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The Top 5 Reasons to Consider a Hybrid SIEM Managed Service

by Bob Giguere | December 13, 2024

Illustration by GCA showing a diagonal column of blue boxes in varying sizes and shades.

Should I Consider A Hybrid SIEM Managed Service For My Organization?

When it comes to managing your SIEM, it’s a round-the-clock undertaking. It can be difficult to set up the tools to ensure you’re getting the maximum benefit and the specific reporting you need so that you can identify threats in real-time. Have you considered a hybrid (sometimes referred to co-managed) option leveraging a Managed Services Provider (MSP)? A hybrid SIEM managed service provides you with a number of benefits that ensure your SIEM is operating flawlessly and providing valuable information and threat detection.

The Highlights Of Having Your Own Hybrid SIEM Managed Service

#1: You Own Your Own SIEM

In a co-managed SIEM arrangement, you still own your software, it’s on your premises and have full control over your investment. Whether you’re using IBM QRadar, LogRhythm, Splunk, HP or otherwise, you can use your existing tools and leverage the expertise and capabilities of an experienced team to support you through a secure connection. Setting up your SIEM can be a daunting task for someone who isn’t familiar with the interface or aware of SIEM’s full capabilities. Using an MSP to provide a hybrid SIEM managed services allows you the advantages of owning your own tool AND the experience of knowledgeable SIEM engineers from your MSP. Since you own your SIEM with hybrid SIEM management, you can seek the assistance of an expert team today as you build your internal team to manage it tomorrow.

#2: 24/7 Coverage and Monitoring

To get the most from your SIEM, 24/7 monitoring is essential. For many companies, a round-the-clock team is untenable and a real drain on resources. For example, to staff an internal Security Operations Center (SOC) typically takes a minimum of six full-time employees to provide full-time coverage to manage a SIEM solution. In addition, an internal SOC requires you to build and manage the SOC, recruit capable staff, and provide ongoing training and management which is expensive and time-consuming. A hybrid managed SIEM service can not only be a more affordable arrangement, but provides expert 24/7 monitoring and incident response while your internal security team focuses on their core competencies to secure your valuable data.

#3. Access to Security Engineers

With a hybrid managed solution, an experienced security engineer can help you get the most out of your SIEM. With a knowledgeable SIEM engineering resource at hand, you have help to set up customized alerts and rules, tailor reports and correlate events based on your unique security environment and business needs. Additionally, with a managed service for SIEM you can be assured that operational performance is being tested on a regular basis and that any upgrades of patches to your tools are being installed and deployed so your tools are always up-to-date.

#4: Educational Opportunities

With a hybrid SIEM managed service, your security team can work side-by-side with the experts. Instead of having to learn the nuances of SIEM on their own, your security engineers can learn in real-time with guidance from a seasoned SIEM professional that has been exposed to numerous environments. Your team can be in lockstep with your experienced SIEM MSP team to grow their knowledge.

#5. Flexibility

A hybrid managed service arrangement gives your organization flexibility with your SIEM. By leveraging an MSP to manage your SIEM, you can get a good sense of what kind of staff and resources are needed before you make an investment in your own team. Also, since you own the SIEM, hybrid management gives you the flexibility to change MSPs should the need arise, or to bring management back in-house at a later time when you’re ready.