What is Managed SIEM?
Managed SIEM is a cybersecurity model. In this model, a third-party team provides SIEM management services. These managed SIEM service providers set up, monitor, adjust, and run a SIEM platform for an organization. They provide ongoing threat detection, investigation, compliance reporting, and response. This service eliminates the need to manage SIEM in-house.
Introduction
As a business owner or decision maker, you understand that being an experienced professional is critical to your success when it comes to certain aspects of your business. While it’s easy to have an entry-level employee assist you with low-level tasks, like making copies, processing calls and getting coffee, delegating someone to protect the cybersecurity of your company requires higher levels of expertise, experience and proactive thinking.
Cybercrimes are increasing. The methods that cybercriminals use are becoming more advanced. These methods can match the tools used to stop them.
Cybersecurity experts are always finding new ways to stop the rise in cyberattacks. At the same time, cybercriminals use similar technologies to make their attacks stronger. This is where managed SIEM services, SIEM management services, and managed SIEM providers are important.
What this means for businesses and organizations around the world is that if they are not using the latest technology to protect their digital assets against these evolving assaults, then they are quickly falling behind the curve in the cybersecurity landscape.
Another unfortunate fact concerning cybersecurity is that it is a matter of “when,” not “if,” an organization will become a target for a cyberattack. Nearly 90% of U.S. organizations have experienced at least one successful breach.
So, as you can see, it is more important than ever for organizations to take cybersecurity seriously. And the most effective way to do that is by combining advanced technology with expert-led SIEM services.
In today’s article, we will discuss managed SIEM services, SIEM as a service and compare the benefits of managing SIEM in-house versus working with SIEM managed service providers.
What are SIEM Managed Services?
Before comparing the managed SIEM services solution to the in-house solution, it is a necessity to define what is managed SIEM and its functionality.
SIEM is an acronym for “security information and event management.” SIEM is a highly customizable platform that is used for monitoring, recording, and tracking of various devices for security data.
As a managed SIEM solution, SIEM brings all of this security information into a single, centralized point of control, thus enabling end-to-end visibility into an organization’s security infrastructure. It combines real-time alerts and dashboards to offer high-level awareness and investigative capabilities.
The SIEM system serves as the operational center for the Security Operations Center. It also connects to other security systems that facilitate detection, investigation, and response processes.
Core Benefits of a Unified SIEM Platform
Here are a few of the benefits of unifying all of your security operations under the SIEM platform:
1. Visibility Across the Security Stack
When all security tools are integrated into a single SIEM platform, organizations gain centralized visibility into events, logs, and activity. This level of insight is foundational for effective SIEM management services.
2. Centralized Control and Governance
SIEM management services provide centralized oversight of data, alerts, and workflows. Visual dashboards help teams understand, manage, and govern complex security environments efficiently.
3. Advanced Threat Detection
When combined with the latest threat intelligence, SIEM’s advanced behavioral and statistical analysis can detect active and imminent threats in real time. With SIEM’s highly sophisticated detection capabilities, your organization will have peace of mind knowing that threats can be found and stopped before they can impact your operations or compromise your data.
4. Automated and Coordinated Response
Automated response actions allow organizations to contain threats faster. This is where SIEM as a service delivers tangible operational value by reducing response times and manual effort. 
Managed SIEM vs. In-House SIEM Services
Managed SIEM services are third-party cybersecurity companies that manage your digital security from a remote SOC. While large organizations with in-depth security needs may opt for setting up an in-house security team, many small to medium-sized organizations choose to go with managed SIEM providers for a number of reasons. 
1. Managed SIEM Services Require Fewer Resources
Creating an IT security team from scratch is no small feat, and it can require a large investment to do it correctly. Not only will you need to hire one or more IT security experts, but you will also have to acquire several physical assets to equip your security team with the necessary tools.
But it doesn’t stop there. In order for your IT department to manage your organization’s security in-house, chances are you will be relying upon a third-party software vendor to provide the essential systems for your in-house SIEM architecture.
The good thing about these software vendors is that they will help you set up the system and train your IT security staff on how to use it, but this could cost your organization quite a bit more in consulting fees.
When you work with a managed SIEM service provider, they will already have everything they need to carry out the task of planning, implementing, and managing your new SIEM cybersecurity system.
Furthermore, since managed SIEM services typically use their own proprietary software, they are experts on how SIEM solution works. This translates into a shorter deployment time and fewer speed bumps along the way.
Elevate Threat Detection and Response with NetWitness® SIEM
-Correlate data across users, logs, and network for unified visibility.
-Detect advanced threats with AI-driven analytics and behavioral insights.
-Accelerate investigations using automated enrichment and guided workflows.
2. Managed SIEM Services are More Scalable
When working with an in-house security team, it may become more difficult to reach your long-term goals. As your organization grows and your security needs become more complex, you will need to expand your physical assets and hire additional security staff.
In contrast, managed SIEM services are much more scalable, since the provider already has the digital and physical resources to meet your expanding security needs. As your organization grows, your managed SIEM solution will grow alongside you.
3. Managed SIEM Services Bring Proactive Security
Many organizations take a reactive security approach, addressing threats only after they have caused damage. SIEM managed service providers bring a proactive stance backed by expertise, threat intelligence, and well-defined detection practices.
4. Managed SIEM Services Deliver Advanced Security Expertise
Rather than hiring someone to run a system they will have to master over time, it might make more sense for your organization to hire an entire team of professionals for a fraction of the cost. SIEM as a service gives you access to specialists who understand SIEM platforms inside out.
5. Managed SIEM Services Simplify Compliance and Reporting
Highly regulated industries rely heavily on accurate reporting and strict compliance adherence. Managed SIEM providers already understand these frameworks and offer built-in reporting and compliance-ready workflows.
6. Managed SIEM Services Offer 24/7 Monitoring
A managed SOC provides uninterrupted surveillance without the cost of staffing multiple shifts. Managed SIEM service providers offer 24/7 monitoring under a fixed monthly model.
NetWitness Managed SIEM Services
NetWitness offers managed SIEM services for organizations seeking complete visibility into their networks, access to expert-level detection, and effective operation of a secure network.
We provide you with full-featured SIEM management services, integrating unrivaled analytics, automated processes, and continuous monitoring to detect and defend against sophisticated threats.
If you are looking for managed SIEM Providers or the very best managed SIEM for you, NetWitness is your reliable and scalable solution with experienced security personnel.
Request a free demo of our managed SIEM platform!
Frequently Asked Questions
1. What is SIEM as a service?
SIEM as a service provides SIEM functionalities via a managed, subscription model, alleviating in-house operational responsibilities.
2. What is a managed SIEM service?
A managed SIEM service is when a provider runs and monitors your SIEM platform for you, delivering deployment, configuration, threat detection, and response as an outsourced service.
3. What are SIEM managed security services?
These services combine SIEM technology with expert monitoring, log management, threat intelligence, and compliance support, giving businesses centralized visibility and faster response to threats.
4. What is a managed SIEM SOC?
A managed SIEM SOC pairs up a SIEM platform with a provider’s 24/7 security operations team. Analysts monitor, investigate, and respond to alerts in real time, giving organizations round-the-clock protection without building their own SOC.
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