by Angela Guess
Warwick Ashford of Computer Weekly reports, “Big data analytics has the potential to reduce the growing number of cyber security risks and increase business agility, says a report by the Information Security Forum (ISF). According to the Data Analytics for Information Security report, the importance of big data analytics has never been greater, with data volumes growing at around 2.5 million terabytes a day. ISF researchers believe the ability to analyse large volumes of disparate and complex data, such as threats, risks and incidents, data analytics can help senior and board level executives better understand and manage their risk/reward balance in cyberspace.”
Ashford continues, “Such insight, they said, can lead to improved information security, greater organisational agility and better cyber resilience. However, the researchers found that despite the huge potential for big data analytics in information security, it is still immature and under-used. Only half of organisations surveyed by the ISF are using some form of analytics for fraud prevention, forensics and network traffic analysis, while less than 20% are using it to identify information related to subject matter requests, predict hardware failures, ensure data integrity or check data classification.”
