Best SIEM Tools and Software for 2023

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Best SIEM Tools and Software for 2023

Best SIEM Tools and Software for 2023
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Looking for the best SIEM tool? Check out our list and find the security information and event management solution that fits your business needs.
Security information and event management (SIEM) is a device and environmental analysis strategy intended to help secure and protect company operations, data and personnel. By providing a comprehensive analysis of security-related details and related recommendations, SIEM tools assist through ensuring compliance and remediating potential or active threats.
According to Grand View Research, the global SIEM market amounted to almost $4 billion in 2022. It is expected to continue to expand at a rate of 14.5% per year through 2030 due to growing instances of cyberattacks and breaches.
SEE: Whitepaper: Security Information and Event Management (SIEM) Orchestration | TechRepublic (TechRepublic)
Those wishing to adopt SIEM or planning to upgrade a legacy SIEM tool to a modern platform should carefully evaluate the available tools. Features such as cloud and on-prem functionality, remediation capabilities and the platforms supported should be among the top areas to be considered.
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SEE: Integrating SIEM into Your Threat Hunting Strategy | TechRepublic (TechRepublic)
Figure A

Solarwinds SIEM dashboard.
Solarwinds SIEM dashboard. Image: SolarWinds

Logo for Solarwinds.
Image: Solarwinds

SolarWinds Security Event Manager (SEM) is focused on log aggregation and threat detection. It can easily process and forward raw event log data to external applications for further analysis using syslog protocols, which is an area where it stands out from the competition.

The Crowdstrike logo.
Image: Crowdstrike

Falcon LogScale is a SIEM and log management platform that lets users collect logs and access live data. It takes things a stage further than most SIEM tools by including a wide range of remediation features courtesy of its integration with the rest of the CrowdStrike Falcon platform as well as its extensive XDR capabilities.

Figure B

Splunk dashboard.
Image: Splunk

Splunk logo.
Image: Splunk

Splunk Enterprise Security offers cloud-based security-related event notifications and log monitoring. It can identify resource bottlenecks, failing hardware, capacity issues and other potential issues. As it evolved in the era of the cloud, it is particularly well suited to cloud-native environments. Splunk Incident Review dashboard Image: Splunk

Figure C

Datadog security monitoring dashboard overview.
Datadog security monitoring dashboard overview. Image: Datadog

Datadog logo.
Image: Datadog

Datadog has designed its platform to be highly customizable to user needs. Datadog Security Monitoring makes it relatively easy to see at a glance what’s happening with all sources being analyzed.

Figure D

LogRhythm dashboard overview for SIEM. Image: eWeek
LogRhythm dashboard overview for SIEM. Image: eWeek

LogRhythm’s SIEM software is designed to be hosted on-premises. It has built AI and automation features into its platform. Reporting based on queries is easy to configure. The system integrates well with an array of security and technological solutions..

Figure E

RSA NetWitness SIEM threat dashboard.
RSA NetWitness SIEM threat dashboard. Image: NetWitness

Logo for RSA Netwitness.
Image: RSA Netwitness

RSA, well known for its multifactor soft and hard token authentication products, has a strong footprint in the overall security community. Its NetWitness SIEM is geared more toward large businesses, with versions that work both on-premises and via cloud.

Manage Engine logo.
Image: Manage Engine

ManageEngine Log360 is a SIEM that serves businesses of all sizes but is especially suited to small business deployments. It also integrates well with a series of other security and monitoring products that the company offers.

Figure F

IBM Security QRadar dashboard with chart and KPIs.
IBM Security QRadar dashboard with chart and KPIs. Image: IBM

Logo for IBM QRadar.
Image: IBM

IBM QRadar is a threat detection and response solution that includes an SIEM module. As such, IBM Security QRadar SIEM is especially suited to enterprises that are heavily invested in IBM tools and systems, as well as large enterprise deployments.

Logo for Trellix.
Image: Trellix

Trellix Security Operations and Analytics contains the bones of the old McAfee Enterprise Security Manager SIEM platform and is now a module known as Trellix Enterprise Security Manager. That SIEM offering was Active Directory-based and well suited to Windows environments. But Trellix has expanded it to offer strong cloud support.

oLogo for AT&T.
Image: AT&T

AlienVault Unified Security Management platform (USM) is now AT&T USM Anywhere. It discovers assets and gathers data about running services, users, operating systems and hardware information. This asset focus means it can pick up any devices in the environment that it protects.

All SIEM software tools take care of log monitoring and management. Further important features include whether the tool is cloud-based, whether it can be hosted on-prem, whether it includes remediation capabilities and what platforms it runs on.
These days, most SIEM software is based in the cloud. Cloud-based products are easier to deploy, easier to manage and simpler to run. And with so many enterprises operating in one or more clouds, SIEM tools in the cloud are a must-have. Some vendors provide SIEM on a Software-as-a-Service (SaaS) basis, and others offer it as a fully managed service.
Some enterprises are averse to operating in the cloud due to privacy, security or compliance reasons. They need to load SIEM on their own internal servers. Some vendors offer this option, while others don’t.
SIEM originated as a way to simplify the compilation and analysis of security logs. It provided enterprises with a way to evaluate huge numbers of log entries and alerts and detect potential issues or intrusions. More recently, however, SIEM platforms have begun to add remediation capabilities. Some offer ways to automate a limited number of remediation actions. But a few tools provide access to a wide range of security remediations, either within the SIEM itself or via integrated or associated tools provided by the same vendor.
The SIEM market is highly competitive. Most vendors have to provide tools that operate on all major operating systems and cloud environments. But there can be a few holes. Those with an extensive Google Chrome presence, for example, may find their SIEM options limited. It is vital, therefore, to verify that your potential vendor of choice is fully set up to run their systems in your environment.
Every one of the products outlined here offers quality security protection and would be of value to any organization — and every organization needs some level of log-based real-time security analysis to help prevent and detect threats.
Making the right choice when selecting SIEM software is going to depend on company priorities, requirements, budget, level of IT expertise and level of IT availability to assess and handle threats. If money is no object and tech staff isn’t able or willing to roll up its sleeves and tackle security risks, a managed SIEM like USM Anywhere may be the way to go. If company budgets are less robust and in-house talent and time are copious, SolarWinds SEM, Datadog or AlienVault would be among the candidates. Otherwise, options such as LogRhythm, CrowdSrike, Splunk, RSA , IBM QRadar and ManageEngine should be high on the list of those to consider.
The SIEM tools covered here were selected based on their prominence in analyst reports as well as user reviews.
Strengthen your organization’s IT security defenses by keeping abreast of the latest cybersecurity news, solutions, and best practices.
Best SIEM Tools and Software for 2023
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