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Security information and event management (SIEM) centralizes security alerts through data aggregation and data normalization to provide an integrated view of security events for review and action. A threat detection system allows organizations to detect threats in real time, manage incident response, comply with regulations, and streamline line security operations to strengthen their security posture.

What are the benefits of SIEM?

Organizations need to identify and address security vulnerabilities and threats that disrupt operations. SIEM solutions can provide a holistic view of the security landscape since they ingest event data from various sources across the entire IT infrastructure. They can identify potential threats and vulnerabilities that might go unnoticed when analyzing events in isolation, improving security incident detection.

Security teams can respond promptly and efficiently since they have real-time visibility into security events. SIEM solutions streamline the incident response by providing centralized access to event data, tools, and collaboration capabilities, minimizing the impact before these threats can cause lasting damage.

SIEM solutions also help organizations stay aligned with industry-specific regulations, enhancing compliance management. They can automate manual tasks, reducing the workload for security teams and the costs associated with security management, including financial and reputational damages.

Outlined below are the top 5 best SIEM solutions in 2024.

1 Splunk Enterprise Security

Splunk
(Photo : Screenshot from Splunk website)

Overview

Splunk protects businesses and elevates security operations with its automated investigations and responses. It can provide visibility into all digital systems, enabling organizations to respond to incidents before they can disrupt business operations. It can also proactively monitor when issues arise with security and observability capabilities so mission-critical assets stay secure and reliable.

It is trusted by the world's leading organizations. It can mitigate risk at scale through its SIEM solution called Splunk Enterprise Security, which offers ML-powered analytics to help SecOps, ITOps, and engineering teams collaborate effectively to combat threats and protect the business. It provides high-fidelity alerts to shorten triage times and raise true positive rates, helping them prioritize actions to address the most critical threat.

Splunk Enterprise Security improves the detection of sophisticated threats like low-and-slow attacks that traditional SIEM tools miss. It provides out-of-the-box alignments to leading cybersecurity frameworks, helping teams transform valuable security concepts into foundational cornerstones of security operations.

It is built on an open and scalable data platform, enabling teams to stay agile in the face of evolving threats and business needs and increasing flexibility and compatibility across tools and technologies.

Key Features

Threat Topology

Analysts can gauge the extent of a security incident by mapping all the associated risks, and threat objects through threat topology. They can discover the scope of an incident and pivot between the affected assets and users in the investigation so they can plan their response immediately.

MITRE ATT&CK Framework Matrix

Splunk Enterprise Security can provide situational awareness to security analysts around an incident in the context of the MITRE ATT&CK Matrix. It also leverages machine learning and 1400+ out-of-the-box detections to detect advanced threats for frameworks like NIST, CIS 20, and Kill Chain.

Security Dashboards

It delivers data-driven insights through the Security Posture dashboard so users can gain full-breadth visibility across the organization. They can configure the dashboard with the KPIs they need and monitor the changes over 24 hours.

It also features an Executive Summary dashboard for senior leaders so they can monitor the overall health of the security program with the ability to filter security metrics, giving them increased visibility.

In addition, an Incident Review dashboard is also included to provide a starting point for users to investigate an incident. They can sort the events by severity to remediate them based on priority.

It also features a Risk Analysis dashboard so security teams can track and categorize assets by risk. They can prioritize assets with increased activity over assets that only contain confidential information to reduce alert noise. They can also gain visibility into the anomalies across users' behavior through the Access Anomalies dashboard, displaying the concurrent authentication attempts from different IPs.

Risk Based Alerting

Risk-based alerting reduces false-positives detection rates. The SIEM tool sends out alerts when risks and behavior thresholds are exceeded based on the risk attributed to users and systems.

Adaptive Response Actions

Splunk can accelerate response and remediation against any notable event through adaptive response actions.

Investigation Workbench

Users can also centralize all threat intelligence, security context, and relevant data for fast and accurate assessments of incidents by switching to the investigation workbench.

Splunk Enterprise Security predicts, identifies, and solves problems in real time. It can gather the entire context needed for efficient investigations by ingesting data from multi-cloud and on-premises deployment, accelerating threat detection to build stronger digital resilience. Organizations can leverage this SIEM solution to improve digital resilience across cloud, multi-cloud, and hybrid environments.

2 Wazuh

Wazuh
(Photo : Screenshot from Wazuh website)

Overview

Wazuh is a security platform that offers unified XDR and SIEM protection for endpoints and cloud workloads. It is a free and open source solution that safeguards workloads across a wide range of environments such as on-premises, virtualized, containerized, and cloud-based. It is used for threat detection, incident response, File Integrity Monitoring (FIM), and regulatory compliance.

Wazuh has been recognized as the best SIEM solution, delivering on its promise to provide simple and quick detection and remediation of security threats. It enables enterprises to gain insights throughout their IT infrastructure, improve security, and save operating costs. Wazuh is a comprehensive security platform with no licensing fees but charges only for special support services. It provides automatic updates and health checks through the Wazuh cloud service while making cybersecurity accessible to organizations of all sizes.

Wazuh SIEM solution is easy to deploy and integrates easily with third-party tools. It provides endpoint security agents that monitor various systems, as well as central components that process and analyze the data generated by these agents.

Wazuh SIEM has more than 20 million downloads each year and over 100,000 enterprise users, making it the most widely used open source security solution. It is designed to protect digital assets and improve cybersecurity posture.

Key features

Security log analysis

Wazuh collects, analyzes, and stores event logs from endpoints, network devices, and applications to identify potential threats, anomalies, or Indicators of Compromise (IOCs). It adds contextual information to its alerts to speed up investigation and reduce response times. This enables security analysts to effectively analyze security logs.

Security configuration assessment

Wazuh scans monitored endpoints against the Center for Internet Security (CIS) benchmark to identify misconfigurations and security flaws while suggesting remediation actions. This allows security teams to detect and remediate misconfigurations within the IT infrastructure, as well as meet compliance requirements.

Alerting and notification

Wazuh sends alerts and notifications in real-time when security events occur, which helps security teams respond quickly and minimize the impact of security threats. Wazuh correlates events from multiple sources, which makes it a single point of access for security analysis and investigation. It also provides customizable dashboards and reports that can be tailored to meet the needs of the organization.

Reports and insights

Wazuh provides valuable insights into security events. Security teams can use reports generated by the Wazuh SIEM to demonstrate compliance with various regulatory standards such as PCI DSS, GDPR, NIST, TSC, and HIPAA. These reports can be scheduled for auto-generation at a preferred time.

3 LogRhythm SIEM

LogRhythm
(Photo : Screenshot from LogRhythm website)

Overview

LogRhythm SIEM detects and remediates security incidents quickly, streamlining incident investigation and response with a visual analyst experience. It creates an easy-to-follow security narrative that aggregates user or host data and activity into one view, making it easier to gain actionable insight to address security incidents faster.

It leverages the Machine Data Intelligence Fabric to contextualize and enrich data at the time of ingestion, translating complex data into simple language conducive to an accurate analysis. It offers embedded modules, dashboards, and rules to help teams deliver on the mission of their security operations center (SOC) at a low total cost of ownership.

Key Features

Built for Speed

LogRhythm SIEM synchronizes with third parties to obtain the most updated threat data to use during threat detection. It is built for speed, so teams identify threats, collaborate on investigations, and remediate threats with agility. It leverages machine learning, machine data intelligence, and search analytics to reduce the time it takes to discover threats.

Moreover, with advanced machine analytics, teams can accurately detect malicious activity, eliminating meaningless alarms and alarm fatigue. The SIEM tool features risk-based prioritized alarms that surface critical threats.

Log Collection

LogRhythm SIEM offers universal collection services that allow teams to collect data and store it in a single location, making it easier to find answers, identify IT and security incidents, and troubleshoot issues. Teams can also supplement traditional log collection with exclusive features like file integrity monitoring and registry integrity monitoring.

User Analytics

LogRhythm SIEM can detect user anomalies through its embedded deterministic user and entity behavior analysis monitoring. This protects organizations from insider threats that can potentially cause irreparable damage to the company.

Orchestration and Automation

The SIEM solution can also accelerate team efficiency and productivity through its security orchestration, automation, and response (SOA). Teams can overcome endless manual task lists by automating workflow, reducing the time to detect and respond with the ability to handle alerts and threats in real time.

4 QRadar SIEM

IBM Security QRadar
(Photo : Screenshot from IBM website)

Overview

QRadar SIEM helps security teams face today's threats proactively with advanced AI, threat intelligence, and access to cutting-edge content, amplifying their efficiency and expertise. It accelerates threat detection and response and reduces operational complexity.

The SIEM solution can analyze millions of events in near real-time by using analytics, prebuilt use cases, application vulnerability data, and X-Force Threat Intelligence to deliver high-fidelity alerts, ensuring complete visibility across the security ecosystem.

Key Features

Network Threat Analysis

QRadar SIEM combines depth and breadth of visibility with high-quality data and analytics to help teams analyze network activity in real time. This eliminates the blind spots so users can identify suspicious behavior before threats become disruptions. This also eliminates silos between tools, enabling broad threat visibility detection and response in a unified solution.

User Behavior Analytics

IBM's SIEM tool can help identify risky users and generate meaningful insights through user behavior analytics. It establishes a baseline of behavior patterns so teams can better detect threats to the organization. Teams can react more quickly to suspicious activity, from identity theft to hacking or malware.

Threat Intelligence

Teams can understand the latest threat landscape with the threat intelligence sources of QRadar SIEM. They can detect events like communication between endpoints and known malware distribution sites or anonymous proxy connections to a business partner portal.

IBM's SIEM solution is highly recognized in the security industry, with awards from G2, TrustRadius, and the Cybersecurity Breakthrough Award. It helps analysts hunt for cyber threats in near real time by turning disparate data sets into action.

5 Securonix Unified Defense SIEM

Securonix
(Photo : Screenshot from Securonix website)

Overview

The Securonix Unified Defense SIEM is built on a highly scalable Data Cloud that can accommodate massive data demands with an adaptable data storage model. It provides easy access to critical details before, during, and after a breach, giving teams the visibility they need to investigate threats. It streamlines data management and eliminates performance issues found in tiered storage models.

Key Features

Highly Scalable

It offers a robust and cost-effective architecture with a scalable, single-tiered data storage model. It can meet the data demands of modern enterprises, making data available and searchable.

Broad Threat Coverage

The SIEM tool Securonix can continuously deliver threat content as as-a-service, unlocking broad threat content for SOC teams. It gives access to extensive threat research from its world-class Threat Labs that act as an extension to the team.

Better Collaboration and Intelligence Sharing

Teams can harness the power of their peers and partners when using the Unified Defense SIEM. It provides on-demand context and autonomous threat sweeps, making knowledge sharing and investigations easier. They can take a more proactive approach to defense with tools to understand when systems are vulnerable to threats.

Unified Defense SIEM streamlines the user experience to deliver detection, investigation, and response in a single interface. It provides consistent data across TDIR processes with a threat coverage analyzer to understand security gaps based on their SOC maturity and a content library to update systems with the latest protection against threats.

Conclusion

SIEM consolidates security data from diverse sources to provide a single point of access for security analysis and investigation. Companies that adopt the threat system improve their threat detection, respond to incidents faster, and enhance their compliance management, mitigating risks effectively while bettering their cybersecurity defenses. Choose from the top 5 best SIEM solutions in 2024 to get a holistic view of the security landscape and respond proactively.

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