With the open-end digitalization of the business world, the risks of cyber attacks on companies have been heightened. These attacks can, however, be avoided by big data analysis. BARC’s ‘Big Data and Information Security research comprises a deep analysis of the current deployment levels as well as the advantages of analytical security solutions by big data along with the challenges faced by them.
- Increment in Cyber Security Threats
- Companies have to Amend Their Cyber Security Notion
- What Role does Big Data Analytics Play Here
- Big Data Security Analytics: A New Generation of Security Tools
- How did Big Data Security Analytics Originate
- Integrating Data to Predict Malicious Activity
- Identifying Significant Incidents
- Automating Workflows
- Key Findings from the Big Data Security Analytics Report
Increment in Cyber Security Threats
Information security made a drastic paradigm shift from the long-established perimeter protection tools towards monitoring and tracking malicious activities within the corporate network. This is because the application of corporate security perimeter has long been disappeared mainly because of the increasing adoption of cloud and mobile services.
But there stands a reason for the withdrawal of traditional approaches to information security. That is solely because of the massive rise in cyber attacks and the part played by nefarious insiders in causing large-scale security breaches.
Companies have to Amend Their Cyber Security Notion
Analytics work as an essential feature for making cyber resilience advantageous. In view of the advancement and sophistication of cyberattacks, companies need to revise their cyber security policies and take a step further from absolute prevention towards the PDR concept – Prevent > Detect > Respond.
A cyber attacker needs a single successful attempt to gain access and cause havoc in an organization; thus, the need to amend one’s cyber security notion has spiked remarkably.
What Role does Big Data Analytics Play Here
Since improved detection is the integral element in this approach, this is where big data analytics plays its role. Detection must be swift and reliable enough to discriminate in the patterns of varying uses, implement rapid analysis with proximity to real-time, and sail through complex correlations obtained from a wide range of data from servers, application logs, user activities, and network events.
Thus such intricated analysis requires state-of-the-art analytical measures beyond the usual rule-based measures. Improved detected also requires the proficiency to run analysis on vast amounts of current and archival data. Therefore, we can say that this is where big data analytics hold its vital importance. The security duo and the current analytics state help determine and boost cyber resilience.
Big Data Security Analytics: A New Generation of Security Tools
A new generation of security analytical tools has emerged in recent years with the security industry’s double-take to these challenges. These security analytical tools can collect, store, and analyze a large amount of data across the whole organization.
After the data has been augmented with additional context data and extrinsic threat intelligence, it is then analyzed via different correlation algorithms to detect deviations and recognize possible malicious activities.
These security analytical tools are quite different from the usual SIEM solutions and are likely to perform their tasks in proximity to real-time. Thus, they can generate security alerts ranked by severity with respect to a risk prototype. Furthermore, these security alerts also include additional forensic details and allow quick detection and alleviation of cyberattacks.
How did Big Data Security Analytics Originate
Big data analytics is the reason for the most significant technological breakthrough.
The security industry has peaked, which commodifies business intelligence algorithms for big-scale data processing, which was first only available to large organizations. Vendors can now build big data solutions that can collect, store, and analyze significant amounts of data in real-time using the easily available Apache Hadoop and cheap hardware.
Integrating Data to Predict Malicious Activity
This generates the possibility to combine real-time and historical analysis and determine new incidents that could be related to the ones that already happened in the past.
The growing cyberattacks can be identified with much more efficiency once the big data security analytics is combined with extrinsic security intelligence sources responsible for providing current information regarding the latest vulnerabilities.
The archival data can prominently simplify calibration to a given network’s normal order of activity, which can then be utilized to detect deviations. Existing solutions can automate calibration with minimum efforts required from the administrators.
Identifying Significant Incidents
The big data analytical algorithms can identify deviations and anomalies in the data, which primarily indicates a malicious activity or, at the minimum, some kind of suspicious activity.
Once filtered by big data security analytics, the high volumes of security data can reduce the enormous flows of untreated security events to a controlled number of brief and categorized alerts. However, the archival data kept for later analysis can provide a forensic expert with details regarding the incident and its relationship to other previous anomalies of the past.
In the end, big data security analytics solutions supply various automated workflows for countering detected threats, including eradicating identified malware attacks or submitting an unlikely event to a managed security service for in-depth analysis.
The main elements for flourishing business in the future are the automated controls for cyber security and detection of fraud.
Key Findings from the Big Data Security Analytics Report
The research provides an in-depth analysis of the level of awareness and the recent approaches in the field of information security and fraud detection in companies spread worldwide.
It describes the importance, plans, and current state of big data security analytics and its dynamic actions to be initiated across various sectors. The research also provides an overview of the dynamic initiatives’ different opportunities, advantages, and challenges. Furthermore, it also provides an audit of the range of technologies currently available to focus on those challenges.