SAN MATEO, Calif., March 22, 2018 (GLOBE NEWSWIRE) -- AlienVault®, the leading provider of Unified Security Management® (USM) and crowdsourced threat intelligence, today announced the findings of a commissioned Total Economic Impact™ (TEI) study conducted by global research firm Forrester Consulting to examine the potential return on investment (ROI) organizations may realize by deploying the AlienVault USM platform. Based on in-depth customer interviews and their own analysis, Forrester determined that a representative composite customer deploying the AlienVault solution could benefit from an 80 percent improvement in threat detection and incident response time, lowering the risk of a security breach, and reducing the average cost of an incident. The study determined that customers deploying USM Anywhere™ would save more than $40,000 annually in threat intelligence expense, and realize a 6x return on investment (ROI) over a three–year period. The full study, “The Total Economic Impact™ of AlienVault® Unified Security Management® (USM), can be found here: http://ow.ly/s0eV30j3WfB.
For the study, Forrester interviewed direct customers and Managed Security Services Providers (MSSPs) with multiple years of experience using the AlienVault USM platform. Forrester then created a composite customer based on the characteristics of the interviewed direct customers, and an associated ROI analysis. As stated in the study, “From the information provided in the interviews, Forrester has constructed a Total Economic Impact™ (TEI) framework for those organizations considering implementing AlienVault USM Anywhere. The objective of the framework is to identify the cost, benefit, flexibility, and risk factors that affect the investment decision.”
“To detect security threats and manage compliance, many organizations and MSSPs are using traditional point solutions, but this approach is expensive and resource intensive,” said Barmak Meftah, AlienVault’s president and CEO. “We commissioned this study from Forrester to help organizations and partners better understand why it’s time to re-think how they approach security. The results of the study are clear – there are significant benefits to our differentiated approach – a SaaS-driven deployment model that integrates critical security capabilities into a unified platform enabling faster detection and response to threats. In addition to operational efficiency gains, organizations can reduce risk while ensuring compliance mandates are met to help drive business growth.”
A key issue for customers interviewed was having enough time to complete audits and meet compliance standards. Forrester determined that a representative composite organization with 1,000 monitoring assets across two locations, and a cloud-based environment would save nearly 6,000 hours per year in the effort required to satisfy audit requirements, making the compliance process significantly faster and easier. The study also showed a gain of 80 percent in security operations productivity for monitoring and investigation activities, with 50 percent of that time savings being reallocated to other valuable activities.
“Now any one of us with access to AlienVault USM Anywhere can quickly retrieve the information the auditor is asking for. It doesn't take a specialized resource to do that,” said a CEO of a financial services company interviewed.
AlienVault offers security monitoring in the cloud through USM Anywhere. The SaaS platform accelerates and centralizes threat detection, incident response, and compliance management for cloud, on-premises, and hybrid environments. Unlike any other security solution on the market today, USM Anywhere combines multiple essential security capabilities in one unified platform as well as continuous threat intelligence.
Additional Resources
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About AlienVault
AlienVault® has simplified the way organizations detect and respond to today’s ever evolving threat landscape. Our unique and award-winning approach, trusted by thousands of customers, combines the essential security controls of our all-in-one platform, AlienVault Unified Security Management®, with the power of AlienVault’s Open Threat Exchange®, the world’s largest crowd-sourced threat intelligence community, making effective and affordable threat detection attainable for resource-constrained IT teams. AlienVault is a privately held company headquartered in Silicon Valley and backed by Trident Capital, Kleiner Perkins Caufield & Byers, Institutional Venture Partners, GGV Capital, Intel Capital, Jackson Square Ventures, Adara Venture Partners, Top Tier Capital, and Correlation Ventures.
AlienVault, AlienApp, AlienApps, USM Appliance, USM Anywhere, USM Central, Open Threat Exchange, OTX, AlienVault OSSIM, Unified Security Management, and USM are trademarks of AlienVault and/or its affiliates. Other names may be trademarks of their respective owners.
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Susan Torrey
AlienVault
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