Big Data Analytics Provide Better Security With Enhanced Analytical Insights

By CIOReview | Tuesday, February 11, 2014
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Fremont, CA: Alarming increase of security breaches and fraud incidents pave way for a security system with more sophisticated capabilities which inturn can skirt disadvantages of traditional security services. Today, most of the renowned companies use Big Data analytics to wrestle with this problem, reports Larry Barrett for ZDNet.

Big Data analytics provide better security with enhanced analytical insights; whereas traditional security systems solve only a single facet of problems which help cyber crooks to steal sensitive information regarding intellectual property, customer databases and credit cards.

According to a recent Gartner report, around 25 percent of global organizations will deploy Big Data analytics by 2016 as most of the enterprises crave for technologies that are safe and convenient.

"A year or two ago, hackers would look around, conduct extensive cyber espionage on their targets and then go in for the theft, whether it was for money or information. Now hackers – aware of more effective security and fraud prevention measures erected by their target victim enterprises – simply go directly to the theft without a drawn-out reconnaissance phase," said Avivah Litan, Vice President and renowned analyst at Gartner in an interview to Larry.

Gartner report also points out the reduction of false alarms in existing monitoring systems and increased Big Data investments among banks and other financial institutions.