Saudi Hollandi Bank enlisted ArcSight for the task of collecting and correlating the hundreds of thousands of log events that are generated each day from dozens of sources, including its security devices, networking equipment and databases. The bank is now automatically collecting and managing real-time information from all sources within its IT infrastructure to meet its regulatory compliance requirements. ArcSight Enterprise Security Manager (ESM), the core product of the ArcSight SIEM platform, provided the automated, centralized event log and event management that the bank required to meet regulatory compliance mandates, conduct investigations into suspicious activities and respond to potential threats in its network.
"ArcSight has quickly become a key strategic element in the safe and secure operation of our bank," said Ali Alotaibi, IT security manager, Saudi Hollandi Bank. "Before ArcSight, it was difficult to know in real-time what was happening from an IT security and compliance perspective. Security information and event management was an unreliable manual process and had become a real nightmare for us until we implemented ArcSight ESM."
ArcSight ESM was selected by Saudi Hollandi Bank after the bank spoke with nearly a dozen other companies that had implemented the ArcSight solution. ArcSight partner ITS2 worked closely with Saudi Hollandi Bank to define the bank's specific requirements and tailor the ArcSight SIEM platform accordingly. Alotaibi said that ITS2 made a fairly painless implementation "even easier."
"The ArcSight SIEM platform and ArcSight ESM help companies to comply with stringent industry regulations and to protect their critical IT assets," said Rick Caccia, vice president of product marketing, ArcSight. "We are very pleased that ArcSight ESM has received recognition from Saudi Hollandi Bank as a strategic asset in its own right. Enterprise companies from many industries and government organizations worldwide are reporting that it is a powerful compliance solution and countermeasure to the growing threat from cybercrime."
Industry analysts have ranked
IDC also named ArcSight as the market share leader in the SIEM market and placed the company second in the security management software category. ArcSight holds an 18.6 percent share of total market revenue in SIEM in 2007. These figures were reported in the IDC market analysis titled "Worldwide Security and Vulnerability Management Software 2008-2012 Forecast and 2007 Vendor Shares: Making Security Smart."
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ArcSight (NASDAQ: ARST
ArcSight (NASDAQ: ARST