From manufacturers in Michigan to fintechs in Finland, every business must comply with industry regulations — which are increasingly constraining. At the same time, businesses must protect and account for a growing number of systems, applications and data in order to remain compliant. In other words, compliance is getting harder. Enter log management. While regulations vary by country and industry, nearly every organization must store compliance-relevant information for a certain period of time.
Our SOC Performance Report found that it takes an average of seven months to fill open SOC positions, and 55% of those doing the hiring are struggling to find qualified staff. As a result, SOC resources are strained, putting the team at risk for fatigue and burnout, which can cause them to miss critical alerts. Research has shown this is a widespread issue, too, as most SOCs waste an average of 10,000 hours annually validating unreliable and incorrect alerts.