fbpx

Making the case for Advanced Security Analytics

Cyber security | Advanced Security AnalyticsCyber security is clearly one of the single biggest challenges facing today’s global organizations. With the acceleration, use and proliferation of data, nearly every enterprise has become a digital business, exponentially magnifying the possibility that one’s organization may be severely impacted by a breach. To survive in the digital economy, one needs advanced technology with split-second visibility to “see” cyber risk as it is happening so that it can be mitigated immediately. The truth of the matter is that today’s solutions are of no consequence for tomorrow’s unforeseen attacks. As the impact and frequency of cyber-attacks grows, organizations are facing continual pressures to ensure their cyber risk strategy is upto the task. Advanced Persistent Threats (APTs) are targeting an expanded threat surface. Between 2015 and 2021 the frequency of zero-day exploits has and will be expected to rise from one per week to one each day.

Estimated Damages from Cyber CrimeDamages from cyber-crime are expected to reach a whopping $6T per year in a couple of years. No industry is deemed safe and the question isn’t ‘if’ one’s business will be attacked but ‘when’. As the impact grows, Boards of Directors across every industry are asking tough questions about whether businesses have the people, technology and processes to mitigate risk of a security breach. Existing tools haven’t kept up. They aren’t able to handle the billions of security events generated every day, and analyzing threats requires manual human analysis and response. Ineffective use of AI is producing too many false positives while a 2-million shortfall in qualified security personnel means there are too few people to investigate them.

There is a shortage of talent that the cyber industry is experiencing. It is estimated that there are 3 million more jobs available in Cyber than qualified individuals at present. This knowledge and skills gap, along with exponential growth in data and the related risk exposure to today’s digital businesses, create the unmistakable and urgent need for new generation security analytics.

Shortfall of professionals + ineffective use of AI | Cyber security | Advanced Security AnalyticsSurviving and thriving in the zero-day world takes new capabilities. Security analysts need proper context to hunt threats in real-time. Protection from unknown and internal threats is critical. Scalability is paramount as more devices are connecting to the enterprise. There is also the need for an extensible solution that fits nicely within the current security posture of an enterprise. The ability of these products to integrate with existing point solutions and enhance these signals is very valuable. Says the CISO at a large media company in the US, “We don’t need yet another solution. We need something that allows us to reduce the number of dashboards we look at.” Large enterprises typically have anywhere between 20-40 different solutions in play, and they typically provide a narrow or siloed view that is insufficient to analyze complex threats.

New generation security intelligence and analytics platforms provide virtual advisory to Security Analysts and help enterprises identify and analyze cyber security threats in real time, allowing organizations to take a proactive security posture in a fast changing threat landscape.

Cutting through the noise of thousands of false positives that plague many current systems, they act in real time on the endpoint and network, automatically surfacing high-risk incidents, prioritizing them, and identifying the root cause in seconds—not days, weeks or months— so you can protect your business from threats faster and more easily than ever before.

Hunting in Real-time, Zeroing in Faster and Providing a Holistic View

Proactive security strategy | Advanced Security Analytics

They Identify and act on threats as they happen. Each new cyber-attack is more sophisticated than the last, leaving traditional security measures unable to spot the next threat. They allow businesses to assemble the story as it unfolds by enriching data collected from across the business with contextual and behavioral insights.They help stop chasing false positives and hone in on credible threats.

Today’s threats force businesses to filter through millions of security events, wasting time and money, increasing the chances of a credible threat slipping through the cracks. They reduce false positives and elevate credible threats by learning from past actions taken in response to previous threats.They build a comprehensive view of an organization’s enterprise security.

The average business has myriad security solutions leaving enterprises struggling to build a cohesive picture of their security landscape. These solutions provide threat hunters a 360 degree view of their enterprise security through a single pane of glass and give them the ability to take action from a single location.

About the Author
Alternative Text
Arvind Benegal

VP, Digital & Security Practice

arvind.benegal@nlbservices.com

678-404-0824

/ Arvind Benegal