Logpoint named leader in IDC MarketScape SIEM for SMB 2024

Logpoint has been recognised as a Leader in the IDC MarketScape's Worldwide SIEM for SMB 2024 Vendor Assessment.

The Copenhagen-based company has been evaluated favourably by the IDC MarketScape, which focuses its endorsement on the capabilities of Logpoint's SIEM solution to centralise data monitoring, thereby enhancing the ability of mid-sized organisations and Managed Security Service Providers (MSSPs) to detect, investigate, and respond to cyber threats.

Sean Muirhead, Chief Product Officer at Logpoint, stated, "We believe that being recognised as a Leader in the IDC MarketScape Worldwide SIEM for SMB shows how dedicated we are to giving European organisations and mid-market MSSPs the tools they need to stay ahead of cyber threats and keeping up with ever-evolving compliance requirements. With our SIEM solution, security teams can connect all data sources, increase situational awareness, and take appropriate action to fend off cyberattacks while resting assured that the security data is well-protected."

Logpoint's SIEM-based European Cyber Defense Platform is designed to aid companies in both detecting cyber threats and complying with regulatory frameworks. Recently, the company enhanced its capabilities through the acquisition of AI-driven NDR provider Muninn, a strategic move aimed at bolstering the ability of its customers and partners to counter cyberattacks.

The firm is notable for being the sole European SIEM vendor with Common Criteria EAL3+ certification, a standard required by NATO, underscoring the data protection and privacy offered by its solutions.

The IDC MarketScape's report offers a thorough analysis of security information and event management (SIEM) vendors, particularly focusing on the small to medium-sized business (SMB) sector. The assessment includes both quantitative and qualitative factors relevant to SMBs when selecting a SIEM solution, drawing insights from interviews with end users and buyers, alongside expert opinions from IDC.

For small and medium businesses, the IDC MarketScape report is considered an essential tool in making informed decisions, providing a comprehensive view of the primary market participants. The report is available to IDC subscription clients as part of their service.