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An Investment Firm Built Its Own SIEM. Here’s How.

SIEM solutions can be expensive and difficult to manage, so one company built its own – and is pleased with the results.

At last week’s Black Hat USA, NYC-based financial technology firm Two Sigma Investments took the virtual stage to outline why their existing solution didn’t cut it, the work needed to create an in-house security information and event management (SIEM) system, and the project’s implications. Presenting their experience on behalf of Two Sigma was Ethan Christ (VP of Security Identity, Monitoring, and Response) and Bret Rubin (Security Engineer).

The benefits are clear, but the reality is that this is not a universal solution. With the future of your network security in mind, this article looks at how Two Sigma did it.