Exabeam: Promoting Smarter SIEM for Security Analysts across the Globe

Exabeam

Emerging technologies consistently impact how we live and work, and they inform the designs and tactics for how we incorporate them into security operations. The security industry is being transformed by artificial intelligence, robotics, quantum computing, IoT, augmented reality, materials science, 3-D printing and data analytics. As a result, the need and demand for security applications have greatly increased in the technology industry. Additionally, large and small organizations continue to fall victim to cyber attackers, resulting in data breaches and sometimes, hefty financial losses. The attackers’ game of cat-and-mouse continues, as they develop new techniques and defenders prioritize securing information.

Usually, an intrusion is discovered by a significant change, such as a rapid increase in network traffic, the location or time of suspicious system login, or the unusual export of sensitive information. Security approaches like machine learning can make anomalous and suspicious user and device behavior quick and easy to find. Its algorithms can describe normal behavior in a network environment and alert security teams whenever the suspicious activity occurs. Using the above advantage, San Mateo, California-based Exabeam bestows security intelligence and management solutions to help organizations of any size protect their most valuable data.

Diminish Security Team Effort

Exabeam is the Smarter SIEM™ company. Security Information and Event Management (SIEM) solutions help enterprises identify, investigate and respond to cyber-attacks more efficiently so security procedures and internal threat teams can be sharper. Compared to legacy SIEMs, customers choose Exabeam for its superior threat identification and response capabilities. Moreover, Exabeam’s SIEM has a predictable pricing model which permits organizations to store all of their logs, which is in contrast with the dated and expensive “by-the-byte” pricing model.

The archaic pricing model forces financially conscious consumers to limit the amount of data covered by the SIEM, resulting in blind spots that sacrifice the security of the entire organization. With the help of Exabeam, security teams do not have to live with unnecessary logging charges, missed strewn attacks and unknown threats, or manual investigations and remedies. Furthermore, using the Exabeam Security Management Platform (SMP), experts can collect limitless log data, use behavioral analytics to detect attacks and automate incident response, both on-site and in the cloud. Additionally, Exabeam Smart Timelines utilize consumer and device behavior sequences formed by machine learning to lessen the time needed to perceive tactics, techniques and procedures of attackers.

CEO’s Focus on Research and Development to Generate Smart Platform for Security

Nir Polak, the Co-founder and CEO, started Exabeam to provide security services across industries. Polak was previously the VP, Corporate Strategy at Imperva, where he established the corporate product strategy and administered the worldwide services organization. Nir has 13 years of experience in information security including experience in setting company strategy, driving execution, building new products and bringing them to market. He also held engineering positions at Adjungo Networks (acquired by Flash Networks) and Shopping.com (acquired by eBay).

At Exabeam, Nir has adopted a ‘no ego’ leadership style. He believes in a culture that encourages people to care about the company and its clients. Nir, along with his experienced executive leaders, upholds strong connections with channel partners and fosters a channel-friendly sales team. Plus, Exabeam recently acquired $50 million in Series D funding and is utilizing those funds on research and development, which is 20 percent more than competing organizations like Splunk, FireEye or Palo Alto Networks were investing at the same stage.

Exabeam’s Security Management Platform (SMP) Platform for Customers

The Exabeam Security Management Platform (SMP) uniquely merges a data lake for infinite data collection at an anticipated price, machine learning for advanced analytics and automated incident response into an integrated set of products. The platform is built on the open source big data technology that includes ElasticSearch and Hadoop. Plus, it affords unlimited secure collection, indexing and searching of data, without volume-based pricing. Advanced machine learning capabilities provide rapid insights into all events, including attacks and vulnerabilities so subtle and precise that humans simply cannot see them. The comprehensive platform contains many other customizable features spanning incident response and threat hunting, giving companies the freedom to scale and select only the security management solutions that fit their business needs.

While Exabeam has customers of all sizes, the company primarily sells to large enterprises across a range of vertical industries including government, financial services, education and technology. Importantly, the platform is used by leading companies like NTT DATA to manage, monitor and safeguard their data across Japan, APAC, North America and Europe.  

Future Strategies at Exabeam

Having recently launched the Exabeam SaaS Cloud, Exabeam will focus and increase investment on the cloud area of their business as well as using cutting-edge technology, ranging from multitenancy to elasticity, to DevOps. The company will continue to provide comprehensive, technologically-advanced partnership options for other cybersecurity companies. This will be supported by its new Technology Alliance Partner Program, a tiered program based on type of integration and depth of involvement. Integrations range from ingestion and parsing of log files, to rules and models for analytics and context augmentation, to automation and alerting in third-party products using playbooks.

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