Use cases for Co-Managed SIEM
Most organizations will find the same short list of scenarios and solutions where co-management of security and event information is strategic and beneficial.
Here are a few common use cases:
1 Compliance requirements
Businesses in a regulated industry often require a security analyst watching a SIEM 24 hours a day, 7 days a week. The equates to a minimum six regular full-time hires to cover three shifts per day and the weekend, with some overlap for time off and sick days.
2 Ownership of data
An ideal solution allows a business to retain control and dominion over their own data. Services that involve “black boxes” or indeterminate cloud-based servers cannot assure full data security or ownership should a services contract end. A co-managed SIEM solution works with an organization to allow them full ownership of data and storage.
3 Getting full value from purchased security tools
Many product-based security tools and packages require involved configuration and expert tuning. A business or organization often does not have an IT security team with the free time or experience in getting full potential from a SIEM product.
4 Making cybersecurity less complex
Considering the myriad ways an organization can be compromised is often daunting, and it is easy to get “off in the weeds” with any given specific detail. A co-managed SIEM solution allows CISOs to relegate the SIEM component to a manageable block…just another box checked.
5 Retaining the investment of security information
Building and configuring a SIEM is a process that involves experienced security engineers. Once that work is completed, any and all assets such as runbooks, dedicated servers, etc, continue under your ownership. If you want to switch to a different management team, or bring the management back in-house at a later time, you can.