Gartner defines the insider risk management (IRM) market as solutions that use advanced analytics, monitoring, and behavior-based risk models to detect, analyze and mitigate risks posed by trusted insiders within an organization. These solutions monitor the activities of employees, service partners and key suppliers to ensure their behavior aligns with corporate policies and risk tolerance levels. IRM platforms can be delivered as cloud-based services or on-premises solutions, or in hybrid forms. When effectively implemented alongside proper governance, they provide comprehensive visibility, real-time detection, and proactive intervention to safeguard against data theft, fraud and other malicious or unintentional insider threat activities.
Security information and event management (SIEM) is a configurable system of record that collects, aggregates and analyzes security event data from on-premises and cloud environments. SIEM processes security event data for the purposes of threat detection, investigation and response. It natively supports data normalization and offers user-configurable detection content and reporting to orchestrate threat mitigation and satisfy compliance requirements. These solutions are delivered via a SaaS platform or client-hosted on-premises or private cloud. The security information and event management (SIEM) system must assist with: 1. Aggregating and normalizing data from various IT and operational technology (OT) environments. 2. Designing and executing near real-time monitoring and alerting content. 3. Enriching and investigating security events of interest. 4. Supporting manual and automated response actions. 5. Maintaining and reporting on current and historical event data.