The fundamental SIEM flaws lie in the platform’s need for continual adjustment, endless data stores, and a tendency to create an overwhelming number of false positives. When organizations instead turn to a next-generation cybersecurity solution, which predicts behavior with an unsupervised (zero tuning) system, they are poised to save on both financial and human resources.
Regulations & Compliance
Complying with privacy regulations requires all organizations to have access to data on demand, wherever it lives on a network. With the unfathomable amount of data managed by most organizations operating in the finance space today, it can become a significant challenge to locate specific data across legacy systems and networks with countless connections online and off.
Although a relatively new corporate position, Chief Information Security Officers (CISOs) are becoming an integral part of the corporate hierarchy as enterprises begin to take security concerns more seriously. It’s a smart move considering that in 2019 security breaches cost companies on average $3.92 million. Now in 2020, CISOs are facing accelerating old threats along with some brand new ones. Here are the top eight CISO concerns of 2020:
Bad actors do not discriminate. Organizations across all sectors are at risk — corporations, non-profits, and increasingly, federal and state government entities. The U.S. Government Accountability Office (GAO) reported that security incidents increased by 1,300 percent from 2006 to 2015. This number is growing.