SIEM systems can reduce your organisation’s risk exposure, yet unleash a flood of event data. The challenge is then to ‘find the needle in the haystack’ and ensure that the IT risk management effort has the right focus. In this Short White Paper, Master of Information Security and CISSP Paul Nevin advocates a risk-based approach to IT security that builds a compliance baseline for comprehensive risk mitigation. Paul shows, from an IT security analyst’s point of view:
• How to use SIEM to quantify the risk and impact of events over time
• The value of wider context when assessing cyber security threats
• The benefit of a forensic repository to improve log management and event analysis
• How to use data mining and a knowledge base to automate complex analyses
• The value of speedy event interpretation, risk mitigation and risk reduction.
Key terms and concepts addressed:
• Security Information & Event Management SIEM
• Log management, event contextualisation and policy-based compliance monitoring
• Enterprise-wide Security and Compliance Management, Real-time Protection
• Data security, Expert Knowledge Bases and vulnerability assessment
• Protective monitoring and Information assurance.
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INDUSTRY INSIGHTS
“…now Huntsman analyses the priority and impact of the events as they occur, automatically. It then alerts our teams so they can focus on reducing the risks rather than ploughing through the trial and error process of problem solving.”
Chief Information Security Officer, International Communications Carrier
