McAfee has launched Enterprise Security Manager (ESM) Cloud, a cloud-based security information and event management (SIEM) solution.
ESM Cloud provides security telemetry, automatic security updates and continuous system health monitoring, according to McAfee. It offers a variety of security capabilities, including:
With ESM Cloud, organizations can quickly identify, investigate and resolve cyber threats, McAfee stated. They also can use ESM Cloud to maintain visibility across their systems, networks, databases and applications, leverage threat intelligence and comply with data security mandates.
Is the Demand for SIEM Solutions Increasing?
Along with McAfee, other cybersecurity companies recently have expanded their SIEM portfolios, including:
Global SIEM market revenues are projected to increase at a 5.5 percent compound annual growth rate between 2020 and 2025, industry analyst MarketsandMarkets stated. These revenues also could total nearly $5.5 billion by 2025.