Automation Tool

Memo to Management
Overview
While SIEM and SOAR can be very costly, they are valuable tools to have in your information security arsenal. In this assignment, you will explore the value-add to the organization. You will also identify open-source solutions for these functions. What is the trade-off in using open-source solutions compared to purchasing an established product?
Instructions

1. Write a memo to management explaining SIEM and SOAR
   a. State how each functions as a standalone tool and how they can be used in tandem
2. Research and include the costs associated with each tool
3. Make a recommendation for purchasing both tools
   a. Justify your recommendation using qualitative and quantitative data
   Assignment Guidelines and Rubric
   • Your assignment should be 900 words in length.