Security Market Segment LS
Wednesday, 07 September 2016 20:27

VIDEO Interview: LogRhythm talks next-gen security, fighting ransomware and more

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At the recent Gartner Security and Risk Management Summit, I caught up with the company’s CMO, Mike Regan, to talk about LogRhythm’s latest security solutions.

LogRhythm. The company proudly boasts that its "security intelligence and analytics platform enables organisations to detect, prioritise and neutralise cyber threats that penetrate the perimeter or originate from within".

The company is also listed as a 2016 Leader in Gartner’s SIEM Magic Quadrant, with LogRhythm naturally billing its SIEM (security information and event management) software as being "next-generation", which is unified with "log management, network and endpoint monitoring, and advanced security analytics’ capabilities".

LogRhythm says that "most organisations are blind to a growing number of advanced threats crossing their network today".

The company points to ransomware, which first appeared "in the late 1980s", having evolved "to become a multi-million dollar business".

We’re told that victims are faced with either paying large sums of money or losing access to crucial data files.

And ransomware authors are clear opportunists, shifting their attention "from targeting individuals to businesses and large organisations".

You can surely guess the reason why – "larger victims have more to lose, and larger resources with which to pay demands", ensuring that if ransomware wasn’t already one of the top security concerns for many organisations today, it surely is now.

After all, you don’t have to be a senior managers to understand the potential disruption ransomware can cause to daily activity and the potentially large financial cost usually will face to overcome it.

So, during the video interview below, Regan discussed the dangers and issues of ransomware in 2016, and what companies are doing to defend against these attacks, as well as "the difficulty in detecting beaconing software and how to harness SIEM for cyberthreat intelligence".

After the video, immediately embedded after this sentence, you’ll find a summary of the questions asked – so please watch and enjoy!

In the interview, I introduced Reganand welcomed him. We then spoke about LogRhythm’s in 2016, and his history in the world of tech.

We then discussed the presentation that LogRhythm gave at Gartner’s Security and Risk Management summit, and the top messages Regan wanted to resonate with the audience.

After that, we talked about SIEM or security information and event management in more detail, and LogRhythm’s position as a leader in Gartner’s Magic Quadrant in this area once again.

We spoke about how the range of threats that LogRhythm protects its customers from, the future of the industry, great advice Regan had received in life and his final video interview message to readers, viewers and his current and future customers.

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Alex Zaharov-Reutt

Alex Zaharov-Reutt is iTWire's Technology Editor is one of Australia’s best-known technology journalists and consumer tech experts, Alex has appeared in his capacity as technology expert on all of Australia’s free-to-air and pay TV networks on all the major news and current affairs programs, on commercial and public radio, and technology, lifestyle and reality TV shows. Visit Alex at Twitter here.

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