Have you ever wondered how much a SIEM solution can save you but are unsure how to quantify its positive financial impact on your organization? This white paper discusses how you can calculate the cost savings from your SIEM implementation, the various capabilities of an effective SIEM solution, and the economic benefits they provide to your organization.
After considering the positive financial impact and cost savings, investing in a SIEM solution may not be as expensive as you thought. A SIEM solution can address the costs incurred from three major avenues: compliance reporting, operational efficiency, and breach impact mitigation.
With a SIEM solution, you can:
Simplify compliance reporting using audit-ready templates and violation alerts to effectively reduce the manual work involved in report building and event monitoring.
Reduce false positives while expediting the triage and investigation of legitimate alerts, so SOCs can focus on their KPIs. Automating response workflows for known alert profiles increases the number of threats blocked at the the earliest stages, resulting in fewer breaches.
Lower the likelihood of a data breach and reduce the impact of successful attacks by cutting down the number of days it takes to detect and recover from a breach.
Want to uncover more? Check out our white paper, How to calculate the cost savings from your SIEM implementation.
This white paper discusses:
The reasons to measure cost savings for a SIEM deployment.
Ways to quantify the benefits of a SIEM solution.
Three perspectives of cost savings: compliance reporting, operational efficiency, and breach impact mitigation.
How to calculate cost savings for a SIEM deployment using an example.
If you’re considering buying a SIEM solution, sign up for a personalized demo of ManageEngine Log360, a comprehensive SIEM solution.