The threat landscape continues to grow at a rapid pace, and organizations need security solutions that can keep up. A modern SaaS SIEM is built in the cloud, provides extended coverage across diverse data sources, and leverages automation to expedite response and containment, making it a great tool to help combat these complexities and stay ahead of attackers.
Our recent webcast, “Security Trends Driving Threat Detection & Response Priorities Today” calls out key challenges security teams are facing today and how a modern SaaS SIEM approach can help. See below for the highlights, and check out the full webcast here.
The security landscape is changing faster and the footprint is exponentially larger
The significant increases in remote work and cloud application adoption over the past year have only expedited growth for the already fast-growing security landscape. This acceleration is bringing new security challenges. Not only is there now more to keep track of and monitor, but security teams are often left trying to monitor modern environments with outdated security tools. And, even if an organization does have newer security tools, they’re generally scattered point solutions, making it so teams have to constantly context-switch and jump in and out of multiple solutions to get a full picture of their environment.
A SaaS SIEM can help by ingesting and analyzing diverse data sets. Its cloud foundation allows teams to keep pace with accelerating change within complex environments. And, with all of their critical security data within one solution, organizations have correlated insights from across their environment without needing to go in and out of multiple tools.
Insider threats continue to rise
Ponemon Institute’s 2020 global report found that since 2018, there has been over a 47% increase in insider threats and an overall over 31% increase in associated costs. While a majority of these threats don’t have malicious intentions (62% are caused by employee negligence, like disregarding IT policies), the less frequent instances like user credential theft (14%) are incredibly costly for organizations. Additionally, it takes an average of 77 days to contain an insider threat, leaving attackers with far too much time to cause harm to the network and exploit the business.
While employee training is definitely a huge step in combating insider threats from negligent employees, on the technology side, SaaS SIEMs again provide this holistic view across an organization’s environment. With capabilities like Endpoint Detection and Response and advanced User Behavior Analytics, SaaS SIEMs provide teams with the ability to detect threats early on in the attack chain. And, the kicker: Automation enables teams to find and contain threats in minutes, not 77 days.
Remote work is here to stay
Over the past year, remote work has continued to rise—71% of people work from home now, compared to 20% prior to the COVID-19 pandemic, according to a PEW Research Center survey. And, with 54% interested in continuing to work remotely post-pandemic, it’s safe to say that remote work is here to stay.
This work-from-home trend has introduced new security priorities and needs. Organizations have to adapt to new tools at an accelerated pace to keep up with the move to remote work. There is also an increased need for endpoint visibility to monitor remote devices—a network-only approach is too limited, and teams need a diversity of coverage across the attack surface. And, in some instances, security teams may also be working remotely.
A SaaS SIEM provides agility and can easily scale to support dynamic environments and new applications. A cloud-hosted agent allows teams to have coverage across all remote endpoints, and with UBA capabilities, you’ll have even more insight into what’s happening across your environment. Teams can also collaborate seamlessly, so no matter where they are in the world, everyone can look at the same data and information within one solution.
The job of a security analyst is getting harder
While this concept isn’t necessarily new, the past year has definitely made the job of a security professional even more difficult in a very short period of time. The industry was already experiencing a skills gap, and we’re seeing that play out in a variety of ways today.
Since the skills gap is only getting wider, there’s a need to develop talent in order for teams to upkeep their security stack, which takes a lot of time. There’s also constant context-switching as analysts jump between several different tools in order to get a holistic view of their environment while contending with an overwhelming amount of data and alerts to sift through. Analysts are also spending a lot of time on non-security work as teams are tasked with operational infrastructure management, which is a lengthy process when using traditional SIEMs.
SaaS SIEMs are built in the cloud to get your team deployed and up and running quicker than ever before. With all of your endpoint, network, and cloud data in one solution, you’re able to consolidate visibility. The SaaS model also means automatic updates, detections, and new features, so there’s no need for manual updates and continuous costs to purchase new hardware as you scale. Instead of manually setting up alerts without context or bogging teams down with false positives, a SaaS SIEM like Rapid7’s InsightIDR offers high-quality, out-of-the-box alerts.