Cut SIEM Costs Without Cutting Security
A SIEM’s price can be a bit of a shock.
As we’ve covered in another blog, the price of a security information and event management (SIEM) solution is never just about licensing (or whatever you initially agree to pay a vendor for data processing). Even though SIEM licensing costs can easily be tens of thousands of pounds for a small organisation with less than 20 GB of monthly data flow.
Typically, SIEM price consists of three parts:
- Licensing
- Extra data processing you will need
- Operational cost of running a SIEM (which is just as large as the above two).
You might need a SIEM’s capabilities, but you do not need to add these often spiralling costs to your security budget request this year.
This blog examines four common SIEM price reduction tactics that could bring down the cost of your SIEM by thousands of pounds each month and helps you understand the best ways to reduce your SIEM’s price.
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