What is better for your business - an MSSP SIEM or an on-site SIEM?

What’s better: On-site SIEM or MSSP SIEM?

If an organization properly implements a SIEM solution, it efficiently draws attention towards warning signs as well as suspicious activity within the network. With the ever-evolving cyber space, continuous security monitoring has become exceedingly important. The benefits of SIEM also extend to understanding business and technology environments, monitoring availability and performance, issue diagnosis, and creation of a report on network activities.

For implementing a SIEM solution, you can either opt in for an on-premise set-up or an MSSP SIEM. If you opt for an on-premise SIEM, you must have necessary human resources as an underutilized SIEM is simply a waste of money and resources. So, while considering an on-premise SIEM, you should answer the following three questions –

  • Do you have personnel who are capable of handling new responsibilities that come with SIEM implementation?
  • If yes, are they having a reasonable amount of time in their daily activities to justify their responsibilities?
  • If not, are you prepared for hiring new employees for SIEM-related roles?

An on-site SIEM also puts certain responsibilities on your employees such as –

  • Responding to alerts 24×7
  • Define parsers and modify existing parsers for processing of log data
  • Properly create rules to minimize the instances of false positives
  • Maintain and update the configuration management database
  • Establish a proper communication channel with the IT and security teams

So, for on-site SIEM, you will necessarily need time, resources, and money. While in case of MSSP SIEM, the selection procedure for selecting a service provider may be daunting at first, a service provider delivering services with these three attributes – effectiveness, value, and collaboration – should become your first choice. For selecting a service provider, you can ask a series of questions such as –

  • Is a potential service provider (herein referred to as PSP) capable of managing device configurations?
  • Is PSP making recommendations as to which devices and systems are to be monitored?
  • What is the period in which PSP Analysts update their rule sets?
  • Does the PSP provide support services for creating rules or addressing general issues?
  • Do PSP analysts have appropriate experience?
  • How is Return on Investment is quantified by PSP?

In MSSP SIEM, an organization does not need to make available time, resources, and money every now and them. Along with being cost-effective, the experts working with an MSSP are highly-qualified subject-matter experts. An organization does not need to spend or increase the budget for 24×7 monitoring if it avails SIEM services from an MSSP. Logsign SIEM thoroughly covers all the aspects of an ideal SIEM so that as a decision-maker of your business, you can achieve the peace of mind.

Once you have decided that you plan on availing the services of an MSSP SIEM, you must start with fully understanding services offered. Having an MSSP onboard also gives you an edge as there are other security services that an MSSP may provide which, in turn, be really useful for your business. As a safety measure, you must check or audit their services. You must trust you MSSP, but do verify.

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