As businesses become increasingly digitized, the amount of data being stored and transmitted electronically also increases. This makes businesses a prime target for cyber attacks, as hackers can gain access to large amounts of sensitive data in a short amount of time. To protect their data, businesses need to implement a security information and event management (SIEM) tool.
The SIEM system is the key to any company's cybersecurity strategy. It assesses both known and unknown threats, helping you manage risks before they become disasters.
It collects and analyzes security-related data from various sources, such as firewalls, endpoints, and servers, in order to identify suspicious activity. so when something does go wrong it can be dealt with quickly.
In this blog post, we will discuss below the best 7 SIEM tools for business data security in 2022 together with the features and pricing plans of each software.
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ManageEngine Log360

Log360 is an all-in-one security information and event management (SIEM) solution that offers comprehensive visibility into your network, systems, and applications.
It provides real-time threat detection, compliance management, and incident response capabilities in a single platform. It collects data from your on-premises and cloud environments, correlates it, and provides actionable insights into potential security threats.
It also features Intelli-SIEM technologies that use artificial intelligence (AI) and machine learning (ML) algorithms to automate repetitive tasks and improve security operations.
With Log360, you can quickly detect, investigate, and respond to threats before they cause significant damage to your business.
Features:

Log360 is a comprehensive SIEM tool that offers extensive features for businesses of all sizes. Some of its key features include log management, event correlation, real-time alerts, and security intelligence.
Here are some of the list features offered by ManageEngine Log 360:
- Prebuilt workflows and ticket assignments to make auto-responses for threats
- Ability to analyze data and identify patterns that indicate malicious or unauthorized activity
- Collects logs from various sources including servers, workstations, databases, applications, and network devices to keep track of all their data activity and identify any potential threats
- Event correlation helps to identify related events from multiple sources and correlate them to form a single incident
- Real-time alerts to users whenever it detects an event that matches predefined criteria to stay informed about any security incidents in near-real time
- Allows you to set internal policies for the security of your business data with the use of customizable templates
Pricing:

Log360, from ManageEngine, offers businesses robust data security at an affordable price where the tool provides detailed reports on user activity, system health, and more, so businesses can troubleshoot issues and improve their data security posture.
Contact Log360 and fill up their provided form to get a personalized custom quote that will be based on the size of your business and the features you require.
Data Dog

Data Dog is a monitoring service for cloud-native infrastructure, applications, and databases. It is used by development and operations teams to monitor the performance of their systems.
Data Dog allows users to see the status of their systems in real-time, identify and resolve issues quickly, and prevent outages. It also provides an API that can be used to automate monitoring tasks.
Whether you're running a large web application or a small microservice, DataDog can help you get the insights you need to keep your system running smoothly.
Features:

Data Dog's features include an automated data ingestion process, a customizable dashboard, and the ability to track and analyze specific data sets. Additionally, Data Dog integrates with other popular security tools, such as Splunk and Security Onion. This allows users to create a comprehensive security solution that can address all of their system monitoring needs.
Here are some of the list features offered by Data Dog:
- Analysis of data to identify potential vulnerabilities or breaches
- Intuitive interface that makes it easy to quickly find and investigate incidents
- Customizable dashboards and reports that provide insights into security posture and trends
- Collection of data from a variety of sources, including network devices, endpoints, applications, and databases
- Correlation of data to identify patterns and relationships that could indicate a security threat
- Reporting on events and alerts to help you quickly assess and respond to any potential threats
Pricing:

Data Dog is a popular data security tool that offers both a free and paid version. The free version has some features disabled, while the paid version offers more comprehensive protection. Data Dog also offers discounts for larger organizations and a free trial for paid version so that businesses can try it before they buy.
Free – $0.00 (Try a 14-day free trial)
- Access to 5 hosts
- Access to a collection of data features
- Access to visualization of data features
- Metric retention for 1 day
Pro – $15.00 per host per month (Try a 14-day free trial)
- Allows 500+ integrations from different systems
- Create and access dashboards
- Metric retention for 15 months
- Monitor services, systems, and serverless functions in a single platform
Enterprise – $23.00 per host per month (Try a 14-day free trial)
- Access to advanced features
- Access to administrative controls
- Get alerts from machine learning
Try a free 14-day trial of Data Dog by clicking the link below —
Splunk Enterprise SIEM

The Splunk Enterprise SIEM offers an enterprise-level of data analytics to help you reduce security breaches. It can consolidate log information from multiple sources and identify patterns, trends, or threats in the logs before they cause damage by taking action on them proactively.
With Splunk Enterprise, you can search and correlate data across your entire organization to find security threats faster. This means that when an incident occurs, it will take less time for event managers like yourself to locate the root cause with ease because they are able to see everything in one place rather than being scattered amongst various systems around the company or business network.
Features:

Splunk's security services help to improve operational efficiency and provide a safer environment for everyone. These features include customizable dashboards and asset investigator tools that can identify potential threats before they become major issues in your organization. The company also offers incident review boards where employees who have been involved with incidents are able to assess what happened while learning lessons along the way so future occurrences don't happen again
Here are some of the list features offered by Splunk Enterprise SIEM:
- Track user behavior and identify any malicious or unauthorized activities
- Allows you to automate security tasks to help you streamline business plus automated investigation and create automated proactively security operation team
- The threat intelligence feature helps you stay ahead of the curve by identifying new threats and vulnerabilities before they can cause damage
- Forensics and incident response features will help you investigate and mitigate the damage done
- Maximize data by machine learning and advanced analytics to be alert and prevent outages that can affect end users
Pricing:

Splunk Enterprise is a popular SIEM tool that offers great value for the price. While the list price for Splunk Enterprise may seem high, it is actually very competitive when compared to other SIEM solutions on the market. In addition, Splunk offers several pricing options to make the solution more affordable for smaller businesses.
Splunk Security Solutions – contact Slunk for more detailed pricing
- Monitor and detect complex threats for invading significant data
- Comprehensive investigations of malicious activity
- Get standard support for troubleshooting
Splunk Observability Cloud – $65.00 per host per month
- Access to unified metrics, logs, and traces
- Monitor multi-cloud in real-time
- Get troubleshoot microservices
- Get Splunkbase support
- Allows to explore logs without learning the query language
Splunk Cloud Platform – contact Slunk for more detailed pricing
- Access to unlimited users and scale the unlimited amount of data per day
- Analyze and monitor your reports and alerts on your data with machine learning
- Store data for up to 90 days and get access to self-storage and active archive
- Access to security and IT essential apps
- Get standard and premium support for technical issues or troubleshoots
Splunk Enterprise Platform – contact Slunk for more detailed pricing
- Access all features from the Splunk Cloud Platform
- Control resources and implementations use
- Get standard and premium support for technical issues or troubleshoots
Log Rythm

LogRhythm is a security intelligence platform that unifies next-generation SIEM, log management, network forensics, and host forensics. It also simplifies security analytics and enables rapid revision of suspected threats. The product is designed for use by Security Operations Centers (SOCs), managed security service providers (MSSPs), and enterprises.
The LogRhythm NextGen Security Information and Event Management (NG-SIEM) platform collects and analyzes data in real-time across the enterprise to detect advanced threats, streamline incident response, and achieve compliance.
LogRhythm's patented TrueVector technology collects log data from any device on the network, regardless of format or platform. This provides a comprehensive view of activity across the entire organization so that issues can be identified and remediated quickly.
Features:

LogRhythm is a world-renowned security intelligence and analytics company that provides SIEM, log management, user activity monitoring, network forensics, and security orchestration and automation.
Here are some of the list features offered by Log Rhythm:
- Advanced machine learning for identifying and responding to threats quickly
- User and entity behavior analytics to detect malicious or abnormal behavior
- High-performance analytics and incident response workflow to stay ahead of the threats.
- Detect and prevent cyber threats by SIEM security that provides visibility into all activity across the enterprise
- Continuous monitoring and recording of user activity for compliance purposes including GDPR, PCI DSS, HIPAA, and more
- Allows third-party and cloud integrations plus correlation rules to indicate anomalies or cyber attack
Pricing:

LogRhythm’s pricing is based on the number of devices you want to protect, with discounts for purchasing more devices. Larger organizations can contact LogRhythm for a custom quote. All prices are in US dollars and exclude applicable taxes.
Securonix

Founded in 2008, Securonix is a market leader in security analytics. The company provides an end-to-end solution that helps organizations detect, investigate, and respond to threats in real-time.
It offers a wide range of services, including incident response, forensics, and threat intelligence. In addition, the company has a strong commitment to customer success, with a team of dedicated security experts who are available 24/7 to help customers protect their data.
The platform's machine learning-based analytics engine detects threats with high accuracy, while its flexible rules management system enables organizations to customize their detection models to fit their specific needs.
With its industry-leading platform and comprehensive set of features, Securonix is the best choice for enterprise security.
Features:

Securonix is a comprehensive security information and event management (SIEM) solution that offers a wide range of features to help businesses secure their data. They offer a comprehensive suite of security offerings that includes data discovery, user behavior analytics, incident response, and advanced threat detection.
Here are some of the list features offered by Securonix:
- User behavior analytics to detect malicious or unauthorized activity
- Intelligent incident response to quickly and effectively respond to data breaches
- Advanced analytics to help you detect and investigate sophisticated attacks
- Integrated threat detection to identify and investigate known and unknown threats
- NXLog management to collect and filter data from multiple devices in a unified format
Pricing:

Securonix is a leading provider of Big Data security analytics software. The company's solutions are used by some of the world's largest organizations to detect and respond to advanced threats, insider threats, and fraud. You can request a demo or custom quote from them for more detailed pricing and features needed for your business data security.
RSA NetWitness

RSA NetWitness is a cyber security platform that provides real-time visibility into network traffic and activity to help organizations rapidly detect, investigate and respond to cyber threats.
It Collects data from a variety of sources including user and endpoint devices, network traffic, applications, and security tools. This data is then normalized, enriched, and correlated in real-time to provide comprehensive insight into what is happening across the organization's entire IT environment.
RSA NetWitness also has the ability to automatically pivot from an alert to a full case investigation, enabling organizations to resolve incidents more quickly and prevent future attacks.
Ultimately, RSA NetWitness helps organizations improve their overall security posture by providing visibility into all aspects of their IT environment.
Features:

RSA NetWitness is a network security monitoring platform that provides deep packet inspection, traffic analysis, and forensics for identifying malicious activity on your network. It uses machine learning algorithms to automatically detect and isolate threats in near-real time, making it an effective solution for businesses of all sizes.
Here are some of the list features offered by RSA NetWitness:
- Receive technical support from professionals and experts in managing your technical issues and for the enhancement of RSA NetWitness in your organization
- Machine learning algorithms that can automatically detect and isolate threats in near-real time, allow you to take action quickly to protect your business
- With forensic data available for each event, you can quickly investigate incidents and identify the root cause of attacks
- Threat Intelligence Portal allows you to share information about threats with the wider community, helping you stay ahead of the latest attacks
- Scalable to meet the needs of businesses of all sizes. It can be deployed as a single appliance or as a distributed system across multiple locations
Pricing:

Contact NetWitness and request a demo to see detailed pricing.
Rapid7 InsightIDR

Rapid7 InsightIDR provides continuous monitoring and detection of threats across on-premises, cloud, and hybrid environments.
It offers a single platform that integrates user behavior analytics, active directory monitoring, asset discovery, and vulnerability management. This allows security teams to detect threats early and respond quickly.
in addition, InsightIDR provides comprehensive reporting and analysis capabilities that help security teams identify trends and optimize their security posture over time.
Features:

Rapid7 InsightIDR is a leading SIEM tool that provides businesses with comprehensive data security. It offers a wide range of features that include real-time data analysis, incident response, and threat detection. Rapid7 InsightIDR also offers a robust rules engine that helps businesses customize their security policies.
Here are some of the list features offered by Rapid7 InsightIDR:
- Network traffic analysis data to eliminate blind spots by providing traffic metadata
- A rules engine for customizing detection logic, setting thresholds, and assigning actions
- Endpoint detection and response to locate users doing a malicious activity or cyber attacks plus for capturing critical data and relevant context to give an alert of threats
- Security analytics that leverages user and entity behavior analytics (UEBA) to detect threats early
- A threat landscape dashboard that gives you an overview of the current threats facing your organization
- A wide range of integrations with popular security tools such as threat intelligence platforms, firewalls, and ticketing systems
Pricing:

Rapid7 has a simple and easy-to-use interface that makes it a great choice for businesses who are looking for a SIEM tool. With a 30-day free trial, you can see for yourself how Rapid7 can help your business. They also provide a pricing plan for you to see what you would be paying for if you decide to use their services.
InsightIDR Advanced starting – $5.89 per asset per month
- Analytics from user and attacker behavior
- Detect threat by endpoint detection and incident response
- Case management and automated containment
- Log search and conduct correlation in a centralized platform
Try a 30-day free trial of Rapid7 InsightIDR by clicking the link below —
Bottom-line
The benefits are clear and the risks of not having a SIEM solution in place are too great to ignore. Not only will you be able to detect malicious or unauthorized activity before it causes serious damage, but you’ll also be able to protect your customer data from would-be thieves.
SIEM tools are important for businesses to ensure data security. The best SIEM tools for business data security in 2022 will be those that are able to provide comprehensive protection and analysis of data across all systems. They will need to be easy to use and configure, with a low total cost of ownership.
Frequently Asked Questions (FAQs)
Question 1: What is SIEM? SIEM stands for security information and event management. It’s a comprehensive security platform that collects, analyzes, and responds to security threats in real-time.
Question 2: How do SIEM tools work? SIEM tools work by aggregating data from a variety of data sources including firewalls, intrusion detection/prevention systems (IDS/IPS), endpoints, and servers. The data is then analyzed for threats and potential incidents. If an incident is detected, the SIEM tool will generate an alert and provide instructions on how to address the threat.
Question 3: Are SIEM tools valuable for small businesses? Yes, SIEM tools are valuable for small businesses. Small businesses face the same security threats as larger businesses, but they may not have the resources to address these threats. SIEM tools can help small businesses protect their data and mitigate potential damage from a security breach.