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SECURITY ANALYTICS

 

Security analytics is a method of threat detection and security monitoring that employs data collecting, aggregation, and analysis technologies. Security analytics technologies enable organizations to evaluate security events to discover possible attacks before they have a detrimental impact on the company’s infrastructure and bottom line.

To detect, evaluate, and mitigate internal risks, as well as persistent cyberthreats and targeted attacks from external bad actors, security analytics integrates big data skills with threat intelligence.

Cybersecurity analytics are significant because they allow IT, security teams to take control of cybersecurity monitoring. Security analytics can help your organization get insight across its whole IT ecosystem, enabling faster threat detection and the automation of more manual security activities.

The Role of Security Analytics

Security analytics is a developing field with a lot of potential for enterprises that want to remain on top of vulnerabilities and stay one step ahead of cybercriminals.

A number of factors are driving the expansion of security analytics, including:

Transitioning from protection to detection: Hackers deploy a variety of attack strategies to exploit numerous vulnerabilities. For months, certain risks can go undiscovered. Security analytics systems can monitor common threat trends and send notifications when anomalies are identified.

A unified perspective of the enterprise: Security analytics organizes data in such a way that it can be viewed in real-time as well as in the past. This enables smarter planning, faster resolution, and better decision-making by providing a unified view of risks and security breaches from a central console.

Seeing outcomes and getting a return on investment: IT teams are under increasing pressure to convey their findings to senior management and stakeholders. Security analytics enables analysts to quickly identify risks and respond to security breaches by providing time-to-resolution metrics and fewer false positives.

 

BENEFITS OF SECURITY ANALYTICS

Organizations benefit from security analytics technologies in numerous ways:

1. Early detection and response to security incidents. To detect threats or security issues in real-time, security analytics solutions analyze data from a variety of sources, connecting the dots between various events and alerts. The security analytics software does this by analyzing log data, combining it with data from other sources, and identifying correlations between events.

2. Adherence to regulatory standards. Compliance with government and industry laws is a primary motivation for security analytics technologies. Security analysis tools integrate a wide range of data types to give companies a single, unified view of all data events across devices, as required by regulations like HIPAA and PCI-DSS.

3. Improved forensics capabilities. For performing forensic investigations into occurrences, security analytics technologies are extremely useful. Security analytics tools can reveal the source of an attack, how a compromise occurred, what resources were affected, what data was lost, and more, as well as a timeline for the incident. Being able to recreate and analyze an incident might assist to inform and enhance organizational defenses in the future, ensuring that similar incidents do not occur.

Uses of SECURITY ANALYTICS

From boosting data visibility and threat detection to network traffic analysis and user behavior tracking, security analytics offers a wide range of applications. The following are some of the most common security analytics use cases:

  • Employee monitoring
  • Detecting data exfiltration by attackers
  • Detecting insider threats
  • Identifying compromised accounts

Above all, through the correlation of actions and alarms, security analytics aims to turn raw data from various sources into actionable insights in order to identify situations that require prompt attention. Security analytics technologies do this by adding a critical filter to the massive amounts of data provided by people, apps, networks, and other security solutions.

Security Information and Event Management (SIEM) – An Overview

Security Information and Event Management (SIEM) is a branch of computer security that combines Security Information Management (SIM) with Security Event Management (SEM) in software products and services. Security devices, network equipment, systems, and applications all provide event data, which SIEM technology aggregates. They analyse security alarms generated by applications and network devices in real time. Contextual information on people, assets, threats, and vulnerabilities is linked with event data for compliance or security audit purposes.

SIEM (Security Information and Event Management) is a security system that assists enterprises in identifying potential security threats and vulnerabilities before they interrupt business operations. It identifies suspicious user behaviour for threat detection and incident response.

Log Management

SIEM (Security Information and Event Management) gathers event data from a variety of sources across an organization’s network. Logs and flow data from various users like employees or clients, applications, cloud environments, assets and networks are collected, saved, and analysed in real-time, allowing IT and security teams to monitor their network’s event log and network flow data from a single centralised location. Some SIEMs link with third-party threat intelligence channels to correlate their internal security data with previously identified threat signatures and profiles. Security teams can block or identify new attack signatures by integrating with real-time threat sources.

Security Alerts and Incident Monitoring

SIEM systems can identify all devices in the IT environment since they provide centralised control of on-premise and cloud-based infrastructure. SIEM technology monitors for security incidents across all connected individuals, devices, and applications, identifying suspicious activity as it occurs in the network. SIEM systems reduce IT security teams’ average time to detect and average time to respond by offloading the manual operations involved with in-depth security event analysis.

Analytics and Event Correlation

Any SIEM solution must include event correlation as a component. Event correlation gives insights to swiftly find and mitigate possible threats to enterprise security by utilizing advanced analytics to identify and analyse complex data patterns. Administrators can be warned promptly using customizable, specified correlation rules and take appropriate action to mitigate the incident before it escalates into more serious security risks.

Investigating for Forensic Purposes

When a security issue happens, SIEM systems are suitable for performing digital forensic investigations. SIEM systems enable businesses to collect and analyse log data from all of their digital assets in one central location. This enables them to reproduce previous occurrences or evaluate new ones in order to examine suspicious activity and improve security systems.

Compliance and Regulation

SIEM solutions are a popular choice for businesses that must comply with a variety of regulations. SIEM is a powerful tool for gathering and verifying compliance data across the whole corporate infrastructure since it allows automated data collection and analysis. SIEM solutions create real-time compliance reports for compliance requirements, easing security management and detecting any violations early. 

New Advanced Real Time Threat Detection

Organizations must be able to rely on solutions that can detect and respond to both known and new security threats, given how quickly the cybersecurity environment changes. SIEM solutions can successfully mitigate newer security breaches by utilizing integrated threat intelligence feeds.

SIEM products are available as software, equipment, or managed services, and they are used to log security data and generate compliance reports. Clients’ need to analyse activity data in real time for early identification of cyberattacks, data breaches, as well as collect, store, investigate, report on log data for incident management, forensic analysis and regulatory compliance, are the Security and Information Event Management (SIEM). Taking proactive actions to check and mitigate IT security risks is critical, regardless of how big or small your company is. Enterprises benefit from SIEM solutions in a variety of ways and they’ve become an important part of optimizing security procedures.