LogRhythm Survey Finds Information Security Professionals Losing Confidence in Their Ability to Address Cyber Security Threats

Seventy-five percent of professionals surveyed lack the confidence to recognize key indicators of a breach

BOULDER, Colo.--(BUSINESS WIRE)--LogRhythm, the largest and fastest growing independent Security Information and Event Management (SIEM) provider in the world, today announced the results of its 2^nd Annual Cyber Threat Readiness Survey of 150 IT security professionals on their organizations’ readiness to address advanced cyber security threats. An alarming 75 percent of respondents lack confidence in their ability to recognize key indicators of a breach.

“Cyber threats are growing in volume and sophistication and the survey data confirms that most organizations are increasingly less confident in their ability to detect and respond to these threats”

The good news is that despite the erosion of IT professionals’ overall confidence, respondents from organizations that have deployed next generation firewalls (NGFW) and SIEM technologies are three-and-a-half times (3.5X) more confident in their ability to detect key breach indicators.

Respondents surveyed represented companies across many industries, including financial services, federal government, healthcare, manufacturing, retail, utilities, education, communications and energy.

Other interesting survey findings revealed:

• 18 percent are confident they’ll know when a host gets compromised
  • Down 11 percent compared to 2012
• 17 percent are confident they’ll know when a user’s credentials get compromised
  • Down 4 percent compared to 2012
• 24 percent are confident in their ability to identify internal anomalous activity
  • Unchanged compared to 2012
• 20 percent are confident in their ability to detect rogue processes
  • Down 1 percent compared to 2012
• 19 percent are confident in their ability to recognize abnormal behavior patterns
  • Down 3 percent compared to 2012

“Cyber threats are growing in volume and sophistication and the survey data confirms that most organizations are increasingly less confident in their ability to detect and respond to these threats,” said Chris Petersen, CTO/CO-Founder at LogRhythm. “The need for next generation incident and response capabilities such as those delivered with LogRhythm’s SIEM 2.0 Big Data Security Analytics platform has never been greater.”

Survey Methodology

LogRhythm conducted this survey by polling one hundred and fifty (150) IT security professionals between November 2012 and February 2013. For additional information or to receive the raw survey results, please email [e-mail].

About LogRhythm

LogRhythm is the largest and fastest growing independent Security Information and Event Management (SIEM) provider in the world. The company’s patented and award-winning SIEM 2.0 Big Data Security Analytics platform empowers organizations around the globe to detect breaches and the most sophisticated cyber threats of today, faster and with greater accuracy than ever before. LogRhythm also provides unparalleled compliance automation and assurance as well as operational intelligence to Global 2000 organizations, government agencies and mid-sized businesses worldwide.

Positioned as a Leader in Gartner’s 2012 SIEM Magic Quadrant and listed as a “Champion” in Info-Tech Research’s 2012 SIEM Landscape Report, LogRhythm also earned a perfect, 5-star rating and this year’s exclusive “BEST BUY” in the SC Magazine SIEM Group Test. Additional awards have included Computing Security’s Bench Tested Solution of the Year, SC Labs’ “Recommended” 5-star designation twice, SC Magazine’s Innovator of the Year Award, Readers Trust Award for “Best SIEM” solution and “BEST BUY” designation for Digital Forensics. LogRhythm is headquartered in Boulder, Colorado with operations in Canada, Europe and the Asia Pacific region. For more information, visit www.logrhythm.com.