{"id":2808,"date":"2019-11-15T17:47:01","date_gmt":"2019-11-15T21:47:01","guid":{"rendered":"https:\/\/solutionsreview.com\/security-information-event-management\/?p=2808"},"modified":"2019-11-15T17:47:01","modified_gmt":"2019-11-15T21:47:01","slug":"critical-siem-statistics-your-enterprise-needs-to-understand","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/security-information-event-management\/critical-siem-statistics-your-enterprise-needs-to-understand\/","title":{"rendered":"Critical SIEM Statistics (Your Enterprise Needs to Understand)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-2789\" src=\"https:\/\/solutionsreview.com\/security-information-event-management\/files\/2019\/10\/purchasing-an-endpoint-security-solution.jpg\" alt=\"Critical SIEM Statistics (Your Enterprise Needs to Understand)\" width=\"800\" height=\"409\" srcset=\"https:\/\/solutionsreview.com\/security-information-event-management\/files\/2019\/10\/purchasing-an-endpoint-security-solution.jpg 800w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2019\/10\/purchasing-an-endpoint-security-solution-300x153.jpg 300w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2019\/10\/purchasing-an-endpoint-security-solution-768x393.jpg 768w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2019\/10\/purchasing-an-endpoint-security-solution-528x270.jpg 528w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2019\/10\/purchasing-an-endpoint-security-solution-158x81.jpg 158w, https:\/\/solutionsreview.com\/security-information-event-management\/files\/2019\/10\/purchasing-an-endpoint-security-solution-352x180.jpg 352w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Why should your enterprise understand the following critical SIEM statistics? Simple: these critical SIEM statistics highlight equally critical cybersecurity challenges. Does your enterprise know about these challenges? Is it prepared to deal with it?<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Here are critical SIEM statistics you need to know as 2020 approaches!\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><br \/>Widget not in any sidebars<br \/><\/span><\/p>\n<h2 style=\"text-align: justify\"><b>Critical SIEM Statistics You Need to Know!<\/b><\/h2>\n<p style=\"text-align: justify\"><a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/40-percent-of-security-practitioners-dont-report-to-the-board\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">AttackIQ and the Ponemon Institute<\/span><\/a><span style=\"font-weight: 400\"> discovered <\/span><b>63 percent<\/b><span style=\"font-weight: 400\"> of American security practitioners don\u2019t report to their C-Suite board on a regular basis. Worse, <\/span><b>40 percent<\/b><span style=\"font-weight: 400\"> never report at all!\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">On a different note, <\/span><b>69 percent<\/b><span style=\"font-weight: 400\"> of American security practitioners say their enterprise cybersecurity focuses on reactions and incidents; therefore, they don\u2019t work on proactive cybersecurity activities like threat hunting or incorporating threat intelligence.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Further, <\/span><b>56 percent<\/b><span style=\"font-weight: 400\"> report their IT security infrastructure suffers from coverage gaps. Often, this stems from legacy SIEM solutions that can\u2019t scale with enterprise networks. Thus, the solution to this problem begins with selecting a next-generation, use case appropriate SIEM solution.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Meanwhile, <\/span><a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/25-of-infosec-professionals-time-wasted-on-false-positives\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Exabeam and the Ponemon Institute<\/span><\/a><span style=\"font-weight: 400\"> determined that cybersecurity professionals spend <\/span><b>25 percent<\/b><span style=\"font-weight: 400\"> of their time chasing false positives. Additionally, cybersecurity teams must address around <\/span><b>4,000 cybersecurity<\/b><span style=\"font-weight: 400\"> alerts a week. Of course, false positives lengthen attacker dwell times, which exacerbates the damage of cyberattacks. Next-generation SIEM actually works to reduce false positives through contextualization and automated analysis.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The stakes of SIEM and cybersecurity couldn\u2019t be higher. Indeed, <\/span><a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/cyber-criminals-cost-4-7-million-in-annual-losses\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Willis Towers Watson and ESI ThoughtLab<\/span><\/a><span style=\"font-weight: 400\"> found that enterprises lose <\/span><b>$4.7 million<\/b><span style=\"font-weight: 400\"> to cybercriminals annually. Worse, the percentage of enterprises suffering from cybercriminals\u2019 attack tactics increased from <\/span><b>57 percent<\/b><span style=\"font-weight: 400\"> to <\/span><b>71 percent<\/b><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Contextualizing these percents, the <\/span><a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/66-of-enterprises-responded-to-1-to-25-incidents-per-month\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">BAE Systems 2019 Incident Response Report<\/span><\/a><span style=\"font-weight: 400\"> found that <\/span><b>66 percent<\/b><span style=\"font-weight: 400\"> of enterprises responded to between <\/span><b>1 and 25 cybersecurity incidents<\/b><span style=\"font-weight: 400\"> per month. Moreover, another <\/span><b>26 percent<\/b><span style=\"font-weight: 400\"> faced between <\/span><b>25 and 99<\/b><span style=\"font-weight: 400\"> incidents.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">How do incidents manifest? <\/span><a href=\"https:\/\/solutionsreview.com\/security-information-event-management\/cyber-criminals-cost-4-7-million-in-annual-losses\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">The Verizon 2019 Data Breach Investigations Report<\/span><\/a><span style=\"font-weight: 400\"> found that ransomware constitutes almost <\/span><b>24 percent<\/b><span style=\"font-weight: 400\"> of all security incidents. Also, insider threats make up about <\/span><b>34 percent<\/b><span style=\"font-weight: 400\"> of breaches.<\/span><\/p>\n<h3 style=\"text-align: justify\"><b>Want More Information?\u00a0<\/b><\/h3>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">For more information on critical SIEM statistics and the next-generation solutions which can help your enterprise, check out our free SIEM Buyer\u2019s Guide! We cover the top solution providers and their key capabilities.<\/span><\/p>\n<p style=\"text-align: justify\"><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>Why should your enterprise understand the following critical SIEM statistics? Simple: these critical SIEM statistics highlight equally critical cybersecurity challenges. Does your enterprise know about these challenges? Is it prepared to deal with it? Here are critical SIEM statistics you need to know as 2020 approaches!\u00a0 Critical SIEM Statistics You Need to Know! AttackIQ and [&hellip;]<\/p>\n","protected":false},"author":41,"featured_media":2789,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1,3],"tags":[1130,568,1179,275,95,372,86,21,57,22,1178,373],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Critical SIEM Statistics (Your Enterprise Needs to Understand)<\/title>\n<meta name=\"description\" content=\"Why should your enterprise understand the following critical SIEM statistics? 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