Imagine dealing with a silent, but mentally grating barrage of security alerts every day. The security analyst’s dilemma? They either need to cast nets wide enough to identify all potential security incidents, or laser-focus on a few and risk missing an important attack.

A recent Cisco study covered in CSO found that 44 percent of security operations managers saw more than 5,000 security alerts a day. As a consequence, they can only investigate half of the alerts they receive every day, and follow up on less than half of alerts deemed legitimate. VentureBeat says the problem is far worse. Just 5 percent of alerts are investigated due to the time and complexity of completing preliminary investigations.

The CSO article recommends better filtering to reduce threat fatigue, while focusing efforts on the most important risks to a company’s industry and business. These are great suggestions. However, in a world of exploding risks, you need a dedicated team of experts on point 24/7, while deploying technology to stay ahead of the threat landscape.

This is all very cumbersome and expensive. Even the largest companies in the world may not have this level of resources. That is where a tailored, affordable managed threat detection and response or co-managed SIEM comes into play. Here’s why co-managed SIEM is better than a DIY scenario for the digital transformation era:
 

1. A dedicated SWAT team for security – You may have great analysts, but they’re stretched and may be tired. Expand their reach with a team of external experts who can partner on calibrating and monitoring security services, follow up on alerts, and augment your team when you need more resources due to business growth, staff departures, or an inability to hire enough experts.
2. – It’s challenging to optimize processes when you’re constantly fighting fires. Leave that work to your partner. EventTracker’s Security Operations Center, for example, is ISO/IEC 27001-certified, and we have to work hard to maintain that certification by continually improving our information management systems for our clients.
3. – Self-managing a SIEM solution can be expensive and difficult. Co-management is on the rise and expected to grow five-fold by 2020. EventTracker’s SIEMphonic platform provides all the managed security services you need, including SIEM and log management, threat detection and response, vulnerability assessment, user behavior analysis, and compliance management. It collects data from a variety of sources, including your platform, application and network logs; alerts from intrusion detection systems; and vulnerability scans and analyzes it all.  In addition, our HoneyNet deception technology uses virtualized decoys throughout your network to lure bad actors and sniff out attacks.

If you’re concerned about the rise of risks, you should be. Your information security team has great expertise and skills – but it’s probably time to extend their reach.
 
Empower your company with co-managed SIEM and hone in on the real crises, despite a world of noise. Get managed security service today.