A large regional bank knew it was time to upgrade their SIEM. Their legacy on-premises SIEM solution was experiencing stability issues causing their security team to spend time maintaining the solution instead of investigating threats. Additionally, their SIEM solution had limited contextual enrichment and analytics capabilities only covering basic use cases, which made the security team worry they were missing threats in their environment. Preferring a cloud solution for their security operations center (SOC), the bank’s security team sought out information on top software-as-a-service (SaaS) SIEM solutions. They looked at Exabeam, Splunk, and Securonix. The bank wanted to ensure the chosen next-generation SIEM could detect advanced threats, ingest more of their environment’s data, and was easy to customize for specific use cases.
Securonix was seen as a strong contender to address these key challenges and was eventually chosen to replace their legacy SIEM because of the increased scalability and cost efficiency the Securonix solution provided.