Are you looking to add Security Information and Event Management (SIEM) to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Security Information and Event Management (SIEM) statistics of 2024.
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How much of an impact will Security Information and Event Management (SIEM) have on your day-to-day? or the day-to-day of your business? Should you invest in Security Information and Event Management (SIEM)? We will answer all your Security Information and Event Management (SIEM) related questions here.
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Best Security Information and Event Management (SIEM) Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 50 Security Information and Event Management (SIEM) Statistics on this page 🙂Security Information and Event Management (SIEM) Market Statistics
- MarketsandMarkets forecasts the global Security Information and Event Management market size is expected to grow from USD 4.2 billion in 2020 to USD 5.5 billion by 2025, at a CAGR of 5.5% during the forecast period. [0]
- Download Sample Report at https//www.alliedmarketresearch.com/request sample/2313 Large enterprises are the primary consumers of SIEM products and the market was estimated to be around $1,174 million in 2016. [1]
- The global security information and event management market size was valued at $3.92 billion in 2020, and is projected to reach $18.12 billion by 2030, growing at a CAGR of 16.4% from 2021 to 2030. [2]
- In accordance with the CXOs of the leading companies, the SIEM market is at a mature stage and has grown at a respectable rate and is expected to witness average growth rate of 16.4% during the forecast period. [2]
- Infoblox is a recognized leader with 50 percent market share comprised of 8,000 customers, including 350 of the Fortune 500. [3]
Security Information and Event Management (SIEM) Latest Statistics
- However, a user account that generates 130 failed login attempts in five minutes would be flagged as a highpriority event because it’s most likely a brute force attack in progress. [4]
- This makes it possible to retain and analyze 100% of log data across even more platforms and systems. [5]
- 80% of fortune 2000 companies rely on our research to identify new revenue sources. [0]
- Long term logdata retentionis critical in forensic investigations as it is unlikely that discovery of a network breach will be at the time of the breach occurring.[29]Forensic analysis. [6]
- In 2014 the main type of employment relationship in the EU was fulltime permanent contracts, with 59% of the share of employment, although this is decreasing while the share of non standard forms of work is increasing. [7]
- The estimated growth in cybersecurity jobs is of 35% by 2020 [97]. [7]
- The estimated growth in cybersecurity jobs is of 35% by 2020. [7]
- According to an IBM survey [159], ransomware , social engineering , and bad practices adopted by staff and clients alike are the most common attack vectors in the sector. [7]
- Explore IBM QRadar on Cloud → Calculate your estimated price → Take a tour → 2021 Gartner Magic Quadrant for Security Information and Event Management. [8]
- The government segment accounted for the highest share of revenue in 2016, while retail MSIE Industry is anticipated to grow at the highest rate of 14.2% during the forecast period. [1]
- The SIEM solution segment accounted for the highest share of the global SIEM industry in 2016, growing at a CAGR of 9.8% during the forecast period. [1]
- The government MSIE Industry generated highest share of revenue in 2016, and is projected to grow at a rate of 8.8%. [1]
- AttackIQ and the Ponemon Institute discovered 63 percent of American security practitioners don’t report to their C Suite board on a regular basis. [9]
- Worse, 40 percent never report at all!. [9]
- Further, 56 percent report their IT security infrastructure suffers from coverage gaps. [9]
- Meanwhile, Exabeam and the Ponemon Institute determined that cybersecurity professionals spend 25 percent of their time chasing false positives. [9]
- Worse, the percentage of enterprises suffering from cybercriminals’ attack tactics increased from 57 percent to 71 percent. [9]
- Contextualizing these percents, the BAE Systems 2019 Incident Response Report found that 66 percent of enterprises responded to between 1 and 25 cybersecurity incidents per month. [9]
- Moreover, another 26 percent faced between 25 and 99 incidents. [9]
- The Verizon 2019 Data Breach Investigations Report found that ransomware constitutes almost 24 percent of all security incidents. [9]
- Also, insider threats make up about 34 percent of breaches. [9]
- Based on the primary criteria, the OSSIM performance reaches 97% while the performance of Cyberoam iView and CS Prelude reach 76% and 24.3%, respectively. [10]
- Concerning the secondary criteria, the Prelude performance approaches 86.8% while OSSIM and Cyberoam iView reach 59.4% and 56.6%. [10]
- The complete SMI for OSSIM is 81.96% while the SMI of Prelude and Cyberoam iView is calculated at 80.68% and 37.16%. [10]
- For example, if the training dataset contains 90% data samples characterised as normal and 10% data samples as anomalous, then the ACC can reach 90% by classifying every case as normal. [10]
- The locality is provided by KNN [64] through which the density is estimated by measuring their distance. [10]
- Total Dataset Size 255000 Modbus flows Training Dataset Size 70%. [10]
- Training Dataset Size 70% Tesing Dataset Size. [10]
- 30% ML/DL Method ACC TPR FPR F1 ABOD. [10]
- Training Dataset Size 70% Tesing Dataset Size 30%. [10]
- 30% ML/DL Method ACC TPR FPR F1 ABOD 0.937 0.947. [10]
- Training Dataset Size 75% Testing Dataset Size 25%. [10]
- 30% ML/DL Method ACC TPR FPR F1 ABOD 0.577 0.571 0.416. [10]
- 30% ML/DL Method ACC TPR FPR F1 ABOD 0.935 0.870. [10]
- Total Dataset Size 10000 time series Training Dataset Size 70% Tesing Dataset Size 30%. [10]
- Total Dataset Size 10000 time series Training Dataset Size 70% Tesing Dataset Size. [10]
- 30% ML/DL Method ACC TPR FPR F1 ABOD 0.692 0.989. [10]
- 30% ML/DL Method ACC TPR FPR F1 ABOD 0.649 0.668. [10]
- Total Dataset Size 10000 timeseries Training Dataset Size 70% Tesing Dataset Size 30% ML/DL Method 2DACC 3DACC 2DF1 3D. [10]
- Tesing Dataset Size 30% ML/DL Method 2DACC 3DACC 2DF1 3D. [10]
- Total Dataset Size 10000 time series Training Dataset Size 70%. [10]
- Tesing Dataset Size 30% ML/DL Method 2DACC 3DACC 2DF1 3D. [10]
- With D3’s adaptable playbooks and scalable architecture, security teams can automate SOC use cases to reduce MTTR by over 95%, and manage the full lifecycle of any incident or investigation. [3]
- Endace EndaceProbes record 100% accurate Network History to solve Cybersecurity issues. [3]
- Seclytics uses Science to predict where attacks will originate on average 51 days before they strike with over 97% accuracy and <.01 false positives. [3]
I know you want to use Security Information and Event Management (SIEM) Software, thus we made this list of best Security Information and Event Management (SIEM) Software. We also wrote about how to learn Security Information and Event Management (SIEM) Software and how to install Security Information and Event Management (SIEM) Software. Recently we wrote how to uninstall Security Information and Event Management (SIEM) Software for newbie users. Don’t forgot to check latest Security Information and Event Management (SIEM) statistics of 2024.
Reference
- marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/security-information-event-management-market-183343191.html.
- einnews – https://www.einnews.com/pr_news/560369618/security-information-and-event-management-industry-market-statistics-2024-top-impacting-factors-and-global-opportunity.
- alliedmarketresearch – https://www.alliedmarketresearch.com/security-information-and-event-management-market.
- fortinet – https://www.fortinet.com/products/siem/fortisiem.
- techtarget – https://www.techtarget.com/searchsecurity/definition/security-information-and-event-management-SIEM.
- exabeam – https://www.exabeam.com/explainers/siem/what-is-siem/.
- wikipedia – https://en.wikipedia.org/wiki/Security_information_and_event_management.
- nih – https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8309804/.
- ibm – https://www.ibm.com/qradar/security-qradar-siem.
- solutionsreview – https://solutionsreview.com/security-information-event-management/critical-siem-statistics-your-enterprise-needs-to-understand/.
- sciencedirect – https://www.sciencedirect.com/science/article/abs/pii/S1389128621001237.
How Useful is Security Information and Event Management
The answer lies in how organizations utilize and integrate SIEM within their security infrastructure. SIEM platforms are a powerful tool for centralizing and analyzing security event data from across the organization. By aggregating and correlating logs and alerts from various security tools and devices, SIEM solutions can help security teams identify patterns and trends that might signify an ongoing security incident.
Furthermore, SIEM platforms can also automate the process of alerting security teams to potential threats, enabling faster response times and reducing the risk of a breach going undetected for an extended period. This proactive approach to threat detection is essential in an era where cyber attacks are becoming more sophisticated and frequent.
However, the effectiveness of SIEM systems ultimately depends on how well they are implemented and configured. Organizations that simply deploy a SIEM solution without proper planning and resource allocation will likely struggle to derive value from the technology. Building and maintaining a robust SIEM infrastructure requires a significant investment of time and resources, and organizations must be willing to commit to continual monitoring and tuning to ensure the system remains effective.
Moreover, SIEM platforms generate a vast amount of data, and organizations must have the capability to effectively analyze this data to derive actionable insights. Without skilled personnel who can interpret the data generated by the SIEM platform, organizations risk being overwhelmed by false positives and missing critical security incidents.
Another key consideration is that SIEM systems are not a silver bullet solution to all cybersecurity challenges. While they are an important component of a layered security strategy, organizations cannot rely solely on SIEM for protection against all threats. It is essential to complement SIEM with other security technologies such as intrusion detection and prevention systems, endpoint security solutions, and rigorous access controls.
Despite these limitations, SIEM remains a vital tool in the fight against cyber threats. When properly implemented and integrated within an organization’s security infrastructure, SIEM can provide valuable insights that help security teams detect and respond to security incidents more effectively. By centralizing security event data and automating alerting processes, SIEM systems enable organizations to stay ahead of emerging threats and protect their valuable data assets.
Ultimately, the usefulness of SIEM comes down to how organizations leverage the technology and integrate it with other security tools and processes. With the right approach and the necessary investment in resources and expertise, SIEM can be a powerful ally in the ongoing battle against cyber threats.
In Conclusion
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