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What is SIEM?

Written by Farah Amod | January 19, 2024

Security information and event management (SIEM) is a security solution that helps organizations detect and address potential security threats before they can disrupt business operations. By combining real-time monitoring, event correlation, and advanced analytics, SIEM systems provide enterprise security teams with the ability to identify user behavior anomalies and automate threat detection and incident response processes.

 

The evolution of SIEM

SIEM software has come a long way since its inception as a log management tool. Originally, it combined security information management (SIM) and security event management (SEM) technologies. SIEM has evolved to incorporate user and entity behavior analytics and other advanced security analytics, AI, and machine learning capabilities for identifying anomalous behaviors and indicators of advanced threats.

Read also: Artificial Intelligence in healthcare 

 

Functions of SIEM

SIEM has become a component of modern-day security operations centers for security monitoring and compliance management use cases. These solutions offer a range of core functionalities, including:

 

Log management 

SIEM solutions ingest event data from various sources across an organization's IT infrastructure, including on-premises and cloud environments. This includes event log data from users, endpoints, applications, data sources, cloud workloads, and networks, as well as security hardware and software such as firewalls or antivirus software.

 

Event correlation and analytics 

SIEM systems use advanced analytics and pattern recognition to identify and understand complex data patterns. It provides insights that help security teams quickly locate and mitigate potential threats to business security.

 

Incident monitoring and security alerts

SIEM solutions consolidate their analysis into a single, central dashboard where security teams can monitor activity, triage alerts, identify threats, and initiate response or remediation. Most SIEM dashboards include real-time data visualizations that help security analysts spot spikes or trends in suspicious activity. 

 

Compliance management and reporting 

SIEM solutions are top-rated among organizations subject to regulatory compliance requirements like HIPAA. With automated data collection and analysis capabilities, SIEM is a valuable tool for gathering and verifying compliance data across the entire business infrastructure. 

Read also: What is compliance automation?

 

Benefits of SIEM solutions

SIEM solutions offer a range of benefits that help enterprises streamline their security workflows and improve their overall security posture. Some of these key benefits include:

 

Real-time threat recognition

SIEM solutions enable centralized compliance auditing and reporting across an organization's entire infrastructure. By leveraging advanced automation, these solutions streamline the collection and analysis of system logs and security events.

 

AI-driven automation

Next-generation SIEM solutions integrate with powerful security orchestration, automation, and response (SOAR) systems, saving time and resources for IT teams managing business security. These solutions use deep machine learning algorithms that automatically learn from network behavior, enabling them to handle complex threat identification and incident response protocols.

 

Improved organizational efficiency 

SIEM's improved visibility of IT environments can drive interdepartmental efficiencies. A central dashboard provides a unified view of system data, alerts, and notifications, enabling teams to communicate and collaborate efficiently when responding to threats and security incidents.

 

Detecting advanced and unknown threats

SIEM solutions leverage integrated threat intelligence feeds and AI technology to help security teams respond effectively to a wide range of cyberattacks, including insider threats, phishing attacks, ransomware, DDoS attacks, and data exfiltration.

 

Conducting forensic investigations 

SIEM solutions are ideal for conducting computer forensic investigations once a security incident occurs. These solutions allow organizations to collect and analyze log data from all digital assets efficiently in one place.

 

Assessing and reporting on compliance

Compliance auditing and reporting are challenging tasks for many organizations. SIEM solutions reduce the resource expenditures required to manage this process by providing real-time audits and on-demand regulatory compliance reporting whenever needed.

See also: HIPAA Compliant Email: The Definitive Guide