Cost-effective Managed SIEM Service

Cost-effective Managed SIEM Service

Contract with a third-party for managed SIEM services is increasingly affordable and requested by all-size organizations. Without any doubt, the advantages associated with this service allow monitoring, analyzing, and responding to cyber security threats more cost-effectively. However, what is a managed SIEM precisely? Is the price the only feature to take into account? What is the difference between a managed SIEM Provider (MSP) and a Managed Security Service Provider (MSSP)?

managed siem service

What is a Managed SIEM?

A managed Security Information and Event Management (SIEM) is a cost-effective alternative to the on-premise version. This is because the application is hosted on a third-party service provider server. Therefore, organizations choose this option for reducing setup, maintenance, hardware, and training costs, leveraging cyber security specialists’ expertise that analyzes the stored data in SIEM to identify Indicators of Compromise (IoC).

Also, a managed SIEM is a top-rated service to reduce the risk of security breaches in organizations. This is possible through MSPs that are highly trained in network monitoring, incident response, and compliance management, protecting your business without your effort.

Managed SIEM Provider (MSP) and Managed Security Service Provider (MSSP)

Organizations often don’t know how to choose whether it is better to hire an MSP or an MSSP. An MSSP and an MSP deliver monthly security reports, monitor network security events, and send alerts to their customer if any anomaly is detected. However, a Managed Security Service Provider performs a more prominent role in analyzing log data and investigating security threats.

The MSP can install patches and updates, manage compliance, maintain the SIEM configuration, and perform asset inventory functions. An MSSP hosts, deploys, and manages a security infrastructure, simultaneously providing information security services to multiple organizations.

Due to an MSSP managing SIEM tools, Intrusion Detection Systems/Intrusion Prevention Systems, firewalls, anti-virus, vulnerability, compliance management, and more, it becomes a complete packet to protect organizations.

Today, most SIEM tools providers like UTMStack include in their business portfolios partnerships strategic with well-reputed MSP and MSSP. In this way, customers can receive the powerful tools, resources, expertise, along with the latest tech innovations to detect advanced threats.

UTMStack Managed SIEM Service

UTMStack is a Next-Gen SIEM provider that delivers a cost-effective managed SIEM service. Within its offering, you can find:

  • Log Management.
  • Dashboard Builder.
  • Vulnerability Management.
  • Identity Management.
  • Incident Response.
  • HIDS and NIDS.
  • Cloud Monitoring (AWS, Azure).
  • Endpoint Protection compatibility.
  • Compliance Management.
  • Custom reports.
  • File Tracking and Classification.
  • Threat Intelligence.
  • An unlimited number of data sources.
  • Unlimited scaling.
  • Log retention for 15 months.
  • Support 24/7/365 by phone and email enterprise.
  • Daily UTMStack engine updates.
  • UTMStack experts do the installation and hosting for you.
  • Monitoring, alerting, incident response, and compliance management 24×7.
  • Forensic analysis.

Conclusion

UTMStack’s managed SIEM brings a cost-effective solution to monitor your organization and enhance threat detection and incident response regardless of your IT infrastructure. No matter if you want to deploy a hybrid, on-premise, or cloud SIEM, the security experts team that manages the SIEM should have sufficient expertise. Therefore, before taking advantage of an MSP or MSSP offering, you need to ensure that the services provided match your organization’s requirements. This way, you will get good value-for-money and security coverage that meets the best cybersecurity practices.

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