What is SIEM Solutions and Where Does it Stand in The Market?

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Security Information and Event Management (SIEM) is a system that aggregates multiple relevant data from various sources to then identify abnormalities and take proper action. The basic SIEM system is rule-based or employs a statistic correlation engine that is capable of establishing relationships between event log entries. On the other hand, a more advanced SIEM solutions includes user and entity behavior analytics (UEBA) and security orchestration and automated response (SOAR). Currently, most SIEM systems use end-user devices, firewalls, antivirus, servers, network equipment and intrusion prevention system to hierarchically collect security-related events through multiple collection agents.

The SIEM was first adopted by large companies once it started to comply with the Payment Card Industry Data Security Standard (PCI DSS). However, it only gained the attention of smaller business once the concern over Advanced Persistent Threats (APTs) became a major issue, thus those smaller businesses started to use the SIEM to be able to look at all security data through only one point of view, such as the Managed Security Service Provider (MSSP). Furthermore, the SIEM also has important features that are capable of improving the quality of the service even more, such as the Artificial Intelligence (A.I.), the Forensic Capabilities, the Threat Intelligence Feeds, the Robust Compliance Reporting, and the Integration with Other Controls. Therefore, along with these features, the analyst will provide feedback to educate the system about the environment in which it is included.

The current growth of the internet and the technology is creating a new market for those who desire to work with the technology. Currently, there are more than 200 jobs open in the area of SIEM Engineering, including jobs at renowned companies in Virginia. Although the qualifications are quite high, the opportunity to build a career in this area of business is unmissable because the area is in constant and steady growth. Furthermore, the salary is an average of $69,722 per year but it can increase if the future employee has high qualifications and skills. Besides that, the career of a SIEM Analyst can open doors if the person decides to move on to other jobs.

Given the fact that the SIEM Analysts are responsible for providing security SIEM solutions and implementing security principles for their company, the Security Analyst must have advanced skills to find security threats and vulnerabilities. That way, the company will be protected from any kind of harm. With that said, it is important to note that the rise of the SIEM Analyst career is due to the increasing number of startups and small business. In other words, a new business requires new Analysts. In Virginia, for example, there are more than 160 jobs opportunities in the area of SIEM Security Analyst, ranging from small business to large companies. Either way, as the number of independent business and small business continues to grow, the SIEM solutions will follow up, growing accordingly to the market.