XDR (Extended Detection and Response) systems and SIEM (Security Information and Event Management) systems share some similarities, but they are not exactly the same and do not necessarily replace each other. XDR systems are a newer technology that is designed to provide organizations with a more comprehensive view of their security posture by collecting and analyzing data from multiple sources, such as endpoints, networks, and cloud environments.

It’s no secret that SOC teams are struggling. The main reason is the sheer volume of data they must collect and analyze to thwart cybercrime. The data sources they need to account for include applications, transactions, IoT devices, mobile devices, and more. And the amount of global information created, replicated, and consumed is projected to increase to more than 180 zettabytes over the next five years, making the data challenge we’re facing even worse.

The need for fast incident response is a given. No industry professional would deny how critical a rapid response is when dealing with a cyber threat and an incident. However, it is equally important to understand that the quickest response is not always the best in cybersecurity. Security operations centers (SOCs) and organizations must factor in other variables, too, when preparing for the inevitable, as recent cyber stats suggest.

Elastic Security 8.6 helps security practitioners investigate and respond to threats quickly at cloud scale with SIEM, cloud security, and endpoint security. This release includes new data source integrations, expanded prebuilt detection content, and improved detection engineering and analyst workflows — bringing efficacy and efficiency to the modern security operations center (SOC).

Last year brought us many challenges in the cybersecurity aspect. The malicious actors become more sophisticated, and the breaches are more aggressive. The role of cybersecurity solutions has become more apparent. LogSentinel understood the need for cybersecurity solutions for all types of organizations. SMEs are a regular target for hackers due to the lack of cybersecurity specialists and tools that can manage the security of the organization.

The financial services industry has been a threat actor target since before digital transformation was even a term. Further, the financial services organizations find themselves continuously under scrutiny. As members of a highly regulated industry, these companies need to comply with various laws to ensure that they effectively protect sensitive data.

Cyberattacks have intensified over the last few years as threat actors are always improvising their game plan to carry out new and sophisticated methods. Concepts like Ransomware as a Service have made it easy for small threat groups to leverage weaponized services with devastating results for organizations. This highlights how traditional security systems and approaches are no longer able to keep up with the ever-evolving threat landscape.

Governments, businesses, and society depend on reliable, functioning information and communication technology. However, increased severity of ransomware attacks and vulnerabilities in computer chips undermine these infrastructures. Further, as people adopt Internet of Things (IoT) devices, their inherent lack of security and ability to be aggregated into large, malicious bot networks increases these risks.

Almost every day we hear of another data breach. There has been no shortage of headline-hitting breaches here in Australia, such as Medibank and Optus. The old-school method of ransomware encrypting any data it has access to and requesting a ransom for the decryption key to restore data has evolved. It is now a more insidious and far-reaching problem involving bad actors exfiltrating data and requesting a ransom to keep from exposing that data publicly.

Firewalls are the first line of defense in any network. Firewalls can be software or appliances, and organizations can configure them up to allow or disallow some or all IP traffic, or to verify specific traffic types based on rules that use deep packet inspection. For maximum effectiveness, it’s critical to monitor the operation of your firewalls to spot threats and misconfiguration.