{"id":2753,"date":"2019-08-29T16:27:16","date_gmt":"2019-08-29T20:27:16","guid":{"rendered":"https:\/\/solutionsreview.com\/security-information-event-management\/?p=2753"},"modified":"2019-11-20T13:47:37","modified_gmt":"2019-11-20T17:47:37","slug":"by-the-numbers-todays-enterprise-siem-risks-and-threats","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/security-information-event-management\/by-the-numbers-todays-enterprise-siem-risks-and-threats\/","title":{"rendered":"By the Numbers: Today&#8217;s Enterprise SIEM Risks and Threats"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-2122\" src=\"https:\/\/solutionsreview.com\/security-information-event-management\/files\/2018\/08\/Backup.jpg\" alt=\"By the Numbers: Today's Enterprise SIEM Risks and Threats\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/security-information-event-management\/files\/2018\/08\/Backup.jpg 800w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2018\/08\/Backup-300x150.jpg 300w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2018\/08\/Backup-768x384.jpg 768w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2018\/08\/Backup-540x270.jpg 540w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2018\/08\/Backup-162x81.jpg 162w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2018\/08\/Backup-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">So what are the top enterprise SIEM risks facing IT security teams today? What cyber-attack vectors should your enterprise focus on protection for your <a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/siem-buyers-guide-security-information-and-event-management\/\" target=\"_blank\" rel=\"noopener noreferrer\">cybersecurity future<\/a>? How do you protect your databases and users adequately?\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">First, the good news: cybersecurity and <a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/security-information-event-management-vendor-map\/\" target=\"_blank\" rel=\"noopener noreferrer\">SIEM solution<\/a> providers constantly release reports, surveys, and studies on digital risks. With updated information on the most pressing SIEM risks, your enterprise can make informed decisions on its cybersecurity policies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>Widget not in any sidebars<br \/><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">However, this can prove a huge volume of information to sift through and process. Thus we present a compilation of the most pressing and dangerous SIEM risks facing your business today.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Before we begin, you may wonder whether you should worry about your cybersecurity and SIEM. Surely, hackers won\u2019t target your business! It\u2019s too small or insignificant!\u00a0 Also, your industry doesn\u2019t collect the kind of information hackers would find valuable!<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Unfortunately, this represents delusional thinking. According to Switchfast Technologies, 60% of small to medium-sized businesses (SMBs) must shutter operations within six months of suffering a data breach. Yet 46% of all SMBs will become the victim of a data breach.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Therefore, these numbers may become incredibly relevant to your enterprise&#8217;s future. Best pay attention now.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<h2 style=\"text-align: center\"><b>By the Numbers: Enterprise SIEM Risks<\/b><\/h2>\n<h3 style=\"text-align: justify\"><b>SIEM Risks According to Gartner\u00a0<\/b><\/h3>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><b>83 percent<\/b><span style=\"font-weight: 400\"> of enterprises utilizing third-party services discover a cyber risk after conducting due diligence.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Of the risks discovered through due diligence, <\/span><b>31 percent<\/b><span style=\"font-weight: 400\"> presented potential material impact.\u00a0\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">According to Gartner, practicing due diligence with your cybersecurity can help detect threats not evident at first examination.\u00a0\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>Risks According to Exabeam and the Ponemon Institute<\/b><\/h3>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Cybersecurity professionals spend <\/span><b>25 percent<\/b><span style=\"font-weight: 400\"> of their time chasing false positives.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">IT security teams must address around <\/span><b>4,000<\/b><span style=\"font-weight: 400\"> security alerts a week.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>46 percent<\/b><span style=\"font-weight: 400\"> of less effective SOCs complain of slight understaffing.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">On average, understaffed SOCs need anywhere between <\/span><b>six and ten<\/b><span style=\"font-weight: 400\"> employees.\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In other words, you need a next-generation SIEM solution which can help reduce the number of alerts and false positives. Capabilities like contextualization and automated investigations can help.\u00a0\u00a0\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>According to Willis Towers Watson and ESI ThoughtLab<\/b><\/h3>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Firms and enterprises lose <\/span><b>$4.7 million<\/b><span style=\"font-weight: 400\"> to cybercriminals annually.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><b>10 percent<\/b><span style=\"font-weight: 400\"> of firms lose more than <\/span><b>$10 million<\/b><span style=\"font-weight: 400\"> due to cyber attacks.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The percentage of enterprises suffering from cybercriminals\u2019 attack tactics increased from <\/span><b>57 percent to 71 percent<\/b><span style=\"font-weight: 400\">.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">This study highlights two important considerations concerning SIEM risks. First, it highlights just how much money you may put at risk by neglecting your cybersecurity. Meanwhile, the second illustrates that these issues will never go away. If anything, the digital dangers only appear poised to increase.\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>According to the Verizon 2019 Data Breach Investigations Report<\/b><\/h3>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Ransomware constitutes almost <\/span><b>24 percent<\/b><span style=\"font-weight: 400\"> of security incidents.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">External threat actors contribute <\/span><b>69 percent<\/b><span style=\"font-weight: 400\"> of all breaches.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Insider threats contribute <\/span><b>34 percent<\/b><span style=\"font-weight: 400\"> of breaches.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">SIEM risks don\u2019t just begin from the digital perimeter. You need to use your threat detection and alerts to watch for insider threats and malware alike.\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>According to Gurucul<\/b><\/h3>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Over <\/span><b>70 percent<\/b><span style=\"font-weight: 400\"> of all enterprises possess a vulnerability to insider threats.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>40 percent<\/b><span style=\"font-weight: 400\"> of enterprise respondents said they can\u2019t detect either an insider threat during or after it moves data outside the network.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Only <\/span><b>36 percent<\/b><span style=\"font-weight: 400\"> can detect an insider threat in real-time.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>One-third<\/b><span style=\"font-weight: 400\"> of IT professionals focus on reacting to insider threats rather than proactive prevention.\u00a0<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Here, we find another report which emphasizes the threat from insider threats. However, this also highlights the importance of incident response and full network security monitoring in your SIEM. Above all, you can\u2019t afford to lose track of potential SIEM risks and insider threats in your network.\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>According to Exabeam\u00a0<\/b><\/h3>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><b>57 percent<\/b><span style=\"font-weight: 400\"> of enterprises remain unfamiliar with cryptojacking.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>47 percent<\/b><span style=\"font-weight: 400\"> of cybersecurity professionals don\u2019t feel confident about detecting or preventing cryptojacking or shadow mining with their current cybersecurity policies or tools.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Here, Exabeam demonstrates the importance of continuous next-generation threat intelligence. Without knowing what you need to defend against, how can your cybersecurity hope to keep up with SIEM risks?\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>SIEM Risks According to Positive Technologies<\/b><\/h3>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">2018 saw <\/span><b>three times<\/b><span style=\"font-weight: 400\"> the number of web application security vulnerabilities compared to 2017.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">On average, each web application contained <\/span><b>33<\/b><span style=\"font-weight: 400\"> vulnerabilities.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Simultaneously, an average of<\/span><b> 6 out of 33<\/b><span style=\"font-weight: 400\"> vulnerabilities qualifies as high severity.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Web applications constitute a major vulnerability in your network and cybersecurity risk. Therefore, you need a SIEM solution that can monitor and defend against such threats.\u00a0\u00a0<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>According to BAE Systems Applied Intelligence<\/b><\/h3>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><b>71 percent<\/b><span style=\"font-weight: 400\"> of enterprises surveyed said they experienced a phishing incident.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><b>66 percent<\/b><span style=\"font-weight: 400\"> of surveyed enterprises responded to anywhere between <\/span><b>1 and 25<\/b><span style=\"font-weight: 400\"> cybersecurity incidents per month.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>65 percent<\/b><span style=\"font-weight: 400\"> of incidents started with an untargeted virus or malware attack.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Cybersecurity matters not just to your safety but also to your workflows and reputations. Above all, you need to address the dangers and SIEM risks facing your enterprise. You can get started by downloading our<a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/siem-buyers-guide-security-information-and-event-management\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0SIEM Buyer\u2019s Guide<\/a>. Alternatively, you can check out our <a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/security-information-event-management-vendor-map\/\" target=\"_blank\" rel=\"noopener noreferrer\">Vendor Map<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/security-information-event-management-vendor-map\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/security-information-event-management\/files\/2020\/02\/SIEM_VM_SB.jpg\" alt=\"Download Link to SIEM Vendor Map\" width=\"800\" height=\"100\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>So what are the top enterprise SIEM risks facing IT security teams today? What cyber-attack vectors should your enterprise focus on protection for your cybersecurity future? How do you protect your databases and users adequately?\u00a0 First, the good news: cybersecurity and SIEM solution providers constantly release reports, surveys, and studies on digital risks. With updated [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":2122,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[551,1],"tags":[1143,353,95,145,372,13,827,112,86,1144,21,57,22,373,578],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>By the Numbers: Today&#039;s Enterprise SIEM Risks and Threats<\/title>\n<meta name=\"description\" content=\"So what are the top enterprise SIEM risks facing IT security teams today? 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What cyber attack vectors should your enterprise focus on protecting?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/solutionsreview.com\/security-information-event-management\/by-the-numbers-todays-enterprise-siem-risks-and-threats\/\" \/>\n<meta property=\"og:site_name\" content=\"SIEM Tools &amp; Security Event Management | Solutions Review\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-29T20:27:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-20T17:47:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/solutionsreview.com\/security-information-event-management\/files\/2018\/08\/Backup.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ben Canner\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ben Canner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/security-information-event-management\/by-the-numbers-todays-enterprise-siem-risks-and-threats\/\",\"url\":\"https:\/\/solutionsreview.com\/security-information-event-management\/by-the-numbers-todays-enterprise-siem-risks-and-threats\/\",\"name\":\"By the Numbers: Today's Enterprise SIEM Risks and Threats\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/security-information-event-management\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/security-information-event-management\/by-the-numbers-todays-enterprise-siem-risks-and-threats\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/security-information-event-management\/by-the-numbers-todays-enterprise-siem-risks-and-threats\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/security-information-event-management\/files\/2018\/08\/Backup.jpg\",\"datePublished\":\"2019-08-29T20:27:16+00:00\",\"dateModified\":\"2019-11-20T17:47:37+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/security-information-event-management\/#\/schema\/person\/357f925262827fcf840b4341920a1541\"},\"description\":\"So what are the top enterprise SIEM risks facing IT security teams today? 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