Build or managed siem: By the numbers

Build or managed Siem: By the numbers

Build in house*

  • Annual Personnel: $69,000
  • Annual Process/Operational Costs: $22,000
  • Annual Technology/Services Costs: $115,000
  • Total First-Year Cost: $1.1 million
  • Total Annual Recurring Costs: $1 million
  • Total 3-Year Cost of Ownership: $3.2 million

Hybrid soc service

  • Annual Personnel: $0
  • Annual Process/Operational Costs: $0
  • Annual Technology/services Costs: $476,650
  • Total First-Year Cost: $476,650
  • Total Annual Recurring Costs: $476,650
  • Total 3-Year Cost: $1.4 million

*Actual costs from an insurance services organization