At Devo, we take pride in providing our customers with innovations that enable them to derive tremendous value from our Platform and applications as they work to keep their organizations secure. That ongoing commitment is embodied in our newest offering — Devo Exchange.

According to Cybersecurity Ventures, cybercrime will cost the world $10.5 trillion annually by 2025. However, it is alarming how many companies are unaware of the aftermath of being attacked. A successful attack can cause irreversible damage to companies’ finances. This is because attacks include money theft, damage, and destruction of data, interruption in services, decreased productivity, theft of intellectual property, theft of personal and financial data, reputational harm, and others.

Organizations cannot wonder if a data breach will happen — they must prepare for when that day comes. Early detection is key to mitigating an attack when it inevitably occurs, but how can CISOs ensure their teams can sift through all the noise they encounter in the SOC to spot malicious activity? Security information and event management (SIEM) technology can play a critical role in empowering your security team to detect potential indicators of compromise faster.