What is SIEM (Security Information and Event Management)?

SIEM definition

SIEM stands for Security Information and Event Management. One can define SIEM as real-time event collection, monitoring, correlating, and analyzing events across disparate sources.

 

The need for data monitoring

In today’s globalized, digital economy, it’s essential to monitor and guard your company’s data against increasingly advanced cyber threats. And chances are, your company has more data than ever before. According to International Data Corporation (IDC), from 2013 to 2020 the digital universe will grow from 4.4 trillion gigabytes of data to 44 trillion gigabytes of data. In addition to sophisticated tools being used to attack organizations – the attack surface has become much wider due to increase in data traversing our IT infrastructure. The ability to monitor all this data is increasingly becoming a challenge. Fortunately, we have security information and event management (SIEM)

SIEM enhances businesses

Today’s next-gen SIEM solutions enable your company to react quickly and precisely in the event of a threat or data leak.

As described in the SIEM definition above, a next-gen SIEM solution provides management, integration, correlation, and analysis in one place, making it easier to monitor and troubleshoot your IT infrastructure in real time. Without a SIEM solution, a security analyst must go through millions of non-comparable data stored in “silos” for each hardware, software, and security source. In short, one can define SIEM as a solution standing for simplicity.