Cyber security is utmost essential for corporates to function without any hassle and obstacles. One by one all corporates have begun to realize the importance of security from attacks and what makes the situation even worse is the increase in network world. Unfortunately, some companies do not realize the grievant nature of cyber-attacks and the unquestioned importance of Cyber Security.

2. November, 2016 – One of Britain’s popular bank, Tesco Bank was forced to
halt online operations after thousands of customer accounts were subject to
fraudulent transactions resulting in a loss of £ 2.5 million.
Customers are very sceptical about online transactions, dealings, and being
associated with companies that were affected by breaches.
Introduction

3. WannaCry Attack

4. Cyber security is utmost essential for corporates to function without any hassle and
obstacles. One by one all corporates have begun to realize the importance of security
from attacks and what makes the situation even worse is the increase in network world.
Unfortunately, some companies do not realize the grievant nature of cyber-attacks and
the unquestioned importance of Cyber Security.
‘’ In the vastly networked and connected world of business - from banking systems to
retail stores to IT services providers to manufacturers and even government agencies, …
a breach at one place is but an opening door to another, more connected the world of
business gets more vulnerable it becomes and more are the threats’’
Security analytics provides an advanced visibility into indicators of compromise such as –
Slow data exfiltration in firewall logs, Phishing in emails, HTTP-based malware command
and control in Web proxy logs amongst others.
Why is Cyber Security so important?

5. Top Network Attacks

6. While there are tools and software designed to prevent cyber-attacks, cyber-
criminals are getting smarter and are using sophisticated means to breach
networks and unfortunately, they are successful.
But there are ways cyber analytics can help fight attacks-
Heavy-lifting: Security Analytics do the heavy-lifting as they sift through
volumes of data, detect events that are abnormal and raise concerns. This
allows security team enough time and focus to investigate further on these
concerns instead of sifting through data themselves. Analytics also can dig
deeper into data and find patterns of crime that are not possible to detect
otherwise.
Cyber Analytics helping fight cyber-crime

7. Detect Crime faster:
After successful intrusion, the attacker creates a trail. This trail is nothing but
the fingerprint which helps security systems outline the steps attacker takes as
he/she pursues his goal. This data can be captured and analyzed with the help
of cyber analytics resulting in a quicker understanding of attack patterns of the
hacker and helping security experts in faster crime detection. Detecting the
attack pattern and crime in quicker time helps; security experts can prevent
and curtail further attacks and thereby minimize the effect and extent of the
attack.

8. Use of Predictive Analytics:
We talked about what can be done after an attack. How about what can be
done before an attack takes place? This is where predictive analytics comes
into play—What if there is a possibility of staying ahead of the curve and
predict an attack? Sounds more like fiction but experts say this is possible, in
sometime. Predictive analytics helps security experts to determine the
possibility of an attack and helps set up defense mechanisms even before
hackers try and attack.

9. Go Beyond Signatures:
Tracking the trail or signature of the attacker is one way to help detect the next
crime quicker, but it does not help in prevention of the first crime anyways.
With the help of cyber analytics, experts can monitor activity across multiple
networks and data streams through anomaly detection techniques and self-
learning analytics, this of course, involves predictive analytics and machine
learning. This actually helps identify threats as they occur and this concept
goes beyond the signature tracking technology.
Cyber analytics also helps quickly detect anomalies in data streams and
network traffic and minimize false positive alerts.

10. The Rise of Ransomware

11. Global Ransomware Attacks

12. Conclusion
Experts also believe cyber (predictive) analytics when combined with Machine Learning abilities can help
analysts harness the full potential in forecasting future attacks.
Many enterprises have already begun investing on cyber security analytics.
Let’s realize one thing – Cyber Security is no longer an option, it is an essential, and cyber security analytics
the powerful weapon in the arsenal of cyber security solutions.
For more details visit - https://www.happiestminds.com/solutions/cyber-analytics/