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You may be asking, “Isn’t this Security Information and Event Management (SIEM)?” It’s not. Well, not entirely. ELM and SIEM are interrelated. SIEM is more concerned with the larger view of your overall security landscape, whereas ELM is focused on a specific element of security: “What is happening where?” SIEM correlates data across varying data sources and environments—a more holistic view. Therefore, ELM is a subset and critical component of a SIEM program. Not all companies require a SIEM program. However, most companies would benefit from an ELM solution.
Corporate policies are put forth, as are the related controls, in an effort to deter or prevent undesirable activities. Translating the corporate policies into the solution and configuring the relationship between the policy, the controls, and the data feeds from systems and applications that need to be monitored are foundational steps to build an ELM. A measure of the quality of an ELM technology is how easy it is to interface with your critical systems. “How many different components does it understand?” so to speak. “How much technical expertise is required in order to make it deliver value?”
Use cases and setup
Privileged access monitoring is a classic example in which an ELM gathers logs from various systems and creates a direct workflow to the operations staff, enabling them to take an action against items considered inappropriate.
For example, a domain admin logged in after an allowed change window and failed to authenticate several times in a row—an example of a potential brute force attack.The system must correlate those events and initiate the appropriate workflow, whatever that may be. The processes established around the solution are just as important. The log management solution is only as good as the processes and teams that support it. Typically, this requires an engineering staff and an operations staff. The engineers build and configure the ELM so the right alerts are coming through. The operations staff is then able to take the alerts and, ideally, do the “right thing.” Of course, the less mature your existing processes and workflows, the more iterations will be required. The events you consider “taggable,” the events you are interested in, must tie back to corporate policy.
Spotlight

The CSO perspective on healthcare security and compliance
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Cyber espionage campaign uses professionally-made malware
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Ransomware adds password stealing to its arsenal
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IT security jobs: What's in demand and how to meet it
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Hacking charge stations for electric cars
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