Cyber Risks · The Hacker News

The High Cost of Useless Alerts: Why SIEMs No Longer Make Sense

Summary: The article argues that SIEMs have become noise generators, citing Ponemon research that 25% of analyst time is wasted on false positives and the Verizon 2024 DBIR finding that alerts were generated but ignored in 74% of breaches. It reports that the average enterprise SOC costs $5.3 million annually, up 20% in one year, with 75% of SIEM total cost of ownership going to maintenance rather than licensing.

What you should know: One Fortune 500 company described in the article spent millions yearly on SIEM ingestion and was breached by an alert that went off but was buried beneath 5,000 daily false positives - the tool worked, and no one could hear it.

Read the original at The Hacker News ↗

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