Safeguarding your future: budget planning for cybersecurity resilience

With remote and hybrid working environments as the norm, organizations need to embrace a modern security paradigm across cross-functional teams. While the primary goal is to deliver confidence, visibility, and robust protection to safeguard their future, balancing the digital transformation journey with budgets can be particularly challenging.

Going into budget planning season, these are the challenges to keep top of mind. You can even allocate a line item as you defend your budget and your systems.

Challenges in securing digital assets

Complex threat landscape

The move to the cloud has introduced complexities in protecting digital assets and managing digital risk, which extends beyond traditional IT risks. In the cloud, microservices are not a luxury; they are a necessity.

Microservice architecture is instrumental in unlocking the agility and flexibility that cloud economics can provide. However, there is a caveat: with so many disparate microservices, there are innumerable entry points for bad actors, which gives them more places to hide. This makes monitoring the services in your cloud environment a significant challenge. To further complicate the matter, cybercriminals are employing cutting-edge technologies, such as AI, to launch attacks on an astronomical scale.

Key indicators in data breaches, such as dwell time, which used to be months, have now plummeted to under a week. Criminal operations that used to be a highly intricate heist have been pared down to something more akin to a smash-and-grab.

Organizations need practical and efficient security solutions that seamlessly integrate and provide real-time actionable insights while leveraging AI and automation to enhance security operations and address these growing concerns.

Policy and compliance requirements

CISOs are responsible for developing and implementing security policies, conducting risk assessments, mitigating identified risks, and ensuring compliance with standards like the NIST Cybersecurity Framework for their organizations. This role also oversees incident response, manages the security budget, and promotes a culture of security awareness within the organization.

Meeting regulatory compliance and industry standards is critical to the security strategy. You need solutions that streamline compliance processes, automate reporting, and ensure all necessary regulations are met without overburdening the team.

Proactive preventative measures

Proactive measures help prevent security breaches and mitigate potential risks before they escalate. These include regular vulnerability assessments, continuous monitoring, and automated responses to identified threats. The current challenge lies in effectively integrating these preventative measures into the security framework and ensuring they operate efficiently without overwhelming resources.

Log data management

Structured and unstructured logs are crucial for observability and security. Data comes from various sources, such as applications, cloud infrastructures, containers, load balancers, networks, and servers. These logs are vital for understanding system operations and detecting threats.

However, the volume and variety of this data can be overwhelming, leading to challenges in effectively ingesting, managing, and analyzing both structured and unstructured log data. This results in fragmented data silos and inefficient collaboration with partners across DevOps teams.

Alert fatigue

SOC teams are constantly bombarded with a large volume of security alerts, many of which are false positives or low-priority events. Alert fatigue leads to resource drain, analyst burnout, and increased risk of missing genuine threats. Your solution must intelligently prioritize alerts, letting your team focus on the most critical issues.

Incident investigation

There is a significant gap between detecting security incidents and investigating their root causes. Understanding the underlying issues and vulnerabilities is often complex and time-consuming. Robust tools that detect threats and provide comprehensive analysis for swift and thorough responses are required.

Cost reduction

Even when times aren’t tough, organizations are always looking to optimize expenditures, and unfortunately, security is almost universally viewed as a cost center. When budgets are being slashed to cope with strong macroeconomic headwinds, security teams are heavily scrutinized and constantly asked to do more with less.

Controlling the sprawl of point solutions is one aspect of streamlining both budget and security operations, but is easier said than done. To effectively reduce over expenditures on ancillary tools, organizations need not only multifaceted security tools but also category leaders and best-of-breed solutions that can consolidate tools and facilitate communication across teams.

Discover how Sumo Logic has given customers a 376% ROI according to IDC research.

The unified platform for diverse challenges

The Sumo Logic Log Analytics Platform rapidly ingests and analyzes diverse log data, both structured and unstructured. Get a single source of truth that integrates seamlessly with existing systems and supports effective collaboration among Dev, Sec, and Ops teams.

Actionable insights and reduced alert fatigue: Sumo Logic Cloud SIEM and Logs for Security address challenges around alert fatigue and enable security analysts to prioritize and respond effectively to the most critical threats. Integrated threat intelligence instantly enriches alerts and risk scoring helps security teams proactively prioritize and address security flaws. AI-driven alerting accurately responds to seasonality and other factors, detecting anomalies bespoke to your environment, reducing up to 90% of alerts and allowing your teams to focus without crippling alert fatigue.

Speed and accuracy in incident investigation: Quickly and accurately investigate to uncover root causes and enable effective responses, regardless of your specific role in the incident response process. A host of patented features, such as Log Search, are part of the Sumo Logic Platform, allowing security teams to expedite root cause analysis during security incidents or threat investigation activities.

Proactive preventative measures: Sumo Logic supports proactive security measures such as regular vulnerability assessments, continuous monitoring, and automated responses. The data stored in our security data lake has a retention period that exceeds all compliance requirements and is readily available without the need for rehydration or performance tradeoffs. The Sumo Logic app catalog features hundreds of integrations, allowing you to connect seamlessly to your existing technology stack.

Detailed, real-time analytics and clear visualizations enhance reporting capabilities while comprehensive log management and analytics help keep your organization audit ready. Ensure compliance with industry standards and regulations with Sumo Logic dashboards and reporting capabilities. Learn how OpenPayD sped up its compliance processes and accelerated audit cycles.

Safeguard your budget and stay resilient

Safeguarding your organization's future demands more than just a reactive approach to security—it requires a proactive, integrated strategy that adapts to emerging threats and technological advancements. The challenges of securing digital assets, managing compliance, and overcoming resource constraints are significant. However, with Sumo Logic's comprehensive suite of solutions, you can confidently navigate these complexities.

Our vision extends beyond simply keeping pace with industry standards; we aim to redefine them. Whether through our proactive security measures, seamless compliance processes, or innovative log analytics, we are dedicated to equipping your organization with the tools it needs to stay ahead of emerging threats. As you continue your digital transformation journey, we stand ready to partner with you, ensuring that your security infrastructure supports your goals and fuels business outcomes.

Learn more about evaluating your current cybersecurity solutions.