Today, Silver Tail Systems in conjunction with research firm Enterprise Strategy Group (ESG) announced the survey findings that details various approaches to leveraging Big Data for Security Intelligence.
The research, which surveyed more than 250 IT security professionals, cites current lack of resources and available solutions as challenges around the use of big data for security intelligence. Uncovering this survey information comes at a very timely point, as we've seen an undeniable uptick of banking attacks lately. The research, which will be highlighted in an upcoming ESG report entitled The Intersection of Big Data and Security Analytics, demonstrates that IT teams at many organizations are looking to utilize big data as a new approach to capturing and understanding network data and that offers customers a disruptive technique to detecting attacks and protecting their online platforms.
In light of the recent public banking attacks, it's important to highlight that most customers have no idea the details or nature of these specific attacks. Customers know they are under attack because of the bandwidth spikes, etc, but they don't have the details on what is happening during the attack nor do they know if online fraud has actually occurred. Effectively the cybercriminals can use the smoke screen of the attack to compromise accounts, commit fraud, etc, while customers are simply trying to keep their shields up. Where organizations fall short is that they simply don't have the visibility to see into what is happening at the web session level, which contributes to the rise of business logic abuse. These "business logic abuses" - something which we highlighted last week - are a growing concern among IT security practitioners, yet many still contend that they do not have the right tools in place to detect these vulnerabilities or who to assign that responsibility to at the organization. This research coupled with what we are announcing today with ESG further validates what we’ve been hearing in the marketplace: log analysis simply isn’t enough to protect the websites of our customers and a Big Data approach to security solves this problem.
As these recent high-profile attacks have shown, protecting against them will continue to be uphill battle, and organizations need to know how to protect their users and merchants with a new approach to identifying malicious behavior. To learn more about obtaining real time visibility into the behavior of cybercriminals and customers, in conjunction with big data, join our upcoming webinar lead by ESG Senior Principal Analyst, Jon Oltsik, and Silver Tail's VP of Marketing, Nick Edwards.