A SIEM (Security Information & Event Management) platform enables the collection of valuable log data within an IT environment to assist with threat detection. Implementation is becoming more widely adopted as organizations begin to understand how they can benefit from all of the features and capabilities of the solution. Almost every business (regardless of vertical or size) has some level of regulatory compliance need. The consequences of failing to meet these requirements may include fines or lawsuits that could disrupt your operations and negatively impact revenue.
This platform provides options to ensure your business aligns with local, state, and federal compliance regulations. While these rules vary by industry, SIEM technology focuses on identifying, addressing, monitoring, and documenting the data that aligns with the guidelines required for compliance.
Let’s break down a few of the most common ones.
HIPAA – The Health Insurance Portability and Accountability Act
- What is it?
It is a federal law passed in 1996 that protects the sensitive health information of individuals. It applies to healthcare providers or any business with electronic healthcare records.
- How does SIEM help?
SIEM enables your business to capture system logs which are an important part of HIPAA compliance requirements as they track who has accessed specific ePHI (electronic protected health information). SIEM log reports are also critical to support any breach investigation or remediation efforts in the case of a cybersecurity incident at your business.
PCI DSS – The Payment Card Industry (PCI) Data Security Standards (DSS)
- What is it?
This standard, founded on the principle of protecting the data of all credit cardholders, creates a framework for businesses to properly store, process, and transmit information. While not a federal law, a few states have legislation surrounding this safety measure.
- How does SIEM help?
SIEM can help meet the compliance guidelines surrounding assessments, repairs, and reporting. It can also provide security auditing to monitor and report across all networks.
ISO 27001 – The International Organization for Standardization (ISO) Standard 27001
- What is it?
This standard sets a baseline for organizations regarding the management and continued monitoring of an information security management system (ISMS). It provides established guidelines for new implementations, daily operations, continual reviews, and recommended improvements for areas including access control, audit and accountability, and incident response.
- How does SIEM help?
SIEM can streamline the guidelines for the analysis and reporting of data collection. It can also aggregate the event data from multiple sources, avoiding a manual process.
While these were just a few regulations IT departments think about, SIEM can support these additional regulations that require compliance reports.
- Sarbanes-Oxley (SOX) Act
- Federal Information Security Modernization Act (FISMA)
- Family Educational Rights Privacy Act (FERPA)
- National Institute of Standards and Technology (NIST)
- GPG 13
- NERC CIP
- GLBA
- 201 CMR 17.00
- DoDi 8500.2
- NRC RG 5.71
- NEI 08-09 Rev 6
Advanticom understands the significance of layering a SIEM platform within your cybersecurity plan. Our team of experts will implement a SIEM solution that fits with the regulations that impact your business. Advanticom is Pittsburgh’s first ISO 27001 certified managed services firm. We understand the importance of efficiently optimizing the compliance process and maintain the global gold standard in Information Security Management Systems (ISMS). Contact us today at [email protected] or check out our website for more information.