Securonix, a provider of a security information event management (SIEM) platform delivered as a cloud service, today launched a partner program specifically aimed at managed security service providers (MSSPs) that would prefer to rely on a SIEM platform designed specifically to meet their requirements than build one themselves.
At the same time, Securonix has named David Wagner, former partner executive at LogRhythm, Alert Logic, and IBM, to be its senior director of global MSSP business.
Securonix has built a SIEM platform based on open source Big Data technologies such as Hadoop delivered as a cloud service that MSSP can invoke from within their security operations centers (SOCs). That platform includes advanced threat detection and response capabilities along with user and entity behavior analytics (UEBA) and security orchestration and response (SOAR) platform.
MSSPs that want to provide a similar level of capability would have to invest a major amount of time and effort, says Wagner.
“It would take most MSSPs six months to just get something up and running,” says Wagner.
Better still, Wagner says Securonix makes it feasible for most issues to be resolved using Level 1 or 2 technicians. At the same time, the fatigue level those technicians might experience is sharply reduced because the Securonix SIEM platform generates false positives at a rate below 2 percent, adds Wagner.
Pricing for the Securonix service is based on unique identities of the end users on the platform.
Securonix is also in a better positioned to apply machine learning algorithms and other forms of artificial intelligence to the massive amounts of data it can aggregate in the cloud, notes Wagner.
Many MSSPs will need to rethink their overall strategy as the cost of securing multiple customer environments at scale continues to rise. Many of them will determine that using their own engineering talent to integrate various open source and commercial technologies to create a custom platform is no longer a viable option. The first step to making that determination, of course, is figuring out what their total cost of delivering a managed security service really is.
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