Business Driver:  Splunk Enterprise SIEM

Centralising the management and oversight of all Cybersecurity operations bolsters overall IT security and streamlines operations that increase productivity and reduces security risk. As organisation’s better understand their cybersecurity risk, entities of all sizes are assessing whether implementing a Security Incident Event Management (SIEM) application is a good fit for them or whether using a dedicated point-solution is a better fit. Another approach is to add capabilities to an existing investment that monitors infrastructure, applications, services and processes. The risk of downtime, unplanned outages and performance degradation in many ways pose a critical risk to business operations too. Another risk is non-compliance with regulations particularly privacy. In Australia, legislation has been enacted that enforces disclosure of data breaches while similar oversight is demanded in many foreign theatres of business operation.Pricing risk is important when deciding how and why you would deploy a SIEM. What does an outage cost and are there any collateral costs to security breaches and business continuity failures?

Business Driver: Splunk Phantom Security Orchestration Automation Response SOAR

Automating security orchestration reduces risks, increases efficiency and leads to better outcomes. For Enterprises who must protect vast landscapes of infrastructure or oversee a large, distributed production computing environment, SPLUNK SOAR is a good fit.

Value Proposition – Splunk Enterprise Security Incident Event Management

Risk mitigation is a vital component in business management. Understanding how and why business could be adversely affected by external forces should be a chapter in every comprehensive business plan. The plan should encompass limitations imposed by people and processes across the organisation and enable forward-looking management to price risk, identify and analyse process and operational weaknesses and remedy or lay contingency plans in place. Possessing and executing against a pre-determined plan is a competitive advantage. With compliance risks increasing – particularly around cybersecurity – management’s ability to demonstrate how staff are prepared and prove safeguards are deployed offers both repudiation and confidence that your organisation is ready to deal with any exigency that arises. There are two common approaches to realising the best value for your organisation from SIEM. Use the specialised tools available from your hardware vendor to monitor performance and anomalous behaviour or look to a plethora of solutions available to identify and fix issues proactively where possible. The one common denominator is the ability to log and track issues in real-time. With a solution like Splunk Enterprise, management can implement a single solution that manages cybersecurity risks in addition to providing business intelligence analytics that enables greater utilisation of existing resources. In tandem with legislated oversight demands, a better ROI on management software investments is realised.

• Business risk and cybersecurity are intertwined and should not be viewed as separate objectives or deliverables
• The ability to analyse and respond to business and security risks is a competitive advantage and constitutes part of an organisation’s intellectual property. It’s not an overhead but an investment
• Rapid responsiveness and ability to execute against threats lowers business risk and can bolster the bottom line
• Solid analytical tools can provide insights that improve business continuity goals and lower operating overheads
• Investments in staff can be amortised across a greater number of tasks reducing staff turnover and improving retention rates
• Compliance tools can help management meet legal oversight and offer proof of non-repudiation in the event of an incident

Product Overview Splunk Enterprise SIEM 

Splunk Enterprise offers the means to consolidate IT Operations, Security and Compliance all under a single platform. By combining these management and monitoring functions, administrators are freed up to focus on delivering better business outcomes that realise a better return on an organisation’s IT investment.

Here are Splunk Enterprise’s core deliverables;

Security Operations

Real-Time monitoring coupled with targeted threat correlation give valuable insights into threats and current security posture. Splunk Enterprise provides an Enterprise overview of readiness that helps ward off threats of all types. More importantly, it provides the means to understand your security risk at any point and with its intuitive reporting functions, rapidly share this information with the “C-Suite” if management oversight is needed.

Risk Mitigation

Identify, validate and mitigate risk in real-time as well as track threats for cursory or forensic analysis based on the use-case. Splunk Enterprise also provides the means to quickly identify gaps in the defences and assign priorities on remediation and safeguards based on risk or budgetary constraints. It also enables administrators to extend their oversight to Cloud based resources in addition to the on-premises infrastructure needed for day-to-day operations.

Security Analysis and Response

Splunk Enterprise provides the tools to detect, analyse and respond to attacks and correlate telemetry and reconnaissance to determine the most effective defence measures. It also allows administrators to visualise attacks and respond quickly based upon the sequence of events. With Splunk’s User Behaviour Analytics (UBA) anomalous patterns can be detected that identify rogue users or entities further bolstering cybersecurity readiness.

Compliance

By building a single “point of truth” the burden of meeting compliance with local and global regulations is simplified and the costs associated with meeting regulatory or legislative mandates is reduced. Additional cost savings can be made in compliance costs through continuous risk assessment, automated data collection and simplified reporting and auditing.

IoT Security

Protect mission-critical industrial assets with business driven IoT risk mitigation, streamlined operations and proactive production risk mitigation measures. For organisations who rely on SCADA infrastructure, Splunk Enterprise can provide granular security and predictive maintenance in addition to mitigating security risks.

IT Operations

Application Monitoring

Make sure mission critical business and Cloud applications are working within optimal parameters and meeting service level agreements. Splunk’s ITSI provides real-time reconnaissance on the health and performance of business applications and alerts administrators to issues and potential problems proactively helping to improve uptime. 

Event Management

Declutter alerts and filter noise and gain more meaningful insights into incidents, alerts and warnings.

DevOps

Increase the efficiency and responsiveness of the entire DevOps chain. Real-Time monitoring identifies system flaws, slashes troubleshooting requirements and reduces the entire DevOps lifecycle reducing costs and improving productivity.

Infrastructure Monitoring

The common nemesis of business is unplanned downtime. It can damage your hard-won reputation and contribute to financial losses. Gain visibility into operations and mitigate business availability risks.

Predictive Analytics

By understanding granular operations at a system level, administrators can identify contributing factors that have adverse effects on business availability and proactively mitigate them.

Business Operations

Business Process Analytics

Troubleshoot and optimise processes with analytics and data mining to improve productivity across the entire supply chain. Identify issues that are hindering operating efficiency and delivering better stakeholder outcomes.

Internet of Things – IoT

Monitoring and Diagnostics

Provide basic monitoring, alerting and diagnostic telemetry over diverse industrial IoT ecosystems and mitigate drowning in information with custom alerts. Add value to your IoT investment through unifying and correlating data sources and diagnose operational challenges based on observable trends or real-time data acquisition.

IoT Predictive Maintenance and Analytics

Harness the power of real-time analytics to drive proactive and predictable maintenance regimens to reduce downtime, improve plant and field operating performance and reveal any hidden operating issues that could threaten asset availability. 

Operational Technology

Real-Time and Predictive Analytics helps administrators capture the power of analytics-driven IoT.

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