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IBM Watson for Cyber Security vs LogRhythm SIEM comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Sep 18, 2024
 

Categories and Ranking

IBM Watson for Cyber Security
Ranking in Security Information and Event Management (SIEM)
51st
Average Rating
8.0
Number of Reviews
4
Ranking in other categories
No ranking in other categories
LogRhythm SIEM
Ranking in Security Information and Event Management (SIEM)
6th
Average Rating
8.4
Reviews Sentiment
6.5
Number of Reviews
172
Ranking in other categories
Log Management (10th)
 

Mindshare comparison

As of November 2024, in the Security Information and Event Management (SIEM) category, the mindshare of IBM Watson for Cyber Security is 0.2%, down from 0.3% compared to the previous year. The mindshare of LogRhythm SIEM is 3.3%, down from 4.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Security Information and Event Management (SIEM)
 

Featured Reviews

Elena Stefanovska - PeerSpot reviewer
Jul 8, 2022
Knowledgeable support, reliable, and useful compliance policies
IBM Watson for Cyber Security can be deployed on-premise or in the cloud and it is used as a SIEM solution The most valuable features of IBM Watson for Cyber Security are ease of use and out-of-the-box reports and compliance policies. Additionally, if there are aspects that are missing IBM add…
Joseph W. - PeerSpot reviewer
Oct 18, 2022
Has pre-built pieces for third party vendors and does not take a long time to implement
One of the main features that I like about LogRhythm SIEM is that there are a lot of pre-built pieces. Like with our AV, we didn't have to tell it how to read the logs; they already had it pre-made. So, we essentially just had to follow their guide to get the logs imported in and set up some rules for it. We've only had to manually create the parsing rules for a few of our vendors so that we could interpret the logs correctly. Most of them had already been pre-created for us. We use the Event Log Filtering feature a lot. We use it for simple troubleshooting tasks like when a user is logged out, to more important tasks like trying to investigate a threat. As far as its effect on productivity, we can go and search instead of trying to troubleshoot and guess what is causing an error. We can identify what the program is or where the hiccup is. LogRhythm helped us to identify a lot of blind spots. Originally, we didn't have a SIEM tool. We had auditors say that this is something that we should be doing. My management team asked me to go and find a product, and I researched a bunch of them and found LogRhythm. It really opened our eyes to see how much traffic we have, whether it's other IP addresses that are scanning us or external users trying to hit certain ports that could then get closed. It helped us tighten down some of those firewall rules that may have been left open unintentionally through other changes. It helped us a lot early on to identify who was trying to communicate with us or, essentially, who was trying to attack us. As far as our overall security posture, our SIEM tool was the initial push that really got us going into identifying where all of our threats were. We expanded over the seven years that we've had it, and I implemented at least eight other products that are all security related because the SIEM tool indicated the need to identify other risks. It really helped us as an organization to identify risks and move forward to a more secure environment.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The customer support is very good."
"The most valuable features of IBM Watson for Cyber Security are ease of use and out-of-the-box reports and compliance policies. Additionally, if there are aspects that are missing IBM add them in the next release."
"The most valuable feature of this product is innovation, where the research and upgrading of technology never ends."
"IBM Watson for Cyber Security is very stable."
"The major feature of this solution is its easy configuration which helps different team members to work on it effectively. This kind of feature is not available in other solutions because of a request for specialised schemes for configuration report extraction and searching. Another feature that I really admire is the significant improvement in the compliance in the auditing process by the solution. Our organisation-specific complaints require where the mailbox data needs to be forwarded, stored and searchable for a certain time period. This solution categorises data based on different types, which include cold, warm and hot data. These features allow faster and easier extraction of any data even if the event was occurring several years ago. I also like other features, especially user behaviour analysis and automation. If suddenly someone accesses your side or an unusual traffic is recorded from a user the solution flags it very effectively."
"The AI Engine can take an event and correlate it into something else giving us meaningful context regarding what is going on. We integrated it in with our ticketing system, so if an alarm fires, it raises a ticket in our system."
"I like LogRhythm's ease of use. The solution has improved compared to previous versions. It had many issues before, like integration, the console, creating reports, false positives, etc. The AI engine has made it stronger in the latest version."
"It has centralized monitoring for our security operations. Therefore, it improves our analysts' work."
"We should be able to response to threats and gain visibility into our environment that we don't currently have."
"Even other products we have that feed into it, instead of having to watch all of them we only have to watch one. For example, we have CrowdStrike, so instead of having to pay attention that solution - because their dashboard doesn't really pop when an alarm comes up - we can see issues with the red on the LogRhythm alarm. That is very nice."
"The most valuable features of the solution are network monitoring, user behavior analytics, and log collection."
"The correlation engine is extremely valuable because it uses machine learning to process information from the central manager and identifies issues in the network."
 

Cons

"This is an expensive product, so making it more cost-effective would be an improvement."
"They need to continue to build the AI capabilities."
"In the future, I would like to see threat intelligence included."
"The dashboard could improve in IBM Watson for Cyber Security."
"Sometimes the Platform Manager crashes because it's built around Windows."
"I would like to see support added for Exchange 2016, and CheckPoint OPSec Lea."
"It should have some more message monitoring features. It can also have some free message monitoring tools."
"Move it to Linux. I would like to see it get off the SQL Server."
"The pricing is the only problem."
"The console installation is an area with a shortcoming in the solution that needs improvement. If LogRhythm SIEM can offer a web console, it would be great."
"LogRhythm's SOAR and NDR features don't stack up well against competitors. maybe integrating theme functionality as the other do. But in general, it's okay."
"The initial setup is not so easy because it is quite a process."
 

Pricing and Cost Advice

"IBM Watson for Cyber Security is very simple to license and is priced well."
"The price of this solution should be lower, although I understand why IBM charges a premium price."
"We work with French-speaking African countries, and it costs more than the average SIEM solution. Also, the pricing isn't too flexible. AlienVault, Splunk, and IBM QRadar are more suitable for customers on a tight budget."
"When it comes time to renew, they say, "This is what you are using. This is what we can do for you." So, they work with you on pricing."
"The solution has provided us with consistency and increased staff productivity through orchestrated automated work flows by at least 20 percent."
"It costs a great amount, but its pricing is competitive with some of the other vendors. For licensing and support, we pay about 20,000. There are no additional costs or anything like that."
"LogRhythm's pricing and licensing is extremely competitive and it's one of the top three reasons we continue to invest in the platform."
"If you don't have your staff, absolutely look into the co-pilot and factor that into your cost evaluation."
"NextGen SIEM's pricing is moderate."
"I have seen a measurable decrease in the mean time to detect and respond to threats. We went from not detecting them to detecting them. We can actually pick up what is anomalous in our network now."
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Top Industries

By visitors reading reviews
Computer Software Company
19%
Financial Services Firm
19%
Manufacturing Company
15%
Educational Organization
6%
Educational Organization
43%
Computer Software Company
9%
Government
6%
Financial Services Firm
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Ask a question
Earn 20 points
What is the difference between log management and SIEM?
Rony, Daniel's answer is right on the money. There are many solutions for each in the market, a lot depends upon your ability to manage such tools and your budget. A small operation may be best s...
What do you like most about LogRhythm NextGen SIEM?
LogRhythm does a very good job of helping SOCs manage their workflows.
What is your experience regarding pricing and costs for LogRhythm NextGen SIEM?
LogRhythm's pricing and licensing are extremely competitive and it's one of the top three reasons we continue to invest in the platform.
 

Also Known As

No data available
LogRhythm NextGen SIEM, LogRhythm, LogRhythm Threat Lifecycle Management, LogRhythm TLM
 

Learn More

 

Overview

 

Sample Customers

Information Not Available
Macy's, NASA, Fujitsu, US Air Force, EY, Abbott, HD Supply, SAB Miller, UCLA, Raytheon, Amtrak, Cargill
Find out what your peers are saying about IBM Watson for Cyber Security vs. LogRhythm SIEM and other solutions. Updated: October 2024.
814,649 professionals have used our research since 2012.