Enterprises which use LogRhytm’s SIEM attain a 258% return on investment (ROI) over a three-year period, with customers experiencing over GBP £2.1m ($3m) in benefits, according to a total economic impact (TEI) study by Forrester Consulting.
The huge savings stemmed from LogRhythm SIEM’s ability to reduce security alerts and false positives incidents by up to 90%.
“Security teams face an increasing pressure to protect their organisations from evolving security risks and need solutions that effectively help mitigate threats before they become problems,” said Mark Logan, president and CEO of LogRhythm.
“Our goal at LogRhythm is to alleviate this pressure to allow more time for teams to focus on incidents that need human attention and reduce the risk of a breach. The Forrester study shows that our platform not only prepares organisations for whatever threats may come, but also enables them to prove the value and effectiveness of their security program,” he added.
Additional benefits of using LogRhytm’s NextGen SIEM platform reported by companies in the study include reduced chances of suffering from a security breach, the ability to investigate and resolve incidents faster and prioritise investigation among true positives.
In Forrester’s TEI study, an IS security director at a healthcare company said: “Our chance of being compromised has been reduced, and we are more confident that if a malicious attacker did get in, we would detect the activity.”
