Log Management

The ability by organizations to collect mountains of data offers a dream scenario for hackers, but if managed properly, large volumes of information also can present IT staff with unique and valuable insight into an organization's security posture.

IBM on Tuesday announced it is buying privately held Q1 Labs, a Waltham, Mass.-based vendor of security event and log management software. The company will be integrated into the newly formed IBM Security Systems division, expected to be led by Q1 Labs CEO Brendan Hannigan. Q1 Labs provides analytics and correlation technology that, it says, can help prevent breaches, such as an employee accessing unauthorized information. Financial terms of the deal, the second SIEM-related acquisition announced Tuesday, were not disclosed.

UCLA Health System must pay $865,500 as part of a settlement with the U.S. Department of Health and Human Services (HHS) over complaints that employees snooped on the health records of two celebrities.

Security information and event management (SIEM) tools have frustrated many - yet they are here to stay, reports Beth Schultz.

We are only at the beginning of evolution in terms of the meaningful intelligence that can be derived from log and event data, says LogRhythm's Eric Knight.