Cybersecurity is a top priority for many businesses today because of the significant threats they face from hackers and cybercriminals. Companies now deal with a lot of consumer data and they are obliged to protect them from being leaked and accessed by malicious actors.
Cyberattackers use phishing attacks, data breaches, ransomware attacks, DDoS attacks, and other similar methods to infiltrate computer networks and disrupt business operations. They also improve their skills as companies upgrade their cybersecurity, causing those companies to proactively seek out threats to their IT infrastructure to nullify them.
Security Information and Event Management (SIEM) tools can provide companies with the proactive protection they need to ensure their operations run as smoothly as possible. As a business owner considering using SIEM tools, here are five benefits of using them to improve cybersecurity:
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Threat detection and prevention in real-time
Tools with SIEM capabilities constantly monitor computer networks to detect suspicious activity and alert cybersecurity personnel when there are potential threats. Due to this constant threat detection, companies will discover incidents in real time and prevent them from infecting the system. This real-time threat detection capability is a game-changer because a successful cyberattack can cause irreparable reputational and financial damage to the affected company.
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Centralized log management
SIEM tools offer centralized log management which is a vital feature for business cybersecurity. They collect data from various sources like routers, servers, and switches to analyze them to provide an overview of the network. This overview allows companies to discover trends and patterns that denote specific threats. With this knowledge, they can investigate cybersecurity incidents and trace their root causes faster.
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Better response to incidents
Companies that invest in SIEM tools can substantially increase their response times to cybersecurity incidents. This is because the tools will alert cybersecurity personnel as soon as they detect anything that needs attention. The alerts will contain information on the type of attack, its source, and the parts of the computer network affected so the personnel can immediately respond and apply the appropriate mitigation measures.
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Improved threat intelligence
Security Information and Event Management tools help companies improve their threat intelligence by collecting and analyzing data from different sources like security logs, vulnerability databases, and threat feeds. This data gives companies extensive knowledge about the new threats they can face. They can use this knowledge to protect themselves from those threats by identifying vulnerabilities in their systems and putting control mechanisms in place.
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Regulatory compliance
Governments around the world require companies to keep their customer data safe. This can be achieved with the real-time protection feature of SIEM tools and their ability to identify potential threats. By staying compliant with data protection regulations, companies can avoid fines and sanctions from government regulatory bodies.
Endnote
Security Information and Event Management are vital in today’s business world because of the cyber threats companies face constantly. Business owners that integrate SIEM tools with their existing cybersecurity structure will be able to spot threats quickly and prevent them from harming their computer network. They also help cybersecurity personnel respond to incidents by providing all the information about threats posed to the network. These features will ensure any company using SIEM tools comply with data privacy regulations so they can avoid penalties.
