The modern era is marked by a diverse array of attack risks, from advanced malware to insider threats, and effectively defending against them involves protecting sensitive data while preserving network integrity. This is where security information and event management (SIEM) systems enter the scene as a strong monitoring solution with capabilities that detect, analyze, and conduct awareness of security incidents in real-time.
However, there are several SIEM solutions on the market—so how do you decide which one is best for your organization? This guide explains the essentials of SIEM technology, provides a complete SIEM evaluation checklist, and explains why SentinelOne differs from other vendors in the vast field of cybersecurity.
What Is Security Information and Event Management (SIEM)?
SIEM (Security information and event management), aka security information and event management, is a complete cybersecurity solution, with SIM (security information management) that identifies trends and adds context to data, and SEM (security event management), which offers real-time monitoring for security issues and acts as one cross-platform/enterprise service. SIEM systems take in data from logs to analyze and correlate those log streams to detect security threat actions or reduce response time.
In simplest terms, an SIEM solution is centralized log management, gathering data from network devices, servers, applications, and security-focused tools. It uses advanced analytics to discover patterns, anomalies, and security threats. This holistic approach enables organizations to detect and respond to security incidents more effectively and efficiently.
Why do you need a SIEM system?
- Advanced threat detection: SIEM systems can spot sophisticated threats that regular security tools may overlook as they incorporate complex algorithms and machine learning. They identify advanced persistent threats (APTs) and insider threats more promptly by blending data from diverse sources together.
- Enhanced incident response: With inbuilt real-time alerting and response functions, SIEM solutions allow security engineers to respond rapidly to potential threats, limiting the blast radius and decreasing the mean time to detect (MTTD).
- Compliance management: Various industries have to follow strict regulatory requirements. SIEM solutions help comply with GDPR, HIPAA, and PCI DSS, thanks to its built-in compliance reporting features.
- Single pane of glass: The solutions can automatically monitor and manage security across the entire infrastructure with a single pane, ensuring that operations not only become simplified but also offer visibility throughout.
- Forensic analysis: In the event of a security breach, SIEM systems provide strong forensic capabilities so that organizations can investigate incidents thoroughly and derive lessons to prevent breaches in the future.
How to Evaluate a SIEM Solution?
When evaluating a SIEM solution, consider these five technical factors:
1. Comprehensive data collection and integration
Assess the ability of the SIEM tool to consume and standardize data from all available channels like network devices, servers and workstations, cloud services (e.g., AWS logs or Azure Sentinel), and applications both installed in-house and SaaS-based security tools like antivirus solutions. Consider how well it can support structured or unstructured data and various log formats. A strong and robust data-aggregation capability should feature agentless collection and API integrations to allow custom parsers to aggregate all relevant information.
2. Threat detection and advanced analytics
Look at the SIEM system’s analytical capability and how well it can correlate events in real-time across different sources of data. Organizations looking to use it need key capabilities like machine learning algorithms for anomaly detection, user and entity behavior analytics (UEBA) for insider threat identification and integration with threat intelligence feeds. Test how well it can discover multi-stage attacks and APTs via CEP (complex event processing) and pattern correlation.
3. Scalability and performance
Review the scalability and performance of SIEM solutions on high data volumes. Think of horizontal scaling (add nodes) versus vertical scaling (upgrade hardware). Check both the capacity of a SIEM system to operate under higher loads and its compatibility with cloud or hybrid deployments for scalability.
4. Forensic capabilities and compliance reporting
Evaluate the SIEM (Security information and event management) system’s data storage and archiving mechanisms, particularly with respect to compression rates and long-term storage possibilities. Analyze its ability to analyze historical data and query large datasets quickly. Examine the granularity and extent of configurability in log retention policies. Check SIEM forensic tooling, such as whether it allows event reconstruction, timeline analysis capabilities, and chain of custody for digital evidence handling.
5. Usability and automation
Inspect functions such as the API ecosystem of the SIEM and its integration with existing security tools and SOAR platforms. Evaluate how flexible its rule engine is in developing custom correlation rules and if pre-built rule sets are available. Look at what is possible with its automation features in terms of automatic log collection, normalization, and report creation. Review the type of customization available for dashboards and query building complexity required to explore data.
SIEM Evaluation Checklist: 9 Key Factors to Consider
Following is the list of evaluation factors companies should keep in mind before opting for SIEM solutions.
1. Collection and integrated logs
An SIEM solution must be able to support a broad range of log sources, like network devices, servers, applications, and cloud services. Check both agentless and agent-based collection techniques. Verify API integrations with third-party tools and custom applications. The log parsing and normalization abilities are crucial factors. Make sure it supports structured and unstructured data formats. Test the log ingestion and processing in real time.
2. Monitoring and alerting
Test the SIEM configurable correlation real-time rules and ability to create multi-stage alerts for sophisticated threat scenarios. Check customizable alert priority and severity attributes. Look for support in both threshold-based and anomaly-based alerting mechanisms. Also, look for features to suppress and aggregate alerts in order to deal with alert fatigue.
3. Threat intelligence source integration
Check whether the SIEM system is capable of supporting multiple threat intelligence feeds and can facilitate threat intel in STIX, TAXII, or IoCs formats. Check automated correlation with internal events and external source-treated data. Look for the option to both create and manage custom threat intel feeds. Check historical threat intelligence matching with log data and use threat intel-driven alert enrichment capabilities.
4. Scalability and performance
Review the distributed SIEM architecture for horizontal scaling as well as load balancing and high availability. Examine key performance indicators (KPIs) such as events per second and data ingest rates. Review the methods of storing and retrieving data at scale. Test system scalability for peak loads and data volume spikes.
5. UEBA (user and entity behavior analytics)
Evaluate the SIEM’s ability to perform user and entity behavior analytics through behavior profiling and learn what it means by “baseline.” Additionally, evaluate anomaly detection algorithms for insider threat prevention. Furthermore, assesses the ability of the system to detect account compromises, privilege escalations, and lateral movements inside the network. Moreover, look for features like context-aware risk scoring based on user and entity behavior.
6. Compliance reporting
Check built-in compliance report templates on the SIEM system for common standards and regulations requirements. Review the extent to which it is possible to generate custom compliance reports. Test compliance by storing data for long periods of time. Check audit trail capabilities and the ability to prove log data integrity.
7. Ease of use and customization
Test the SIEM system’s ease of use and overall UX. Evaluate the level of customization in dashboards, reports, and alerts. Look for drag-and-drop facilities to create your own correlation rules. Check for pre-built content like rules, reports & dashboards. Check for the learning curve and training requirements for using it well.
8. Incident response capabilities
Check the incident response workflow facilities offered by the SIEM system, including case management and ticketing integration. Additionally, test automated response and the potential for integration with security orchestration capabilities. Furthermore, assess the system’s ability to provide contextual information during investigations. Moreover, check for features that support collaborative investigations and knowledge sharing among team members.
9. Machine learning and AI
Inspect the SIEM’s machine learning and AI skills for more powerful hazard detection. Evaluate capabilities of unsupervised learning to aid in the detection and classification of unknown threats. Check the supervised learning models to enhance alert accuracy with time. Look for AI-based capabilities in areas of log analysis, threat hunting, and predictive analytics.
Why SentinelOne for SIEM?
SentinelOne stands apart from similar solutions in the competitive cybersecurity market thanks to its all-in-one platform comprising endpoint detection and response (EDR) with SIEM functionality.
With SentinelOne’s SIEM solution, companies can integrate their work and provide a more comprehensive view of their entire end-to-end infrastructure, from single endpoints to network-wide events. SentinelOne SIEM also detects and responds to potential threats before they lead to a catastrophic one in real-time using advanced AI and machine learning algorithms, hence drastically reducing the mean time to detect (MTTD) and mean time to repair (MTTR).
Using machine learning techniques, SentinelOne is able to correlate data from multiple sources and perform behavioral analysis for better recognition of complex attack patterns with high levels of noise filters in order to reduce the number of false positives. SentinelOne’s SIEM provides automation for response. This allows organizations to rapidly contain and limit the impact of threats before they can do major damage.
The scalability in terms of performance by SentinelOne’s SIEM is another part that trumps other alternatives. Due to the cloud-native design, this platform is capable of working with even larger data quantities and wider reaches if your network scales up while maintaining its efficiency and (more so) speed.
SIEM: A Key to Cybersecurity
Given the complexities and magnitude of modern-day cyber threats, organizations across sectors are employing a practical security information and event management (SIEM) solution to meet security demands. SIEM tools are a cornerstone of modern cybersecurity strategies, which more readily allow log data to be centralized and analyzed for real-time threat detection and allow incident responses faster than ever before.
Picking the right SIEM solution necessitates evaluating features like log collection, advanced analytics, scalability, and how easy they are to use. SentinelOne’s SIEM offering is unique. It includes an all-in-one platform with both EDR and SIEM capabilities fully integrated to use AI and machine learning for rapid, precision threat detection and response.
FAQs
1. What are the most important points when evaluating a SIEM solution?
- Scalability to handle growing data volumes
- Real-time monitoring and alerting capabilities
- Integration with existing security tools and infrastructure
- Customizable reporting and dashboard features
- Machine learning and advanced analytics for threat detection and response
2. What are the most important points when evaluating a managed SIEM solution?
- The provider’s industry expertise and certifications
- 24/7 monitoring capabilities
- Incident response procedures
- Customization options to fit your specific needs
- Transparent pricing models
- Comprehensive service level agreements (SLAs) that outline performance metrics and response times
3. What are the key components of an SIEM system?
- Log collection from various sources
- Data normalization to standardize information
- Event correlation to identify patterns and anomalies
- Real-time analysis and alerting
- Long-term data storage for compliance and forensics
- Reporting and visualization tools
- Security orchestration and automated response (SOAR) capabilities for streamlined incident management