Windstream Enterprise, a managed services and data network communications provider, has added a security information and event management (SIEM) service to its portfolio.
Windstream's SIEM service tracks and responds to cyber threats in business networks, according to the company. It also provides log retention for monitored devices and can be used in conjunction with Windstream's Managed Network Security offering.
The SIEM service helps Windstream protect organizations against advanced cyber threats and ensure organizations can comply with data security mandates. Furthermore, the service complements Windstream's security and compliance portfolio, which includes:
- Distributed Denial-of-Service (DDoS) Mitigation: Monitors, detects and protects against DDoS attacks.
- Firewall: Offers unified threat management, including threat protection, intrusion prevention, antivirus protection and web content filtering capabilities.
- PCI Compliance: Tracks PCI compliance status and ensures an organization meets training, reporting, scanning and audit requirements.
Windstream: Ongoing Business Evolution
The SIEM service arrives amid Windstream's effort to evolve its business.
The company acquired a range of assets in 2017, nearly choked on debt, eliminated its dividend and suffered layoffs in late 2017. More recently, EarthLink sold its consumer Internet business to Trive Capital and also exited certain fibre assets.
The company is expected to share a progress report during a February 21, 2019 earnings call.
Windstream has aggressively pitched the SD-WAN market as a key opportunity for growth. The SIEM market also offers key opportunities -- though competition is intense.
AlienVault Survey Report: SIEM 'Very Important' to Most Cybersecurity Pros
Global SIEM market revenues are projected to reach nearly $6.8 billion by 2023, according to industry analyst Research and Markets. The increasing need for organizations to adopt security systems, tools and techniques to monitor cyber threats and generate threat intelligence are among the factors expected to drive this market's growth.
SIEM technologies simultaneously identify cyber threats and reduce security breaches, and as such, are becoming exceedingly important to cybersecurity professionals worldwide. In fact, 76 percent of cybersecurity professionals ranked SIEM technologies as "very important to extremely important," according to AlienVault's "2019 SIEM Survey Report."
Cybersecurity professionals most commonly use SIEM technologies to monitor, correlate and analyze activity across multiple systems and applications and discover external and internal threats, AlienVault's SIEM survey report showed. In addition, the report revealed 40 percent of cybersecurity professionals expect their SIEM technology budgets to increase over the next 12 months by an average of 20 percent.
Additional reporting, focused on Windstream's business challenges, by Joe Panettieri.