM software capabilities enables high investigative and cost efficiency, reduces time-wasting and contributes to the most effective comprehensive approach to business cyber security protection. SIEM also promotes visibility. It is fully customizable and possesses the necessary integrative features. All the process and its results are available in dashboards.

The main capabilities of Security Information and Event Management SIEM include:

1. Data aggregation: gathering data from many various sources (network, servers, security, databases, etc.).
2. Data correlation and normalization: gathering together data with common attributes for advanced efficiency. 
3. Alerting: reporting and analysis automation.
4. Compliance: can automate adapting to security regulations.
5. Retention: long-term data storage. 
6. Data analysis: fast real-time identification of most signs of cyber attacks, threats, vulnerabilities, and so on.
7. Forensic analysis: facilitates the work fulfilled by experts.

All SIEM capabilities are oriented on the simplification of the cyber security protection for experts as well as non-stoppable security vigilance that saves businesses time, money, and nerves.

Why Choose Co-Managed SIEM Support by MBS Tech?

As you’ve already understood from the above, SIEM software is an efficient cyber security tool saving businesses and ensuring their stable functioning in the cyber world and the rapid adoption of virtual technologies. Security Information and Event Management SIEM is evolving as a response to a constant sophistication of malicious actors’ activities. That is why this cutting-edge solution may seem challenging to operate for many businesses without expert help. Implementing SIEM without professional knowledge and skills in the cyber security fields can result in its low value as SIEM outcomes can be interpreted in the wrong or inefficient way. 

The MBS Techservices team knows a practical way out. Go for co-managed SIEM support service by MBS Tech. Our clients feel comfortable and safe about our MSSP services because:

• our team members are highly experienced and entirely devoted to our clients’ needs and interests;
• we deliver efficient, up-to-date services and solutions that eventually save our clients time and money;
• we have industry-leading tools and unparalleled expertise to help you secure your digital assets;
• with co-managed services, you get all of the above and even more because you don’t need to hire many in-house cyber specialists;
• Our specialty is IBM QRadar, the top SIEM solution available in the market.
• MBS Tech as an MSSP ensures that our clients retain control over their assets.

MBS Tech is a cyber security company whose services show how to ensure high-quality business protection. Companies can choose from the list below or order even more tailor-made SIEM services:

• SIEM Excellence Workshop
• SIEM Optimization
• SIEM Managed Security Intelligence
• Security Intelligence and Operations Consulting Services

We’re always ready to help businesses transform their cyber security. Reach out to our team and start your path to a business life of better quality.