1) Most organizations are unprepared to deal with security incidents effectively due to complex networks, outsourcing of resources, and reduced budgets and staffing.
2) Proper log collection, normalization, storage, search, and reporting is needed to gain visibility into security events and identify suspicious activity, but many organizations only utilize a small portion of expensive SIEM capabilities.
3) Free and open source tools like Syslog utilities, Simple Event Correlation, and OSSEC can be used to build an effective log management solution while avoiding high SIEM costs. These raw logs provide valuable information if properly analyzed and correlated.