Reinventing SIEM For Strategic Business Capability Through Cloud Computing

Security Information and Event Management (SIEM) perimeter scope has widened as the business and strategic IT requirement goes beyond just security and compliance. Today SIEM are used for meeting many IT and business requirements because of the kind of data it collects, monitors, correlates and reporting from the heterogeneous set of devices (firewall, routers, switches, UTMs, Vulnerability scanners, VPNs, Content filters, IP enabled devices etc), applications (MS Exchange, Anti virus, etc), databases (Oracle, SQL) and systems (Windows, Linux, UNIX, Mac etc). SIEM is effectively used by organizations in the following areas.

  • Log Management
  • Detecting and responding to security events
  • Protecting confidential and private data (fraud detection)
  • Vulnerability Analytics
  • Security and forensic analysis
  • Automating security operations
  • Monitoring internal & external threats
  • Tracking user activity – end user behavior
  • Monitoring IT staff/administrator behavior
  • Meeting corporate governance initiatives
  • Complying with government and industry regulations
  • Risk Analysis
  • Network operations, Performance monitors & optimization
  • Asset Management, Capacity or resource planning
  • Configuration Change Audit
  • Optimizing traffic, bandwidth monitoring
  • Network behavior anomaly (NBA) detection
  • Troubleshooting IT problems
  • Service level/performance management
  • Business Analysis
  • Centralized Management Analytics
  • Compliance Automation
  • Audit Gap Analysis

Today’s next generation SIEM delivers services to the NOC, SOC, Risk and the Audit teams. Its rich reporting capability lets enterprises to have an upper hand in the market and full visibility at the macro and micro levels. Business managers want to see how security controls map to individual lines of business which help in strategic business and IT decisions. Enterprises know what’s happening and what is expected to happen in their strategic IT environment which give them the confidence and winning edge over the competitors. With the emergence of cloud computing which reduces the cost of IT investment and maximizes the ROI, organizations are opting for Software as a Service (SaaS) for SIEM solutions. Most organizations already have invested in many point solutions to meet their IT requirements. But they have gaps and they need to fill those gaps. The SaaS delivery model of SIEM solution fills the gaps. Organizations only need to pay for what they want and that too as a subscription model. They also have all the advantage of cloud computing too. The complexities & expenses involved in managing the infrastructure and resources for point solutions is diluted.

In UAE, few MSSPs delivers SIEM through cloud computing (SaaS Model). Organizations can opt for ‘Cloud SIEM’ and the RIO is justified (lower TCO) whether it’s for filling the gaps to meet their requirements or a fully fledged SIEM solution.

Buy Property in Arlington, Virginia and You’ll Be Making a Great Investment

When I first moved to Arlington, Virginia, I was twelve years old. It was the same year that my parents decided to buy property there, and so this small Virginia town became my home. My parents were commuters to Washington, D.C., both holding government jobs, and our home was just three metro stops and a fifteen-minute drive from their work across the border and the Potomac River. It was a commuters dream: great schools and all the charm of the suburbs, along with an easy drive to and from work. My parents loved it, because the town was full of plenty of families, and thus full of kids to entertain their own. Like most things Virginia, the town is rich in history and to this day the smallest self-governing county in the United States.

Do a little research, and it is not hard to see why so many young professionals decide to buy property there. In 2006 CNN Money named Arlington the most educated city in the United States. Consistently Arlington has among the highest median household incomes, and BusinessWeek ranked it the safest city in which to weather a recession. It has been named among the best places to be rich and single, and Parenting magazine named it the best city for families. Everyone seems to agree that the decision to buy property in Arlington, Virginia is a good one. The resilient economy and great reputation have sustained a lot of growth and development, so parts of the city continue to just get better and better, with small shops and restaurants appearing all over the place. Clarendon, a neighborhood in Arlington, is exemplary of this phenomenon. Growth has primarily been around the metro stops, making environmentally friendly transportation easy and cool.

The neighborhoods of Arlington, Virginia are especially diverse, from Rosslyn, sitting on the Potomac with great views of D.C., to Ballston, a neighborhood that combines a commercial metropolis with suburban wholesomeness. The Pentagon and Arlington National Cemetery are among the most popular tourist attractions, but the real reason to buy property would be the numerous bike trails, the cities walk-ability, the great food, and the general community oriented vibe. Purchase property if you want to make a good investment, raise a family, or spend a decade living outside of D.C. and enjoying all the things two cities, literally walking distance apart, have to offer. I am not sure I appreciated Arlington, Virginia enough growing up, but in retrospect my parents made a great decision moving us there. They invested in a county that spends about half its revenue on education, a place where you can buy property and know that in twenty years your kids will still be benefiting from your sound foresight.

Pre-Closing Steps to Create a Great Residential Investment

An investor can easily step back after placing a project under contract and feel that until closing that there is little or nothing to do. Unfortunately, this is a critical mistake. Nothing could be further from the truth. Investors have to look beyond the closing activity and focus on their reports, market studies, and other information to develop plans, budgets, capital improvements, schedules, staffing and service additions to boost earnings, reduce costs, and otherwise secure the investment.

Sometimes thousands of dollars per month can be cut with a program of leak repairs.

Developing plans to place units on individual meters can net $30 to $60 per unit in additional profitability.

Examining the current management’s operation and developing techniques to add value that converts to higher rents or higher occupancy can net huge results. In one case I’ve seen effective occupancy was 84%. By changing office hours effective occupancy increased 10% and increased the property value by more than 50% because of the marginal effect on profits.

Creating plans to accelerate changes to the property to reposition or to turn over underpaying residents can create huge increases in revenue, profitability and value. Couple this with a plan to sell the property quickly after taking over and very large gains can be netted to the investors in a very short period of time.

In another instance the property had several undeveloped unoccupied plots. Keeping these off the note actually increases the value of the property because in general value is based upon profitability for the rented units. In turn, the buyer can turn around and potentially sell plots to achieve an immediate gain.

Ideas like these are found by walking through the historical expenses, old utility statements, the appraisal, the engineering report and surveys. Next, you should examine the properties zoning and see what opportunities this may offer.

The thorough buyer will spend days investigating competing properties management and marketing. Often times, there are differences that can be exploited for real gains.

Finally, traffic studies should be reviewed and frontage compared. If a property can be acquired with strong traffic seeking signage permits often can creates significant revenue for investors.

In short, the pre-closing period is an opportunity to examine your asset and with imagination, dedication, study, and intense review profits can be increased, risks can be reduced, plans to make early gains developed and the general asset value heightened to the advantage of you and your investors. Good luck and great investing!