Risk Transference refers to the shifting of the burden of loss for a risk to another party through legislation, contract, insurance or other means. https://www.bcmpedia.org/wiki/Risk_Transference

Traditional SIEM Log Analysis
Traditionally, the SIEM used two techniques to generate alerts from log data: correlation rules, specifying a sequence of events that indicates an anomaly, which could represent a security threat, vulnerability or active security incident; and vulnerabilities and risk assessment, which involves scanning networks for known attack patterns and vulnerabilities. The drawback of these older techniques is that they generate a lot of false positives, and are not successful at detecting new and unexpected event types