IDG recently published a study around the cost advantages associated with cloud-based security information and event management (SIEM) solutions. In summary:
- Forty percent—lower staffing costs.
- Forty percent—lower operational expenses (OpEx).
- Thirty-four percent—lower capital expenses (CapEx).
For a broader discussion around these numbers, read this about the IDG study & how Microsoft’s cloud-based SIEM, Azure Sentinel, can help you lower your security costs while improving your security coverage & speed of execution.
- Moving to cloud-based SIEM: the cost advantage
https://www.microsoft.com/security/blog/2020/06/17/moving-cloud-based-siem-cost-advantage/
The IDG report is available below, entitled, “SIEM Shift: How the Cloud is Transforming Security Operations”.
Many security professionals are realizing that their on-premises or private cloud-based security information and event management (SIEM) system can’t keep up—so they’re migrating this key security operations tool to the public cloud.
The IDG report, SIEM Shift: How the Cloud is Transforming Security Operations, delves into the results of a survey of 300 security and IT decision-makers to discover why more security professionals are moving to cloud-based SIEM. The report reveals that cloud-based SIEM:
- Reduces SIEM costs by lowering or eliminating infrastructure, maintenance, licensing, and staffing costs.
- Helps improve protection with AI and faster threat response.
- Boosts SIEM performance, scalability, and stability.
- Augments security teams with AI, reducing alert fatigue and automating common tasks.
Learn how your peers are strengthening their defense against threats.
- DOWNLOAD: SIEM Shift: How the Cloud is Transforming Security Operations
https://azure.microsoft.com/en-us/resources/why-companies-are-migrating-siem-to-the-cloud/
kurtsh
Kurt Shintaku's Blog 