Businesses are currently witnessing improvements in cybersecurity capabilities, thanks to advancements in Artificial Intelligence (AI). However, the progress is accompanied by a parallel increase in the threat and sophistication of cyber-attacks, especially when the right event monitoring and threat detection tools are not utilized. Deloitte's latest research on security operations indicates that in 2023, 12.5% of businesses experienced more than one security event.
The Federal Risk and Authorization Management Program (FedRAMP®) authorization has, for years, been seen as an arduous undertaking only for companies that want to do business with government agencies and their contractors. However, with growing cybersecurity risks, coupled with tightening data privacy regulations across industries, FedRAMP’s fundamental security requirements are becoming best practices for all organizations handling sensitive data.
Although SIEMs have existed for more than 20 years, many organizations still fail to achieve full data visibility into their environments. Two problems compound this challenge. First: attack surfaces. As organizations scale their digital infrastructures and bring on new applications, the amount of data analysts need to monitor and analyze increases exponentially.