Big Data Security Analytics , Black Hat , Cloud Data Security & Resilience

What Does an Ideal SIEM Look Like? Inexpensive

The biggest challenge for organizations using security, information and event management solutions today is the cost. To maintain an ideal SIEM, organizations struggle with the high expenses of running the systems, hiring staff to manage them and ensuring 24/7 monitoring by security analysts, said Chris Bisnett, CTO at Huntress.

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The costs associated with managing and maintaining SIEM can overwhelm small organizations. By identifying the specific data that needs to be stored and cutting out unnecessary information, Huntress helps lower expenses tied to data storage and management. This approach maintains strong security controls for the business without the financial burden of traditional SIEM systems.

"What drives that cost? Overall, it's data," Bisnett said. The more data you have, the more it costs you to process it, store it and maintain it, he said. "So we said: 'Let's find the things that we think are important and just throw away the noise.'"

In this video interview with Information Security Media Group at Black Hat 2024, Bisnett also discussed:

• The evolving role of SIEM in the cybersecurity insurance landscape;
• Why Huntress is unique in the SIEM marketplace;
• Reducing SIEM costs by focusing on storing only critical security data.

At Huntress, Bisnett provides managed endpoint detection and response and identity threat detection and response services as well as security awareness training to small and medium-sized businesses. He previously worked as a government contractor, supporting offensive cyber operations for the National Security Agency.