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Describe three to five benefits of using a Security Information and Event Management (SIEM) system, such as Splunk, for analyzing and correlating network monitoring data

Describe three to five benefits of using a Security Information and Event Management (SIEM) system, such as Splunk, for analyzing and correlating network monitoring data for the purpose of preventing and detecting potential cyber attacks. Focus your comments for this option on the aspects of prevention and detection only.

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