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Building in-house breach detection and response capabilities is difficult. When chosen right, your managed detection and response service provider actually become your cyber security partner: its capabilities become an extension of your own. One of the biggest reasons why your organization should consider a managed security service instead of an in-house SIEM (security information and event management) deployment for breach detection and response: cost, cost, cost!
THE REAL COSTS
OF SIEM VS. MANAGED
Why should you consider a managed security service instead of
an in-house SIEM (security information and event management)
deployment for breach detection and response
DYI TO ROI
Usually involve a large upfront
investment to purchase the
software and hire extra staff, or
assigning existing staff (for
system integration etc.)
Often subscription based,
which requires a much smaller
upfront investment and
provides budget flexibility.
It usually takes 1-2 years to
implement an SIEM solution.
And it’s not a rare case where
you may have heard SIEM
deployments run over budget
For example with F-Secure’s
managed service the time from
initial deployment and
configuration to actual breach
detection and response
capabilities is less than a week.
There is almost no deployment
cost for customers.
Professionally trained and
experienced security experts
are scarce, and scarce
resources are costly.
With F-Secure’s managed
service, your organization will
have 24x7 access to threat
analysts, incident responders,
and forensics experts at a
fraction of the cost of staffing
multiple shifts of such a team.
Because of the labor costs to
effectively run an SIEM
solution in-house, your
organization is expected to
face prohibitively high
operational costs over the
life time of an SIEM solution.
In contrast, all you need to
have on your balance sheet for
using a managed service is a
fixed, yearly subscription fee.
And a subscription based
service agreement often
provides you with more
operational flexibility than any
Your IT and security staff is a limited resource. They either spend
their working hours on monitoring thousands of event logs and
screening hundreds of alerts generated by an SIEM solution, or
they can use the same amount of time creating more value on
tasks that serve your organization’s strategic initiatives (such as
Such opportunity costs are something many organizations fail to
take into consideration when making purchase decisions on
Let’s imagine there is a breach flagged and verified by your in-house security team. What’s next?
Responding to a breach is usually a lengthy and expensive process that requires data forensics expertise
and incident response capabilities that most companies simply don’t have. Your SIEM solution leaves
you with tons of log files, but where will you get the pros to analyze those and start the remediation
process? How soon will these pros become available to you? Every single day you are left without
proper breach response measures is a day your organization loses productivity.
If you’ve subscribed to a with a well-established cyber security provider such as F-Secure, there is
usually a big team of incident responders at your service for when a breach takes place. Because such a
team works constantly on all types of breach investigation across industries, they also know the latest
and most dangerous techniques, tactics, and procedures used by modern attackers.