With LogRhythm and Exabeam merging and Palo Alto Networks purchasing IBM's QRadar SaaS assets, the security operations market is undergoing rapid transformation. Forrester Principal Analyst Allie Mellen discusses the implications of these massive moves for the future of the SIEM market.
IBM and Palo Alto Networks have joined forces to transition QRadar SaaS customers to XSIAM. The $500 million deal will accelerate Palo Alto Networks' platformization journey and includes additional payments to IBM for on-premises QRadar customers that migrate to XSIAM.
Palo Alto Networks is set to intertwine even more tightly with IBM following a postmarket close announcement Wednesday that the cybersecurity firm will purchase IBM's SIEM business. "We already partner well with Palo Alto on firewalls, on SASE, and other products," said IBM CEO Arvind Krishna.
There's more consolidation in the SIEM market following today's announcement by LogRhythm and Exabeam that they've reached an agreement to merge. Doubters have attempted for years now to write an obituary for the log data analysis SOC mainstay.
A study by Exabeam and IDC shows cybersecurity spending hit $92 billion in 2022, projected to surpass $170 billion by 2027. Yet, 57% of surveyed organizations still faced significant security incidents in the past year, highlighting the need for advanced threat detection, investigation, and response...
A study by Exabeam and IDC shows cybersecurity spending hit $92 billion in 2022, projected to surpass $170 billion by 2027. Yet, 57% of surveyed organizations still faced significant security incidents in the past year, highlighting the need for advanced threat detection, investigation, and response...
A study by Exabeam and IDC shows cybersecurity spending hit $92 billion in 2022, projected to surpass $170 billion by 2027. Yet, 57% of surveyed organizations still faced significant security incidents in the past year, highlighting the need for advanced threat detection, investigation, and response...
Unlock the full potential of your Microsoft Sentinel deployment with AI-driven solutions from Exabeam, merging the strengths of both platforms. While Sentinel excels in log aggregation and correlation, its capabilities as a SIEM solution for security use cases can be improved with our leading user and entity behavior...
Unlock the full potential of your Splunk deployment with AI-driven solutions from Exabeam. While Splunk excels in general-purpose logging, its capabilities as a SIEM solution for security use cases can be improved with our leading user and entity behavior analytics (UEBA). Exabeam seamlessly integrates with Splunk,...
CEO George Kurtz said Palo Alto Networks' strategy of offering free products won't neutralize CrowdStrike's advantage around total cost of ownership. Customers are smart enough to recognize the difference between the price of a product and the total lifetime cost of operating inferior technology.
Enterprises continue to invest in cybersecurity solutions, with spending projected to double from US$92 billion in 2022 to over US$170 billion by 2027. The 2023 Exabeam Global State of Threat Detection, Investigation, and Response (TDIR) Report, conducted with more than 1,100 senior security and IT professionals...
Cybersecurity has a threat remediation problem.
The proliferation of applications, workloads, microservices and users is quickly expanding the digital attack surface. It’s generating vast amounts of data faster than you can detect and protect. As such, the cybersecurity industry needs to continually innovate to...
As per Gartner by the year 2028, XDR will be deployed in 30% of end-user organizations to reduce the number of security vendors they have in place, up from less than 5% today.
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The evolving threat landscape is posing new challenges, which means cybersecurity organizations need to invest in security information and event management, behavioral-based threat detection and, ultimately, AI, said Durga Prasad Dube, executive vice president and global CISO at Reliance Industries.
Discontent with legacy SIEM offerings and Cisco's proposed acquisition of Splunk have driven "a significant and pronounced increase in interest" in CrowdStrike's SIEM offering. LogScale hit the $100 million ARR milestone last quarter thanks to its search speed, data gravity and cost efficiency.
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