Managed SIEM Services
24/7 SOC monitoring, 1 click compliance, increased security, at an affordable cost.
Request a quoteWhat is Managed SIEM?
Let’s start with the basics; SIEM stands for Security Information and Event Management.
In short, SIEM technology bundles log data, security alerts, and events into one centralized platform or location. The technology analyzes the data in real-time to monitor and keep the environment secure. SOCs or Security Operation Centers utilize the SIEM to efficiently monitor the organization’s environment, evaluate log data for incident response to data breaches, ransomware, and adhere to regulatory and NCUA compliance.
Although the simplified explanation above may make SIEM sound easy, it is a burdensome task for IT teams. SIEM is a remarkably powerful cyber defense tool, but most credit unions don’t have the time, staff, or expertise to run their SIEM alone.
How Managed SIEM Works
Configure
Before a SIEM becomes an effective tool, it must be configured and tuned, which can take 90 days or more.
Manage
Once your SIEM is in production and producing data, you need specialized employees to manage it. In a 451 survey, 44% of organizations said they lacked the staff to run a SIEM properly.
Alert
SIEM’s are a tremendous alerting tool to keep your staff appraised of potential threats. Still, if your SIEM isn’t configured correctly, you could be getting too many alerts preventing you from being able to identify and respond to the real threats.
Report
Most SIEMs do not provide an easy-to-use reporting feature, making them difficult to monitor, manage, and tune.
Managed SIEM takes the burden off you and your credit union to monitor and protect your environment at all hours of the day.
Why Credit unions are opting for Managed SIEM:
24/7 Monitoring
Financial Institutions are under a constant barrage of security threats. With 24/7 continuous monitoring of your environment, you immediately increase your security awareness and prevention and begin remediation work sooner during a breach event.
Compliance
Your credit union needs to maintain NCUA and regulatory standards and compliance. The right SIEM solution can provide you with the tools and reports necessary to prove that your Credit Union meets compliance objectives.
Response Time
With continuous monitoring of your credit union’s environment, threat identification happens immediately, leading to a quicker response time, significantly reducing the organization’s risk and membership.
Log Aggregation & Correlation
The aggregation of data provides for the identification of patterns and allows for post-incident response reviewal. Patterns allow you to identify abnormal staff behavior and detect attacks from multiple vectors.
The Benefits of OGO Managed SIEM
User & Entity Behavior Analytics(UEBA)
Proprietary UEBA data science identifies, detects, analyzes, and prioritizes anomalous behavior.
One-Touch Compliance Reporting
Download reports in seconds, or schedule them to your inbox weekly, monthly, or quarterly.
Darknet Exposure Module
Extend your defensive capabilities beyond firewalls, endpoints, and security devices into Russian ID theft forums and the criminal underground.
Advanced Talent/Outsourcing
Credit unions don’t have the time, money, or staffing to keep up with the continuous monitoring needs of SIEM. A managed SIEM provider doesn’t just unburden your staff. It is a dedicated team of experts whose only focus is SIEM monitoring.
Time & Budget
Your credit unions’ money and staff are valuable resources. Integrating the right managed SIEM team can be an affordable extension of your organization.
What you can expect when working Ongoing Operations:
Price Point
Pricing that is affordable for your credit union, small or large.
Compliance
Staying compliant with NCUA and regulatory standards with easy-to-understand reporting.
Reporting
Credit union industry-specific reports
Expert Consulting
A team of cybersecurity experts ready to keep your credit union and members safe.
24/7 Monitoring
Continuous watching and monitoring of your environment
Dashboard
Intuitive dashboard that drives action
Why Ongoing Operations?
Ongoing Operations is a CUSO (Credit Union Service Organization)
Built BY credit unions FOR credit unions! We do one thing, and that’s Credit Union IT and ONLY credit union IT.
- We understand credit union and fintech technologies
- We know the in’s and out’s of compliance and regulations for Credit unions
- We understand your credit unions have monthly cycles, and we know when you’re closing and when to hold off on making changes
- We are an advocate for credit unions and are a part of the Credit Union Movement
- Our focus is on YOU and our mission is to improve the lives of your credit union, your members, and community, through technology
Ready to find out more?
What does a comprehensive Cybersecurity program require?
Patch Management is the number one way to ensure that you are eliminating vulnerabilities and minimizing your risk of attack, but this is just one element. A successful layered cybersecurity program needs more! Backups, a CISO, Firewall protection, and SIEM are all required layers of defense that your credit union to stay safe AND secure!
Backups! BACKUPS! Backups!
Did we mention backups? Backups are crucial. Patch management is the best way to ensure that you are not the victim of a cyberattack. In addition, backups are the number one way to ensure a speedy recovery for your credit union, should any unforeseen issues arise. So, we will say it one more time – backups.
CISO as-a-service
Depending on the size or budget of your organization, you may not have the resources for a full-time, on-site Chief Information Security Officer (CISO). But your security program still needs to be managed and monitored. That’s why we suggest a Virtual CISO (vCISO)! Get your credit union an expert, board-level resource that can help manage and steer your information security compliance, governance, and regulatory program.
Next Generation Firewall Services
The NCUA is looking for credit unions to implement next generation firewall capabilities that include intrusion detection services (IDS) and intrusion protection (IPS) services. A managed next generation firewall solution from Ongoing Operations releases your credit union from the burden of installing, managing, updating, and continuously responding to IDS and IPS alerts from your new firewall. Our managed next generation firewall services will work seamlessly with everything else and provide one phone number to call at all times.
SIEM
If your security system is threatened, then your team needs to know about it RIGHT AWAY. SIEM or Security information and event monitoring is the technology that supports the detection of threats, keeping your credit union compliant, and aids in security incident management with the collection of data. However, not all SIEM’s are created equal. That’s why we have partnered with Adlumin based on three fundamental tenants, including cost efficiency, ease-of-use, and simple integration.
Bundle your cybersecurity needs and get the protection and coverage your credit union needs at a more affordable price with Ongoing Operations. Click below to learn more.