Monte Carlo vs Splunk Enterprise Security comparison

The compared Monte Carlo and Splunk solutions aren't in the same category. Monte Carlo is ranked #1 in DO , with an average rating of 9.0. Splunk is ranked #1 in SIEM , with an average rating of 8.4, and holds a 11.2% mindshare. Additionally, 100% of Monte Carlo users are willing to recommend the solution, compared to 93% of Splunk users who would recommend it.

Monte Carlo

Read 1 Monte Carlo review

131 Views
112 Comparison Views

100% willing to recommend

Splunk Enterprise Security

Read 303 Splunk Enterprise Security reviews

16,171 Views
13,494 Comparison Views

93% willing to recommend

Monte Carlo

Splunk Enterprise Security

Categories and Ranking

Monte Carlo

Average Rating

9.0

Number of Reviews

Ranking in other categories

Data Observability (1st)

Splunk Enterprise Security

Average Rating

8.4

Reviews Sentiment

7.1

Number of Reviews

303

Ranking in other categories

Log Management (1st), Security Information and Event Management (SIEM) (1st), IT Operations Analytics (1st)

Featured Reviews

Prathik Rokhade

Associate Sr. Manager at Financial Insight Technology, Inc.

Provides centralized data observability features and has an easy-to-use user interface.

The product's initial setup is in a daily improvement stage, deploying new plugins for upstream and downstream resources. It takes 25 minutes to complete. The process involves integrating with third-party services for Single Sign-On (SSO). It requires only one executive for maintenance as it has easy-to-use navigation and user interface.

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Avinash Gopu.

Associate VP & Cyber Security Specialist at US Bank

Offers good visibility into multiple environments, significantly reduces our alert volume, and speeds up our security investigations

There are limitations with Splunk not detecting all user activity, especially on mainframes and network devices. This is because Splunk relies on agents, which cannot access certain workstations. In these cases, we have to rely on application data. For example, with mainframes, manual reports are generated and sent to Splunk, limiting visibility to what's manually reported. This lack of automation for specific platforms needs improvement from Splunk. Additionally, API access is limited for other applications that rely on API calls and requests. This requires heavy customization on Splunk's end. These are the main challenges we've encountered. Monitoring multiple cloud platforms, like Azure, GCP, and AWS, with Splunk Enterprise Security presents some challenges. While Splunk provides different connectors for each provider, consolidating data from two domains across distinct cloud environments can be complex. However, leveraging pre-built templates and Splunk's data collation capabilities can help overcome these hurdles. Despite initial difficulties, I believe Splunk can effectively address this task, earning it an eight out of ten rating for its multi-cloud monitoring capabilities. While Splunk Enterprise Security offers insider threat detection capabilities, its effectiveness could be enhanced by integrating with additional tools, such as endpoint security solutions. This integrated approach is particularly crucial for financial institutions, which often require dedicated endpoint security teams. While using multiple tools is valuable, further improvements within Splunk itself are also necessary. Considering both external integration and internal development, I would rate its current insider threat detection capabilities as three out of ten. Threat detection is where Splunk falls behind. While it offers tools, other use cases require additional work. PAM is an enterprise tool that centralizes information about users, servers, and everything else. It needs real-time monitoring, which I haven't seen in any of the companies I've worked for. They only rely on Splunk for alerting, but real-time monitoring should be handled by the endpoint security team's tools. This means there's no detection or analysis at the machine or endpoint level. Additionally, threat analysis reporting is also absent.

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Quotes from Members

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

Pros

"It makes organizing work easier based on its relevance to specific projects and teams."

"It helps streamline troubleshooting and log analysis."

"Splunk would be my choice for the presentation layer because it comes with inbuilt reports and a dashboard that you can customize."

"The tool helps with advanced reports and keeps the system scalable and flexible. It provides a clear picture of the current status of any incidents. As a CISO, I see a lot of potential for future innovation, which is interesting. I've noticed better performance, especially with the reports."

"Splunk helps us be more proactive. We can take predictive action to identify and block threats so that nothing harmful gets into the system."

"It has reduced the time to resolution, time to investigate, and time to troubleshoot for debugging issues."

"The solution's most valuable feature is the incident review, which gives a good overview of our security incidents."

"If you want to understand how it can analyze or find out incidents, the visibility is good."

"My favorite example of improving of organization is saving a $60k/mo in payroll fraud and $10k/mo in wasted API credits by using simple searches and clear reports."

More Splunk Enterprise Security pros

Cons

"For anomaly detection, the product provides only the last three weeks of data, while some competitors can analyze a more extended data history."

"It'd be really nice if Splunk Enterprise Security had a better and solid configuration guide."

"It needs more formatting control without having to be an admin."

"I would like more assistance with use cases and help with teaching us how to use it once it's installed."

"Splunk Enterprise Security can provide more details and help CISOs resolve vulnerability situations better. The reason is that the tools we choose for data analysis and log collection cannot collect all the data and logs. Splunk Enterprise Security should help me with this, but it cannot."

"Writing queries is a bit complicated sometimes."

"I've never had too many issues with the stability. Years ago we had indexes crash but that was more on us. We didn't understand how to properly size Splunk."

"The administration of the cluster and app deployment to indexers or search heads can be done only using ssh access and command line, there is no GUI tools for that."

"The algorithms customization of Splunk could improve. They have limited algorithms for machine learning support. If they can allow the user to add more machine learning algorithms, such as the ability to choose the algorithm that a user might want. Additionally, they should provide the required libraries for those algorithms, and then analyzes the data for use."

More Splunk Enterprise Security cons

Pricing and Cost Advice

"The product has moderate pricing."

"We have seen ROI and improvements as we have continued to use the product, but they are more reactive."

"ROI is estimated at saving my team roughly 10 to 12 man hours per week in troubleshooting for our company as well as what our profits had been from our services of installing, configuring, and supporting other clients with the product."

"Splunk Enterprise Security is an expensive solution."

"We had a yearly subscription."

"The pricing model is based on the number of gigabytes that you ingest into the Splunk system. So it can be an expensive solution."

"It can be tough to determine if you are getting all of the value out of your investment at times."

"This solution is costly. Splunk is obviously a great product, but you should only choose this product if you need all the features provided. Otherwise, if you don't need all the features to meet your requirements, there are probably other products that will be more cost-effective. It's cost versus the functionality requirement."

"Our ROI is high."

More Splunk Enterprise Security pricing and cost advice

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Comparison Review

Vinod Shankar

Manager, Enterprise Risk Consulting at Deloitte & Touche

Feb 26, 2015

HP ArcSight vs. IBM QRadar vs. McAfee Nitro vs. Splunk vs. RSA Security vs. LogRhythm

We at Infosecnirvana.com have done several posts on SIEM. After the Dummies Guide on SIEM, we are following it up with a SIEM Product Comparison – 101 deck. So, here it is for your viewing pleasure. Let me know what you think by posting your comments below. The key products compared here are…

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Top Industries

By visitors reading reviews

Computer Software Company

21%

Financial Services Firm

10%

Manufacturing Company

Retailer

Financial Services Firm

15%

Computer Software Company

14%

Government

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about Monte Carlo?

It makes organizing work easier based on its relevance to specific projects and teams.

See all answers

What is your experience regarding pricing and costs for Monte Carlo?

The product has moderate pricing.

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What needs improvement with Monte Carlo?

For anomaly detection, the product provides only the last three weeks of data, while some competitors can analyze a more extended data history. This feature needs improvement. Its price could be a ...

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What SOC product do you recommend?

For tools I’d recommend: -SIEM- LogRhythm -SOAR- Palo Alto XSOAR Doing commercial w/o both (or at least an XDR) is asking to miss details that are critical, and ending up a statistic. Also, rememb...

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What is a better choice, Splunk or Azure Sentinel?

It would really depend on (1) which logs you need to ingest and (2) what are your use cases Splunk is easy for ingestion of anything, but the charge per GB/Day Indexed and it gets expensive as log ...

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How does Splunk compare with Azure Monitor?

Splunk handles a high amount of data very well. We use Splunk to capture information and as an aggregator for monitoring information from different sources. Splunk is very good at alerting us if we...

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Comparisons

Datadog vs Monte Carlo

Compared 29% of the time

Grafana vs Monte Carlo

Compared 16% of the time

Splunk APM vs Monte Carlo

Compared 11% of the time

Acceldata vs Monte Carlo

Compared 11% of the time

More Monte Carlo Competitors

Wazuh vs Splunk Enterprise Security

Compared 10% of the time

IBM Security QRadar vs Splunk Enterprise Security

Compared 9% of the time

Dynatrace vs Splunk Enterprise Security

Compared 8% of the time

Datadog vs Splunk Enterprise Security

Compared 5% of the time

Sentinel vs Splunk Enterprise Security

Compared 4% of the time

More Splunk Enterprise Security Competitors

Product Reports

No data available

Buyer's Guide

Splunk Enterprise Security

November 2024

Download Splunk Enterprise Security product report

Learn More

Monte Carlo

Splunk

Overview

Stop wasting time on data fire-drills. Stop trying to hack band-aid solutions. Stop paying for outdated data governance software. With Monte Carlo, data teams are the first to know about and resolve data problems, leading to stronger data teams and insights that deliver true business value.
You invest so much in your data infrastructure – you simply can’t afford to settle for unreliable data. At Monte Carlo, we believe in the power of data, and in a world where you sleep soundly at night knowing you have full trust in your data.

Splunk Enterprise Security is widely used for security operations, including threat detection, incident response, and log monitoring. It centralizes log management, offers security analytics, and ensures compliance, enhancing the overall security posture of organizations.

Companies leverage Splunk Enterprise Security to monitor endpoints, networks, and users, detecting anomalies, brute force attacks, and unauthorized access. They use it for fraud detection, machine learning, and real-time alerts within their SOCs. The platform enhances visibility and correlates data from multiple sources to identify security threats efficiently. Key features include comprehensive dashboards, excellent reporting capabilities, robust log aggregation, and flexible data ingestion. Users appreciate its SIEM capabilities, threat intelligence, risk-based alerting, and correlation searches. Highly scalable and stable, it suits multi-cloud environments, reducing alert volumes and speeding up investigations.

What are the key features?

Comprehensive Dashboards: Provide a holistic view of security operations.
Flexible Data Ingestion: Supports various data sources for better analysis.
Robust Log Aggregation: Centralizes log management for easier monitoring.
Machine Learning Toolkit: Enhances threat detection and prediction capabilities.
SIEM Capabilities: Integrates security information and event management.
Threat Intelligence: Utilizes external information to improve security measures.
Risk-Based Alerting: Prioritizes alerts based on the risk they pose.
Correlation Searches: Identifies and correlates security events effectively.

What benefits or ROI should users look for?

Enhanced Visibility: Improves monitoring across endpoints, networks, and users.
Faster Incident Response: Speeds up identification and resolution of security issues.
Reduced Alert Volumes: Lowers false positives and enhances signal-to-noise ratio.
Scalability: Adapts to growing and changing security needs.
Improved Security Operations: Integrates multiple security facets into one platform.

Splunk Enterprise Security is implemented across industries like finance, healthcare, and retail. Financial institutions use it for fraud detection and compliance, while healthcare organizations leverage its capabilities to safeguard patient data. Retailers deploy it to protect customer information and ensure secure transactions.

Sample Customers

Information Not Available

Splunk has more than 7,000 customers spread across over 90 countries. These customers include Telenor, UniCredit, ideeli, McKenney's, Tesco, and SurveyMonkey.

We monitor all Data Observability reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.