When adopting a SIEM solution, OpenPayd needed
a robust platform that would eliminate pivots across tools, streamline investigations, and support compliance requirements. As a regulated entity embarking on its security journey, OpenPayd needed a centralized log management solution that would collectively monitor the company’s growing data volumes across a sprawl of individual tools. 

“Managing multiple platforms and reviewing numerous dashboards became increasingly complex for our security team. From a security standpoint, we needed centralized collection and analysis that would make it easier and more efficient to keep track of everything in one place,” explained Jordan Andonov, Security Engineer at OpenPayd. In addition to the security and compliance requirements, OpenPayd wanted the solution to provide application monitoring for the company’s Banking-as- a-Service (BaaS) platform. The security engineers are an independent team from the platform engineers, so OpenPayd’s ideal solution needed to allow the company to apply the separation of duties principle to its fullest extent. This was important for monitoring privileged access across the environment.