There is a technological battle going on between organizations and malicious actors trying to steal data. In the eternal faceoff between the light and dark, it is technology itself that is both shield and sword. Developments in cyber security have created a reality where SIEMs need to get better at the effective detection of/and response to targeted attacks and breaches. Security teams might think they can build their own analytics-driven SIEMs to suit this, and will often use a combination of products to create a platform that offers a range of capabilities for data collection, management and analytics. Subsequently, flexible delivery models can reinforce the organization’s security nerve center.
Solutions will need to go beyond simple detection and response to address advanced threats, which scales and secures an enterprise’s journey to the cloud, providing deep insight into the security ecosystem and application. Leaders in this space are already investing more and more in supporting a diverse range of business and technical requirements, especially when it comes to integration with third parties/vendors, improved workflow, automation and scalability. This and the growing popularity of IoT solutions and connected devices has further boosted the penetration of IT solution across major industrial and service sectors. As a result, the significant presence of IT systems and solutions coupled with large exposure to various devices results in effective and efficient management of cyber security posture of the organization.
Thus, the organization has spent heavily towards minimizing the potential vulnerabilities and containment of immediate unauthorized access and breach of data. Also, the growing sophistication of cyber threats coupled with a large number of alerts and events notification has created a strong demand for the robust and efficient market for various security-related solutions. Also, the massive cyber security attacks targeting various critical utilities and organization has swung the various international agencies into action for improved corporation towards developing superior solutions capable of mitigating such threats. It is estimated that the total spending on enterprise security was estimated around 98 billion in 2017, and expected to have high year-on-year growth during the forecast period.
Moreover, the continuous organization inclination towards improved security posture, due to their data sensitivity in sectors such as BFSI, government, defense, educational institutes, utilities and industrial among other sectors are also anticipated to drive the growth of the Security Information and Event Management market during the forecast period. To help business providers in selecting promising plastic tech solutions, a distinguished panel of prominent marketing specialists and analysts, along with Enterprise Security Magazine’s editorial board has assessed and shortlisted the start-up companies offering pioneering technology solutions in the SIEM industry. This listing gives a comprehensive understanding of solutions that can be implemented to optimize your business process. We present to you, our Top 10 SIEM Solution Providers 2019.