Thousands of organizations, quite possibly yours, have major issues and flaws when it comes to their security operations. Choosing the right MSSP SIEM partner may be critical to your success. Why? you might have a security provider on your team but that doesn’t mean they have your back. You can hire cybersecurity service providers but they too need help. Your internal team may be slow, and may find itself swamped by threats — you need to be proactive and incredibly resilient, that is why investing in SIEM service providers is a must. It is crucial to provide demonstrable value to customers while maintaining a sustainable margin.

What is MSSP SIEM? 

The SIEM  acronym stands for “Security Information and Event Management”. SIEM is a platform that monitors and analyzes data from different sources. SIEMs are designed to detect cyber attacks and security breaches. A SIEM tool is in fact software that collects and analyzes information from different sources to detect cyber attacks or security breaches. They are designed to be able to collect data from any type of network, whether it’s on-premises or cloud-based.

SIEMs can also integrate with other systems such as firewalls, VPNs, anti-malware software, antivirus software, etc. These integrations allow the SIEM to analyze the traffic going through these systems for potential threats before they reach the network

Meanwhile, MSSP is a managed security service provider that offers cybersecurity, data protection, and compliance services.

The company provides its services via two channels:

  • Managed Services: A full-service suite of cybersecurity offerings for enterprise customers.
  • Professional Services: A consulting firm that provides specialized cybersecurity services to help organizations protect their information assets.

When combined, an MSSP SIEM solution is a firm or company that not only gives you key security tools, but is also well versed in SIEM tools and has integrated their power, their automation capabilities, their AI dispositions, and their state-of-the-art tech into its protocols and methodology. 

Today, it is critical that a company supports its practices with digital assets and tools like SIEM. Why?

  • It maintains the firm at the forefront of today’s trends.
  • It gives it fast response rates — since the response is partly managed by algorithms and automation processes.
  • It helps comply with ever-changing mandates and regulations. 
  • It gives it more value — since with an MSSP SIEM protocol deeply ingrained in their practices they are branding themselves as a company that values privacy and security. Not just their own, but those of their consumers.

How to choose the best SIEM of an MSSP model

Here are a couple of tips to take to heart when choosing an MSSP SIEM solution. Things you have to factor in. 

Set-up

There’s a cost, and complexity when setting up a SIEM solution within your organization. It’s important to factor in all those price tags and what it will mean for your bottom-line implementing such a change. In many cases, it is better to hire a third party to do it for you. 

Deployment 

One of the biggest issues when it comes to an MSSP SIEM solution is deployment. You will need the cooperation of all your department heads and their team — the simpler you manage to get them in line, the more the intracompany support, the faster your deployment process. 

Threat Intelligence 

Most SIEM solutions offer regular data logging, which means it relies on alters from a security tool. Machine Learning or AI-powered SIEMS can greatly enhance your host environment and security. Give you greater security analysis, and provide more intelligent insights into network behavior, that hunting, as well as forecasting — they also cost more. SIEMS enables forensic analysis of logs and data events, the smarter, the more automated it is the better. Remember SIEMS stores long-term historical data, critical for not only compliance but forensic investigations, and a good AI-powered SIEM can help correlate this data into useful, actionable intel.  

Compliance Requirements

Each company and jurisdiction has complete issues to take into account. Each firm and each company has to adequate their systems and their tools to their environment, not only their platform, but their Federal dictated mandates It’s important to find a SIEM that is customizable, one that can streamline compliance requirements that are unique to your industry and your region. SIEMS gathers log data for standards like HIPAA, PCI/DSS, HITECH, SOX, and GDPR and then generates compliance reports. 

Platform Architecture 

Another key issue to consider, when employing an MSSP SIEM solution, is your platform architecture. Remember meshing a SIEM solution is complex, and it takes time for everything to click into place. 

The benefits of finding the best MSSP SIEM solution

The benefits of finding the best SIEM solution are that it will provide you with a complete overview of your company’s security and compliance. It will also help you identify security gaps and risks, which can be mitigated quickly.

A Security Information and Event Management – SIEM – the solution is an essential component for any company that has been compromised by a data breach or wants to protect itself from cyber-attacks. This article will discuss the importance of finding the best SIEM solution for your business, as well as some key things to consider when making this decision.