How do you secure a building that doesn’t have walls? The digital world poses this problem for IT professionals. Network breaches can cost untold amounts of money, create legal headaches and ruin the reputations of enterprises in the blink of an eye. The only way to combat sophisticated criminals is to be more sophisticated than they are. Preventing security breaches is a delicate art form that requires a combination of human intelligence and smart computers. Leaders in all industries can no longer ignore the fact that their enterprises could be the next targets of security breaches or fraud.
The Rise of Security Breaches
It seems that barely a week goes by without a major bank or retailer becoming the target of a security breach. These breaches expose millions of customers to fraud and scams. What’s more, the repercussions of compromised data can span years.
According to the Identity Theft Resource Center, 2015 held the highest record for identity theft since the organization began tracking breaches in 2005. The organization reports that hacking incidents reached a nine-year high of 37.9 percent in 2015. Employee error and negligence also accounted for a large portion of breaches. In fact, employee-related breaches jumped to 14.9 percent in 2015 from 7.2 percent in 2012. The facts start to look even more troubling when you take a glance at the hard numbers. More than 64 million credit cards were involved in breaches in 2014 alone. An astonishing 164.4 million records related to Social Security numbers were exposed in 2015. What does all of this tell us? Neither workers nor consumers are properly equipped to protect sensitive information at the levels they need to currently.
Retail, online commerce, and online banking institutions are increasingly at risk as these industries expand. Mobile devices are adding many complicated variables that create vulnerabilities to be exploited by criminals from around the globe. You might say that robbing a bank is as easy as accessing a smartphone these days. The solution for creating safer digital environments is better technology.
How Big Data Can Combat Breaches
Analysis is the antidote to digital vulnerability. Big data can play a vital role in staying one step ahead of breaches because it creates an environment where machines can “talk” and learn. The result is behavioral analysis and predictive analysis that can show red flags and actually create reactions in real time. What’s more, big data allows machines to learn from mistakes and build defenses for networks and data from outside attacks. What all sectors can really benefit from is behavioral analysis of malicious activities. Big data can provide insights into files shared or accessed in a network. In addition, data platforms are capable of capturing network flow information and providing insights regarding usage patterns. When using a platform with unified batch and real time data streaming, all of this information can then be accessed in an easy-to-digest format that allows IT professionals to see what is happening on their networks in real time. Some security measures that are built into the system include malware analyzers, an event listener and network threat analysis.
With the amount of information readily available to both people and hackers alike, it’s important to be ahead of the game to protect sensitive information. Big Data can either be used for your protection or against your best interests. Network security will be greatly impacted as Big Data becomes more integrated into daily use so make sure you are up to date in your protection efforts.