Cyber security is becoming a must-have for enterprises of all sizes in today's interconnected world. Both large and small businesses need comprehensive security solutions to protect them from threats that are becoming more complex and widespread.
Businesses are increasingly employing and being exposed to a wide range of apps, networks, devices, and terminals, which increases the complexity and opportunity of security breaches. Cybercrime impact can be felt across data breaches, network and operation interruptions, loss of confidence, and increasing preventative costs, in addition to the financial damage, which reached close to $1 trillion last year.
In this context, cyber security companies are constantly creating new technologies, countermeasures, and defense systems.
"Given the complexity and the opportunity for cybercrime, a robust security management program must be able to mitigate IT risks, anticipate and respond to security incidents, and maintain compliance with rules and regulations. Failure in any of these areas will compromise effectiveness, usually with significant detrimental impact on bottom lines."
-Farhad Khalilnia, CEO of Penta
To introduce Security Information and Event Management (SIEM) systems as part of any effective Security Operation Center, security organizations use a combination of information and event management solutions (SOC). SIEM has been around for a decade, but it has evolved significantly from its original log monitoring function.
It now employs cutting-edge software to continuously monitor and analyze telemetry and logs from IT infrastructure locations in order to spot anomalies and behavioral patterns that could indicate a problem. It collects data from a variety of sources and formats, and it can be handled either internally by IT security teams or externally as a service.
In addition, IT risk solution portfolios must now cover a comprehensive spectrum of services, including governance, regulatory, and compliance requirements, as well as a host of complementary services such as policy development, insurance support, training and awareness, monitoring, and reporting, all based on thorough audits and assessments. The aim is to determine the optimal cost-benefit ratio that aligns with organizational needs in order to address real-world threats. Penta Sentinel, for example, aims to identify this sweet spot.