{"id":2441,"date":"2019-02-14T12:21:17","date_gmt":"2019-02-14T16:21:17","guid":{"rendered":"https:\/\/solutionsreview.com\/security-information-event-management\/?p=2441"},"modified":"2019-02-14T12:21:17","modified_gmt":"2019-02-14T16:21:17","slug":"siem-for-the-consumer-facing-enterprise-the-lowdown","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/security-information-event-management\/siem-for-the-consumer-facing-enterprise-the-lowdown\/","title":{"rendered":"SIEM for the Consumer-Facing Enterprise: The Lowdown"},"content":{"rendered":"

\"SIEM<\/p>\n

The consumer-facing enterprise, especially in the retail space, faces some of the most dangerous attacks from external threat actors. Regardless of its size, your consumer-facing enterprise needs a SIEM solution to better protect itself in the digital marketplace.<\/span><\/p>\n

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But why? What can SIEM offer your consumer-facing enterprise? What benefits can it give you in this perilous time of data breaches? <\/span><\/p>\n

We dive into these questions and more: \u00a0<\/span><\/p>\n

First, Shake Yourself of Any Delusions<\/b><\/h3>\n

Once upon a time, only the largest enterprises needed to deploy a SIEM solution; even then, they only needed it to help them with their compliance reporting and log management. <\/span><\/p>\n

We don\u2019t live in those times anymore. We haven\u2019t for quite some time. <\/span><\/p>\n

SIEM provides threat intelligence, threat detection and remediation, security alerts, and security event correlation, among other capabilities. As cybersecurity transitions from a prevention-model to a detection-model, your consumer-facing enterprise needs these capabilities more than ever. <\/span><\/p>\n

Modern threats constantly evolve to become more evasive and more penetrative; legacy solutions no longer prove adequate to prevent them. <\/span><\/p>\n

Moreover, we\u2019ve stated time and time again\u2014accurately, we add\u2014<\/span>small businesses<\/span><\/a> serve as a prime target for hackers (which leads to overwhelmingly worse consequences). You may not wish to believe your business is a target for cyber attacks. It doesn\u2019t change the facts. <\/span><\/p>\n

In other words, you must come to terms with two truths: <\/span><\/p>\n

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  1. Your consumer-facing enterprise is a target for hackers. <\/span><\/li>\n
  2. You need a SIEM solution to fight them back. \u00a0\u00a0<\/span><\/li>\n<\/ol>\n

    With that firmly established…<\/span><\/p>\n

    SIEM Prevents PCI DSS Compliance Failures<\/b><\/h3>\n

    SIEM helps ensure your consumer-facing enterprise remains in compliance with the Payment Card Industry Data Security Standard (<\/span>PCI DSS<\/span><\/a>). PCI DSS enforces the standards for how a retailer handles (collects and stores) consumers\u2019 payment card information. Failing to comply with PCI DSS standards often translates to fines as high as $100,000 (or $500,000 depending on the scenario). \u00a0\u00a0<\/span><\/p>\n

    In addition, failing to meet compliance regulations like PCI DSS can also result in a long-term loss of customers and professional reputation. Assigning a concrete value to these damages proves impossible, but it certainly has a noticeable effect. \u00a0<\/span><\/p>\n

    SIEM helps your enterprise comply with <\/span>PCI DSS<\/span><\/a> by monitoring your network for potential security holes and helping with patches. You can also tailor your SIEM solution to alert you to suspicious third-party activity, which often causes PCI DSS failures. \u00a0\u00a0<\/span><\/p>\n

    SIEM Helps Prevent Phishing Attacks<\/b><\/h3>\n

    Phishing stands as the most popular attack tactic for external threat actors. With the right social engineering, their malware or credential stealing rouse seems as legitimate as any other business communication. We consulted with the Inky \u201c<\/span>Welcome to 2019: Phishing Gets Personal Email Security Report<\/span><\/a>\u201d for some perspective on the evolution of phishing attacks:<\/span><\/p>\n