It’s evident that while organizations are spending more and more on legacy cybersecurity solutions, these platforms are not holding up their end of the deal and are not able to proactively defend in a modern, non-signature attack threatscape.
The transition from office to remote environments was abrupt and one of the most defining moments that the cybersecurity industry and professionals faced in 2020. We wrote about the top issues CISOs were facing throughout the year but also doubled down on sharing insights about the evolution of next-generation SOCs, the failure of SIEM platforms as organizations are experiencing them today, and how self-supervised AI fits into the equation.
In what the New York Times is calling, “One of the most sophisticated and perhaps largest hacks in more than five years,” malicious adversaries acting on behalf of a foreign government, likely Russian, broke into the email systems of multiple U.S. Federal agencies including the Treasury and Commerce Departments.
It should be noted that SIEM platforms are exceptionally effective at what they initially were intended for: providing enterprise teams with a central repository of log information that would allow them to conduct search and investigation activities against machine-generated data. If this was all an enterprise cybersecurity team needed in 2020 to thwart attacks and stop bad actors from infiltrating their systems, SIEM would truly be the cybersecurity silver bullet that it claims to be.
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.
The Security Operations Center (SOC) of today is fundamentally flawed. Currently enterprise cybersecurity spend is higher than ever, but despite multi-million dollar cybersecurity investments, organizations remain vulnerable to attacks. One of the major reasons for this is legacy SIEM deployments. More spend does not equal more security.
When it comes to advancements in cybersecurity, rule-based systems are holding the industry back. Relying on humans to constantly input and label rules in order to detect and stay ahead of threats is a bottleneck process that is setting security teams up for failure, especially with tools like SIEM, NDR, and NTA.
The predictive AI field of machine learning collects, analyzes, and tests data to predict future possibilities. AI’s neurological network is patterned on the human brain. But AI works on a scale that goes far beyond what is humanly possible. The top uses for predictive AI technologies to protect sensitive data and systems are in network detection and response (NDR), threat detection, and cybercrime prevention.
The very nature of data is its infinite capacity for growth. For security teams at large, highly integrated and complex enterprises like financial services institutions, that growth can quickly become unwieldy when the approach is to store, normalize and prepare all of this data in order to extract value.