More than one-third of responding health institutions reported at least one ransomware attack in the preceding year, according to a 2021 report by the World Health Organization (WHO), "and a third among them reported paying a ransom."
Security Information and Event Management (SIEM) systems enable organizations to identify and resolve potential security threats and vulnerabilities before they can impact business operations. SIEM solutions assist security teams in detecting unusual user behavior and leverage artificial intelligence (AI) to automate numerous manual tasks involved in threat detection and incident response.
SIEMs centralize and analyze security data across an organization's entire digital infrastructure, like network monitoring systems and Intrusion Detection and Preventions systems. SIEM platforms provide real-time threat detection and response capabilities by collecting, correlating, and monitoring logs and events in real time.
According to the Federal Trade Commission (FTC), effective breach detection leads to:
A research paper titled Security Information and Event Management (SIEM): Analysis, Trends, and Usage in Critical Infrastructures discusses how SIEMs help administrators detect and respond to potential breaches by:
Modern SIEM solutions go beyond simple event logging, offering capabilities such as forensic analysis, which can include capturing network session packets, converting data into recognizable files, and providing detailed investigative insights. They create interactive dashboards and generate reports that help security teams quickly visualize and understand potential security threats. These systems analyze the behaviors of employees, contractors, and system users, using algorithms to detect potential misbehavior or unauthorized activities.
SIEMs integrate with other security tools by collecting, analyzing, and correlating data from multiple sources, including firewalls, IDS/IPS, endpoint security solutions, and threat intelligence platforms, to enhance overall security.
SIEMs automate the collection and analysis of logs from various systems, ensuring that all activities are monitored and reviewed in real time. This meets HIPAA requirements for regular review of information system activity.
SIEM systems can help protect sensitive patient data, detect and mitigate ransomware attacks, ensure regulatory compliance, and improve overall cybersecurity posture.