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As a part of our SIEM Best Practices Series, today we look at how you can work towards aligning your security monitoring program to your business goals. For a more holistic outlook on managing your SIEM System, check out this free resource by Advoqt, a White Paper on SIEM Best Practices

The essential sync

As we blitz through 2019, gone are the days when cybersecurity was considered as a non-essential operational investment. As of today, the estimated damage done by cybercrime is north of $400 billion, set to reach nearly $6 trillion by 2022. Despite knowing such facts, why are enterprises more vulnerable to cyber attacks than ever before?

One of the glaring reasons is a misalignment between the company’s security monitoring program and its business goals. Noted, that your company’s purpose of existence is not security, but cybersecurity has been proven to be an essential requirement for the business to exist. And, if you want to be successful at improving the security of your organization, it’s necessary to align your security monitoring program with your business goals.

Budgeting wisely

While budgeting your cybersecurity activities, it would be wise to recognize the data that is not only critical in value but also more susceptible to cyber-attacks. This would allow you to prioritize your monitoring efforts to specific packets rather than laying a broader net, eventually thinning down the effectiveness of your efforts.

Cybersecurity as a competitive advantage

As more and more businesses fall prey to cyber attacks, clients and customers are revisiting their checklists and preferring companies whose products and services are backed by a strong security system. In light of such preferential changes, why not use your able security program as a competitive advantage? Get to the whiteboard and ponder innovative ways to publicize and market the cybersecurity efforts that you’re making towards the safety of your own and the client’s data.

Prioritizing monitoring activities

Lastly, another consideration is, to begin with, low hanging fruit, not just the shiny ones. Why invest so much time trying to detect, for example, Wi-Fi users connecting to porn-sites when the central database is being injected with code from one of your front-end web-servers? The goal here is not to provide you with the specific use cases for your organization, but to make you re-think how you can create use cases that add the most value to the business.

Conclusion

Such an alignment is an ongoing process that will reap results in the medium and long term. But, we’re just scratching the surface There are EIGHT more aspects to consider as you work towards implementing a full-proof SIEM system. Which is why we recently released our SIEM Best Practices White Paper to allow you to set-up/revise your SIEM System. Click here to access your free copy.

Solutions for a fast-paced and large enterprise may need tailored consultation and improvisation, beyond what can be conveyed in a white-paper. We invite you to get in touch with us to know how we can help maximize the benefits of your security efforts.

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