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TECH NEWSEnterprises and SMEs Alert! Is your traditional approach to Cybersecurity hurting your...

Enterprises and SMEs Alert! Is your traditional approach to Cybersecurity hurting your business growth?

Enterprises and SMEs Alert! Is your traditional approach to Cybersecurity hurting your business growth?

If yes, then read on!

In the current scenario where ransomware groups are creating cyber-attack havoc the world over, it has become business-critical for organizations to tighten their cybersecurity systems. The relevance of a SIEM (Security Information and Event Management) tool has increased multifold, whether a large organization or a small-medium-sized enterprise.

Enterprises in the mid-market segment or SMEs have always been apprehensive about SIEM. While everyone understands the benefits that come along with the tool, there are quite a few thoughts that have created a roadblock. Cost versus scale tops the charts but, some other thoughts that add to the hurdle are:

Finding it complicated: There is a gap in understanding how the tool functions and how it is deployed. Most find SIEM to be a complicated tool.

Does not solve big issues: There is a belief in the system that SIEMs are incapable of finding solutions to problems like mapping the threat landscape, ingesting, processing, and analysing data. Therefore, an inconsequential tool for their organization.

Lack of a skilled professional: Hiring skilled professionals who understand the system is not usually a priority in most organizations. Also, there is too much dependence on external vendors.

Lack of awareness: Mid-market segment enterprises are unaware of the current real-world cybersecurity risks and have limited knowledge and understanding.

See Also: Cybercrime: Definition, Types, And Categories

In this post, we discuss how mid-market enterprises should evaluate SIEM to find their fit.

Organisations like Splunk, QRadar, Exabeam and many others offer SIEMs with similar to minor differences with a general view of helping organizations fight cyber-attacks. While everyone is trying hard, each lacks at least one or two aspects.

Like QRadar offers ‘Auto Identification of Log Types’ but Splunk and Exabeam do not. Splunk offers ‘Watchlist Enrichments’ while QRadar and LogRhythm do not. These are just two examples. The list of differences is long, causing confusion and higher chances of errors for an SME.

Usually, SMEs think that due to their small business size they are safe from cyber-attacks.
While the intensity of cybersecurity threats differs from industry to industry, it is the mid-market segment that is the most vulnerable. And not to forget, each mid-size business has a unique business model requiring specific cybersecurity solutions. Therefore, ‘One size fits all’ does not fit well here.

Finding the right SIEM

Over the years, the cybersecurity industry has been reinventing the wheel to offer solutions to this segment, but it has not been enough.

Qradar, Arcsight, Splunk, Exabeam, LogRhythm, and many others have phenomenal SIEM
tools, but managing the platform becomes a bigger problem than cybersecurity itself with most of them.

In our search to find the right SIEM tool for the mid-market segment, we came across a new contender called DNIF that recently launched HyperScale SIEM. The company claims to be able to ingest and enrich petabyte-scale data at lower costs.

While we have written a lot about Qradar, Splunk, Exabeam and the likes, we decided to delve deeper into DNIF’s Hyperscale SIEM.

See Also: How serious is a HIPAA Violation?

Evaluating HyperScale SIEM

When the data volume scales, cost increases. Traditional SIEM vendors turn out to be
expensive in this scenario. Mid-size organizations start limiting the amount of data ingested or filtering and abstracting data before they send it to the SIEM tool. However, this approach compromises on data resolution and isn’t precise.

DNIF HyperScale SIEM is said to offer a composite solution that combines UEBA and SOAR
into a single application. Its petabyte-scale data lake can ingest, enrich, store and correlate data in real-time.

We also noticed that they offer one of the industry’s best data Compression Values, a general mode for up to 95% compression and the Maximal mode for up to 98.4% compression. It also comes power-packed with a 50K EPS processing capability with a standard 8 CPU server. Now, for a SOC, this means increased data compression leading to the low storage footprint, bringing down hardware cost to a third while delivering top performance. Also, Component level redundancy allows for system failure and data corruption.

As far as cost is concerned, their pricing model is based on a per-device-basis rather than by data volume or EPS. That is a game-changer, especially for the mid-market segment, where managing cost and growth in the same breadth is pivotal.

Additionally, DNIF HyperScale capabilities include ML-powered behavioural analytics to identify anomalous behaviours, real-time correlation against threat intelligence, predictive analytics, historical correlation, and other intelligent analytics to address a wide range of business-critical security use cases. In addition, the map signals on the MITRE framework can visualise attack progression and gain a timeline view of the events. You can investigate signals, perform incident analysis, hunt for threats, and correlate signals across solutions.

DNIF also offers a community edition. All the products’ features are freely available with no strings attached. It is free to use, and there is no limit on the amount of data or restrictions on the feature set. The community edition is supported by the community, and they seem to have a strong forum presence too.

If you are an SME or an Enterprise owner contemplating investing in SIEM, then DNIF
HyperScale SIEM is a must-try. www.dnif.it

See Also: Privacy Security Risk: Adapting The Practice Of Data Destruction

 

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