The Brains Of The Operation
The need for continuous monitoring and incident response, adhering to compliance requirements, gaining and maintaining certifications and managing and retaining logs are driving demand for Security Information and Event Management (SIEM). The next-generation SIEM offerings can facilitate security analytics with statistical modeling, pattern modeling and machine learning.
SIEM tools can help companies manipulate data and guide decisions for event detection and are also used to identify potential breaches and dwelling threats from disparate network areas. Some of the drivers for security analytics include automation for error detection and remediation, adherence to stringent compliance mandates, holistic visibility, log collection and management, and reduced false positives.
[RELATED: The 2021 Security 100]
The SIEM market is expected to grow at a compound annual growth rate of 5.5 percent over the next half-decade, going from $4.2 billion in 2020 to $5.5 billion in 2025, according to MarketsandMarkets. North America is the most highly regulated area in the world with many regulations across various verticals, and companies are quite advanced when it comes to deploying SIEM offerings and best practices.
From protecting assets and quantifying risk to automating security operations to maximizing existing security investments, here’s a look at everything the 20 coolest risk, threat intelligence and SIEM companies have accomplished over the past year.