New Report Finds Cost, Functionality, and Innovation are the Top Reasons Security Practitioners are Seeking New SIEM Vendors – Cybersecurity Insiders

According to Panther’ recently published second annual “State of SIEM” report, Cost, functionality, and innovation are the top reasons for seeking a new solution. Whether happy or unhappy with their current solution, the most often cited reasons they would decide to switch are what they pay and what their platform won’t do for them.

The report surveyed 285 full-time cybersecurity professionals, each working as part of a team that currently uses a security information and event management (SIEM) platform, including security engineers, analysts, and architects. The goal in benchmarking the State of SIEM is to gain insight into what security operations professionals are seeing, their challenges, frustrations, and what they want to improve.

“This year’s report further indicates how legacy SIEMs are holding security teams back by making their jobs more challenging and far less enjoyable,” said Jack Naglieri, CEO and founder of Panther. “Security teams are using these tools even though they can’t get the scale and flexibility they need as they face new and emerging threats – pains that my team and I also experienced working at companies like Amazon and Airbnb.”

This report highlights how the shift to the cloud has resulted in an explosion of data that security teams need to collect, analyze, and retain to detect threats. Meanwhile, the ‘everything-as-code’ evolution is bringing developer-centric approaches to security operations.

“Modern security teams are operating more like software development teams and want tools built to embrace continuous development workflows that traditional security monitoring tools were simply never built with cloud-scale in mind and cannot meet the demands of today’s modern workloads,” said Naglieri.