LogRhythm receives SIEM - Computer Software accolade at SBR Technology Excellence Awards
The company is on the frontlines defending against many of the world’s most significant cyberattacks and empowers security teams to navigate an ever-changing threat landscape.
LogRhythm, a leading cybersecurity company, has been recognised with the SIEM – Computer Software accolade at the 2023 SBR Technology Excellence Awards. This marks the 5th consecutive year the company has been given this award.
Hosted by Singapore Business Review, the annual awards programme highlights technological innovations, recognising exceptional companies in Singapore that are riding the digital disruption wave and leading the technological revolution and digital journeys of their respective industries.
The award is given to the LogRhythm SIEM, a comprehensive platform that creates an easy-to-follow security narrative that consolidates user or host data and activity into one view, helping analysts quickly understand and remediate security incidents. By streamlining incident investigation and response with a visual analyst experience that tells a security story about a user or host using all available data within the SIEM, security teams can prioritise and focus on the things that matter most.
This year, LogRhythm's collaboration with Sandfield, a leading provider of software applications for operational businesses, has significantly contributed to its recognition at this award.
Sandfield has increasingly been taking on larger and more complex client projects, which required an expansion of the company’s cloud operations and an increase in processing and storage capacities. This growth also led to the need for increased IT security measures to ensure client applications and data were fully protected from external threats. By benchmarking its own protocols against ISO 27001, they also realised that they need better insight into their security measures.
To meet their needs, they engaged with Advantage, a New Zealand-managed services provider. Advantage then deployed the LogRhythm SIEM, which quickly captured and automated the monitoring of log data across a range of core systems used by Sandfield. The SIEM platform helped Sandfield spot potential threats amidst large volumes of log data that they were unable to achieve manually.
For example, in a given month, the LogRhythm SIEM ingested over 191 million logs, of which 3.5 million were forwarded to a second stage for close analysis by artificial intelligence tools, leading to 67 alarm triggers. At the end of the funnel, only 37 alerts needed manual investigation.
With the increased visibility from using LogRhythm, the team was also able to identify a misconfiguration that could have led to issues if not rectified in a timely manner.
According to Sandfield, the biggest benefit of having LogRhythm's SIEM platform fully functional has been peace of mind. “[With LogRhythm,] we are now much more comfortable that we have the level of visibility we require to ensure our systems and resources are always secure. We can be confident that any misconfigurations, breaches, or unauthorised access of our systems will be quickly picked up,” Justin Knight, Head of IT Operations at Sandfield said.
Like all other LogRhythm customers, Sandfield also benefits from the company’s drive to make and keep bold promises to their customers. Every quarter, LogRhythm delivers new product innovations that are based on customer feedback. Since June 2022, the entire LogRhythm product portfolio has been constantly improving to help security teams meet rising security expectations.
Sandfield can now focus on delivering its software and website development, application delivery, database administration, mobile app development, integration services, and other services to its customers worldwide, knowing that its IT systems are being monitored and protected by a top-of-the-line cybersecurity platform.
The SBR Technology Excellence Awards is presented by Singapore Business Review Magazine. To view the full list of winners, click here. If you want to join the 2024 awards programme and be acclaimed for your company's outstanding contributions in pursuit of technological innovation, please contact Jane Patiag at [email protected].