The acronym 'SIEM' stands for Security Information and Event Management. SIEM solutions provide real-time analysis of security alerts generated by various hardware and software components in an organization’s IT infrastructure. By aggregating and correlating data from multiple sources, SIEM systems help security teams identify potential threats and respond to incidents more effectively. They enhance visibility into security events, support compliance with regulatory requirements, and streamline incident response processes. Ultimately, SIEM technology is essential for improving an organization’s security posture and effectively managing risk in an increasingly complex cyber landscape.