While IT security threats and their impact on business continue to grow and evolve, organizations are facing shrinking budgets, skilled resource attrition, competing priorities and more complex environments. Liabilities associated with inadequate security management are becoming more severe, ranging from costly downtime to penalties for regulatory noncompliance.

Along with these challenges comes the problem of performing log management in a way that helps provide visibility and insight into your network and IT infrastructure in addition to meeting industry and government compliance requirements. With the increasing sophistication of cyberattacks and the robust defenses necessary to protect an enterprise, you can no longer look to log management for simple aggregation, display and storage. This is particularly true in a hybrid environment in which your firm may have multiple IT platforms. Also, monitoring logs is a requirement for regulations such as the Payment Card Industry Security Standards, the Gramm–Leach–Bliley Act, the Health Insurance Portability and Accountability Act and the Sarbanes–Oxley Act.

Today’s enterprise needs its managed security service provider to deliver a better level of protection for security management at a significantly lower cost. The broad adoption of security information and event management technology is being driven by the need to detect threats and breaches as well as compliance reporting needs. The use cases for compliance, threat management and threat intelligence vary, but log management, reporting and deployment simplicity remain core capabilities in all.

Event and log data provide invaluable insight into the security of your infrastructure, but the sheer volume of data generated by your systems can be overwhelming to gather and manage. Also, in-house deployments can be costly and take much longer to deploy. Increased threats and expanding compliance requirements need more automated, proactive approaches to security management for forensic off-site storage.

Organizations seek cloud-delivered solutions to enable cost-effectiveness, rapid deployment, scalability and, more importantly, on-demand access to expertise. Log management is the first logical step in a seamless journey with managed services partner that can grow as your security program matures by implementing new capabilities and leveraging the same cloud technology and infrastructure.

Today’s enterprises need a managed security services provider that can deliver a flexible solution at a significantly reduced cost and provide a seamless upgrade path. The provider’s platform should be capable of offering log management with basic alert monitoring and an integrated security intelligence view with a combination of analytics and event monitoring for flow, vulnerability and log data.

The core capabilities for this type of service will differ but should contain the following qualities:

  • Flexibility: A full suite of upgradable security intelligence offerings and service tiers from which to choose
  • Cost-Effectiveness: Easy to acquire and deploy with no capital expenditures
  • Skill Access: Trusted security service professionals available to provide guidance and meet your security requirements

Your security posture can be strengthened through enhanced awareness, global threat intelligence, correlation and analysis, as well as deep, holistic vulnerability management and application security that can help address the most demanding compliance and protection requirements.

Image Source: iStock

More from Security Services

How a new wave of deepfake-driven cyber crime targets businesses

5 min read - As deepfake attacks on businesses dominate news headlines, detection experts are gathering valuable insights into how these attacks came into being and the vulnerabilities they exploit. Between 2023 and 2024, frequent phishing and social engineering campaigns led to account hijacking and theft of assets and data, identity theft, and reputational damage to businesses across industries. Call centers of major banks and financial institutions are now overwhelmed by an onslaught of deepfake calls using voice cloning technology in efforts to break…

What should Security Operations teams take away from the IBM X-Force 2024 Threat Intelligence Index?

3 min read - The IBM X-Force 2024 Threat Intelligence Index has been released. The headlines are in and among them are the fact that a global identity crisis is emerging. X-Force noted a 71% increase year-to-year in attacks using valid credentials.In this blog post, I’ll explore three cybersecurity recommendations from the Threat Intelligence Index, and define a checklist your Security Operations Center (SOC) should consider as you help your organization manage identity risk.The report identified six action items:Remove identity silosReduce the risk of…

X-Force Threat Intelligence Index 2024 reveals stolen credentials as top risk, with AI attacks on the horizon

4 min read - Every year, IBM X-Force analysts assess the data collected across all our security disciplines to create the IBM X-Force Threat Intelligence Index, our annual report that plots changes in the cyber threat landscape to reveal trends and help clients proactively put security measures in place. Among the many noteworthy findings in the 2024 edition of the X-Force report, three major trends stand out that we’re advising security professionals and CISOs to observe: A sharp increase in abuse of valid accounts…

Topic updates

Get email updates and stay ahead of the latest threats to the security landscape, thought leadership and research.
Subscribe today