How to calculate the cost savings in a SIEM implementation

Cybersecurity is often perceived as expensive, but this perception can change if we analyze the benefits of a SIEM implementation. During the session we will discuss: • The reasons to measure cost savings for a SIEM deployment. • Ways to quantify the benefits of a SIEM solution. • Three perspectives of cost savings: compliance reporting, operational efficiency, and breach impact mitigation. • How to calculate cost savings for a SIEM deployment using an example.