How Co-Managed SIEM Leads to Better Security Operations

8/16/19 10:00 AM  |  by RedLegg Blog

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In a landscape of advancing threats, building your security operations center is becoming more critical for company survival. The root of many security operations begins with a SIEM, but in this fast-paced terrain, the SIEM is only as powerful as its security team.

Co-managed SIEM, however, can be a flexible option, helping you grow to where you want to be in your security operations.

Small businesses are still a target for cybercriminals, comprising 43% of breaches, and cybercriminals are using fewer steps to attack your systems. Cybercriminals are becoming more efficient and innovative, and it’s our job to do the same.

But for many companies, getting ahead of the threat is quite difficult due to budgetary and skills-based concerns. Outsourcing your SIEM fully to a managed security provider and building your team in-house are both quite expensive options in their own right, each with their pros and cons depending on your company’s current position in its lifecycle.

Benefits of Co-Managed SIEM for Your Security Operations

In growing your security operations, a co-managed SIEM partner can help lead the way.  

1. Co-managed engineers can intervene and resolve operational issues on systems they have access to, resulting in quicker problem resolution.

In a co-managed SIEM model, the provider’s 24x7 engineers can review and resolve operational issues as they arise. Daily, routine operational tasks are taken off your plate so you can focus on the future of your security posture.

Your partner meets you where you’re at, helping better your processes and problem resolution. Fewer frustrations, more attention on proactive solutions.

2. Your security team becomes proactive, not reactive. Someone is watching your back while you work ahead.

Maybe one of the greatest benefits of co-managed SIEM. With pre-determined event escalation criteria, you’ll be notified of events when your attention is needed, without time spent pouring through logs. A co-managed SIEM provider can help you direct your focus to the betterment of your posture long-term. There’s more time for risk, threat, and vulnerability management as well as your Incident Response Plan and tabletop exercises.

Essentially, you buy back time with co-managed SIEM, helping you use that time to prevent future attacks. A co-managed partner also boosts your response time, causing your team to be more effective and agile.

3. You’ll optimize your employees’ value. The co-managed provider can still train your current employees.

While reviewing logs is great practice for a security analyst, your security team will be available to learn and approach new areas of your security posture, optimizing your current employees’ value. Working with a co-managed provider also means that experts in the field can train those employees and give fresh insight. Your team has more time to innovate and stay ahead of threats.

Your team will receive expert training and your co-managed provider will provide consistent talent, relieving you of hiring and job transition concerns.

4. You can focus on your company objectives. The co-managed SIEM provider helps you grow and achieve your goals.

Every security team aids the overarching company objectives. Whether it’s gaining more visibility into your environment or ensuring clients that you have 24x7 expert coverage of their data, a co-managed partner helps you accomplish real goals with real company impact.

Accomplished teams can lead to matured security.

5. You’ll receive assistance with compliance so you’re not backtracking.

Compliance and reporting can bog down security operations but a co-managed provider delivers the reports you need in a timely manner. No more backtracking or time spent digging through files and reports.

Co-managed SIEM can help you grow your SOC, fulfill your cyber strategy, and help mature your security posture on your terms, in your way, and in your company’s time. RedLegg’s co-managed SIEM team is in the security game for the long-haul.

Download The SIEM Service Comparison Data Sheet

For further reading, check out pretty much everything you need to know about co-managed SIEM, the effort difference in an in-house vs co-managed SIEM team, or the true cost of a fully managed vs co-managed SIEM service model.

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