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.—February 26, 2013—LogRhythm, the largest and fastest growing independent Security Information and Event Management (SIEM) provider in the world, today announced the results of its 2nd 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.

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 LogRhythm@schwartzmsl.com.

About LogRhythm

LogRhythm is a world leader in NextGen SIEM, empowering organizations on six continents to successfully reduce risk by rapidly detecting, responding to and neutralizing damaging cyberthreats. The LogRhythm platform combines user and entity behavior analytics (UEBA), network traffic and behavior analytics (NTBA) and security automation & orchestration (SAO) in a single end-to-end solution. LogRhythm’s Threat Lifecycle Management (TLM) workflow serves as the foundation for the AI-enabled Security Operations Center (SOC), helping customers measurably secure their cloud, physical and virtual infrastructures for both IT and OT environments. Built for security professionals by security professionals, the LogRhythm platform has won many accolades, including being positioned as a Leader in Gartner’s SIEM Magic Quadrant.