Reasons behind the Rapid Growth of AI in Cyber Security

By this time, the industry of Artificial Intelligence is seen with great hope to eliminate the perils of technology in order to get augmented benefits.

Artificial Intelligence – AI has been around for a long period of time. However, it is creating a hike in the computing field owing to technologies like voice recognition and speech to text conversions, etc.

Although, these technologies were not considered highly efficient but provided a base for other related fields including cyber security.

Historical Evolution of AI

The initial period of AI saw a great disappointment from significant industry investors. It is because around 1980s, no one was ready to invest in this field. The primary reason was the low delivery of efficient products.

However, time changes and with it changes the fate of many. The same is the case with AI as it has seen a great bulge in investments in recent years. The reason behind this growth is that AI has gained augmented utilization in behavioural analytics to ensure data integrity.

Cyber Security and AI

The cyber industry is continuously in spotlights owing to a breakthrough in technology. However, mismanagement of resources and methods has given rise to the challenges faced by organizations.

Rapid Growth of AI in Cyber Security
Rapid Growth of AI in Cyber Security

It is evident from the fact that cyber world is extremely vulnerable to security threats. Shocking to know, more than 3 billion personal records of identity information have been found public during the year of 2017.

Further, a recent study conducted by 4iQ security firm showed strong suspicions of potential vulnerabilities in personally identifiable information (PII) are inviting many cyber-criminals.

During the research of online websites, black cyber markets and social has indicated around 8.7 billion raw data accounts which are more than 64% of information breaches as compared to the year 2016.

Moreover, statistics show that approximately 2940 records are spoiled successfully in more than 3525 data breaches. Further, around 188,916 FTP servers were targeted to get access to almost 2.1 billion information documents.

So, considering the current state of present-day cyber security, AI helps in strengthening servers to eliminate data threats. The reason behind implementing artificial intelligence is that it works closely with behavioural analytics to estimate data security risks.

It’s not a big surprise for IT professionals that modern cyber security systems come with the integration of intelligent components. These components focus on the user intentions instead of user’s actions.

Artificial Intelligence – Panacea for cyber threats

Newer algorithms of AI work in accordance with Machine Learning (ML) which is adoptive in nature. It means that the technology modifies itself as per usage patterns of the people. It has made the processes of threat identification faster and easier as compared to the past.

Simon Crosby (Co-founder Bromium) states that ML enables frequent response to the risks of cyber security risks. Therefore, it has become easy to identify new versions of malware by improving data protection protocols. This is all because of AI.

Other benefits of using AI algorithms are as give:

Augmented Productivity

Security applications designs using Artificial Intelligence help in making security effective which leads to higher productivity. It has significantly speeded up the transmission of information over the networks with precisions and accuracy.

Efficient Management of Big Data

Another reason why companies are moving towards AI is the big data.  Software solutions based on AI can better manage Big Data stores and cloud computing.  It is done in extremely efficient manner.

Accurate Predictions of System Vulnerabilities

Artificial Intelligence is considered authentic in predicting the field of data security. It is owing to the reasons that predictions are made on the basis of facts and figures. Not only this, AI has the ability to understand behavioural impressions in the cyber world to recognize potential threats.

Artificial Intelligence Is Adaptive

The more awareness about AI is making it more popular among the people. The reason for its fame is the adaptive nature of AI security systems. Further, virtual assistants are normal for organizations, but ML advancements are genuinely ground-breaking.

The specialty of these systems is that they can mimic human brains which increase their ability of behavioural analytics. It significantly helps in threat detection and elimination.

Conclusion – Takes Away

Artificial intelligence is considered one of the most powerful technologies presently. Therefore, security systems based on AI offer increased authenticity and integrity of data.

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The Importance of Effective UEBA When Countering Insider Threats

While considering all of the problems experienced by today’s IT security team, the most difficult detection of threats is within the organization. Most of the tools are designed to protect the infrastructure from external risks and do not track the threats that are within the firewall.

The insider threat is divided into three main groups. One must be treated by malicious employees. They can try to create a new revenue source by selling valuable data to competitors or creating client databases for new employers.

The second group is called “intruder.” These are the people that have devices infected with malware and used it to connect to corporate IT infrastructure. Some might only attach a USB key to your company’s PC and malware transfers to the PC.

The third group is the called “random informer.” They are employees who accidentally leak confidential emails to others or put a laptop on the back of the taxi. They do not intend to hurt your organization, but your actions end there.

The role of UEBA

More and more organizations are turning to user and entity behavior analytics (UEBA) to protect themselves from internal threats. These tools use the rapid development of artificial intelligence and machine learning and help the security team to overcome the challenges.

Many user and entity behavior analytics tools are available to the organization, but the most effective need is too capable of identifying the internal threats before some suspicious thing happens

Given the most appropriate UEBA tool, the security team must evaluate four key criteria. They are as follows:

 1. The ability to prepare data and associate it with an identity

Data used for monitoring and security response can be obtained from various sources. This includes accessing the control systems and content control filters, network management platforms and firewalls. It is necessary to understand the reliability of these data and to analyze whether they contain signals of unauthorized activity.

Also, these data must be associated with a specific user. Account IDs, such as Active Directory, cloud, e-mail access, etc. All of them must be stored in one place. Therefore, if a user accesses a financing application, accesses Dropbox and downloads a large data file, you can create a database of behavior using the AI ​​function or the machine learning function, but it is possible to associate it with a specific user. This is not useful if you are not associated with a particular user.

2. Use real-time analytics to detect threats

Effective UEBA tools can also support the security team by analyzing large amounts of collected data using analytical functions to determine user behavior in real time.

This tool should be able to identify the threat using statistical analysis and trending learned reliably. This increases the way in which risks are prioritized and helping in minimizes false positives by adjusting the outcome of factors such as risks and contexts.

3. AI / ML to enable hunting and user monitoring

The selected user and entity behavior analytics tool can help organizations stay ahead of unauthorized use and automatically identify the most significant threats for further analysis. As a result, the security team can prevent the many low-level warnings and focus their time and effort on the most serious threats.

Here, the use of the AI / ML cloud tool will bring great benefits to the organization. Because this requires much effort for its configuration before installation, it can reduce installation costs compared to the on-premise deployment.

 4. Strong integration with the underlying data platform

The 4th requirement for an efficient user and entity behavior analytics tool is the capability to differentiate among the simple anomalies and the real threats. This is achieved by using a situation that is provided by evaluating all of the available data and is particularly useful when the tool is intensely incorporated in the data store.

With such integration, security groups can have a single pane that centrally manages the legal visibility of the complete IT infrastructure. It can respond quickly to incidents and provide more effective protection for the organization.

Given these requirements, the security team can be convinced that the best and optimal UEBA tool has been selected for deployment. This ensures effective protection against one of the most complex internal threat sources.

Security Incident Detection & Response – SIEM Based Security Monitoring

Security Incident Detection and Response - SIEM Based Security Monitoring
Security Incident Detection and Response

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8 Steps: How to Prepare for GDPR Compliance

The General Data Protection and Regulation (GDPR) is considered a potential player of changing data security scenario globally. It has grave implications for public and private organizations. Organizations are required to implement GDPR compliance irrespective of their location. It is necessary for getting into business with EU citizens and companies.

The penalties and punishment in case of the data breach are very strict. It can cause a fine of thousands million pounds, euros or dollars. Therefore, companies need to re-think their strategies and already implemented data protection procedures.

Now, business organizations are left with only two options:

  • Consider GDPR as common as any other rule and ignore
  • Adopt a comprehensive approach to deal with GDPR

However, GDPR consulting institutions can assists organizations to adopt the best practices to meet the compliance the requirements. So, always base your security review according to the clauses of General Data Protection and Regulation. Further, devise a comprehensive checklist to accomplish before 25th May 2018.

Tips to get prepared for GDPR Compliance

GDPR is going to initiate the biggest change in the laws of data security for the next generations. Organizations should adopt a proactive approach to deal with emerging modifications. The following tips are supposed to help organizations largely:

 

Understand Important Clauses of the Law

A report on GDPR 2017 revealed that approximately 66% of total senior managers had got a proper briefing about clauses of General Data Protection and Regulation law. It shows a dismal situation because organizations are ignoring the importance of GDPR for their survival.

It has been observed that senior management of various organizations have bluntly stated that they are ready for GDPR without realizing their weaknesses.

It may cause a great threat to the businesses of the organization. Therefore, organizations must strive hard to get a proper understanding of crucial clauses of GDPR legal regulations.

Create a Workable Roadmap

After having a clear understanding of legal framework and regulation process of the GDPR, organizations must prepare themselves.

It is necessary to create a proper work plan to make organizational data security policies aligned with General Data Protection and Regulation.

Understand the Gravity of Data Security and devise a comprehensive roadmap to be followed for the integrity of data.

Ensure Proper Accountability

It is important to understand if the data acquired by the organization comes under the jurisdiction of GDPR. In order to do so, the proper study of respective GDPR clauses is crucial.

Not only this, the companies and public organizations must ensure proper procedures of accountability to ensure data safety.

Accountability is a must for proper safeguards of data and information held by the organizations. Therefore, a strategy to complete data process and retrieval accountability should be maintained by the organization at any cost.

Most of the mentioned facts are directly related to GDPR compliance. So, before taking any action, get adequate General Data Protection and Regulation counseling to ensure ultimate success.

Ensure Rights for Personal Privacy

The individuals or the data subjects have multifarious access rights regarding data and privacy protection. Therefore, companies must ensure the following:

  • The basic right to get informed of any data breach
  • The right to rectify false or illegal access of data
  • The right of restriction in case of portable data
  • The right of objection in case of data processing

Review your Private Policy

It is very imperative to understand that privacy to design databases helps to ensure compliance with GDPR. The protection of data within an organization can be done by reviewing the private policy of the company altogether.

There are many complications related to privacy policy consent under the GDPR. For instance, it is stated that children cannot be considered legally authorized to give consent for data privacy and access rights.

Therefore, organizations have to ensure proper system to eliminate the risks in order to improve security.

Appoint Data Security Officer

The appointment of a data protection officer has become a compulsion required by GDPR. Therefore, the organizations must comply with this requirement in order to do business with EU companies.

However, the data security policy of many organizations eliminates the need for security officers. However, it is suggested to hire professional security consulting firm with the sound understanding of data vulnerabilities and security insurance.

Summary – Take Away

By now, every organization around the world understands that they have to align their data security procedures with GDPR. However, it is important to understand the gravity of the matter.

Don’t get left behind owing to false illusions and distractions that General Data Protection and Regulation will not affect your company. Get an instant GDPR consulting to understand how to ensure GDPR compliance effectively!

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Top 3 Disastrous Data Breaches Of Recent Times

Hundreds of data breaches are taking place on a daily basis. Hackers are devising new strategies to break into your defenses and cause you serious damages. Because of the vital importance of data and information, counter strategies have been made to protect the data.

We install data security software programs and applications on our PCs to protect us from these costly breaches, but almost 80% of breaches remain undetected before their occurrence. Antivirus, firewalls, windows defenders and other systems stood guard against these threats, but all became vulnerable to these dangers. However, Software Intelligence Event Management (SIEM) provides better security by applying advanced security measures.

Different SIEM systems offer different service capabilities. A SIEM system can analyze millions of events per second. We can protect our data by using SIEM as a service.

Here are the disastrous data breaches that took place in the recent years

Yahoo

Yahoo was once a technology giant. In 2016, when Yahoo was negotiating with Verizon for selling its business, it announced the largest data breach of its history. It was reported that the breach compromised the data of more than 500 million users. The hackers had stolen the names, email addresses, phone numbers and other personal information.

Yahoo recently revised the estimate of loss and stated that the data of 3 billion users was compromised. Verizon bought the company for $4.48 billion, which was then worth more than $100 billion. The amount of loss inflicted by the data breach becomes approximately $95 billion.

eBay

eBay is one of the biggest online auction stores. In 2014, hackers broke into its system and stole the data of all 145 million users. The data involved names, passwords and email addresses.

The hackers entered the system by using the credentials of a few of its corporate employees. They remained in the system for 229 days and reached the database to steal all the information.

The company observed a decline in user activity after this breach. It is recommended to approach a competent information security consultant to avoid such losses.

Equifax

One of the largest financial organizations dealing with credit cards has been recently hit by a cyber-attack, which resulted in the loss of personal information of more than 143 million users. The data involved social security numbers, names, passwords and other personal information. The credit card data of 2,090,000 consumers was also compromised in this attack.

The company was of the view that the breach took place because of an application vulnerability on one of their websites.

What Risks Do Cyber Security Threats Pose To The UAE’s Oil Industry?

It is a well-known fact that the oil industry is the backbone of the UAE’s economy. In fact, considering that the UAE has signed a pact to constrain oil production, the country had to lower its crude oil out for the sake of compliance. Presently though, the country’s oil industry is unprotected against new cyber security risks. This necessitates professional and thorough security threat and risk assessment within local oil businesses. Like other Organization of the Petroleum Exporting Countries (OPEC), the UAE is highly vulnerable to cyber attacks.

Oil companies in the UAE are not even properly aware of the potential cyber security risks that pose a threat to them.

How Severe Is The Threat?

The severity of the threat that a cyber security risk may pose to an oil company may vary, depending on the goals of the culprit. For instance, a cyber attack may result in the leaking of critical, top-secret information. Culprits behind a cyber-attack on an oil company may even sabotage its operation.

Where Does The Vulnerability Lie?

Worms, a malware computer program capable of multiplying, have been specifically designed to target the data acquisition, logic and supervisory control programs that are currently in use within oil companies. Back in 2010, several gas and oil companies in Iran fell victim to the Stuxnet virus, even though they were not the intended the targets. This was an eye-opener.

Where Does The Vulnerability Lie?

Oil companies can actually increase their vulnerability to cyber attacks even just by using common enterprise applications. This is because oil companies use various integration technologies to integrate these applications with their plant infrastructure, connecting them with a wide range of devices within the plant. If the connections between them are unsecured, cyber attackers can take advantage of them.

What Is The Worst That Could Happen?

  • In petroleum companies, the systems that manage tank information and gauge the tanks are interconnected. Some are even indirectly involved in the control of tank filling. Cyber-criminals can hack into these systems, altering critical values, such as an oil tank’s maximum filling limit, which could lead to disastrous consequences like an explosion.
  • Using a malicious, remotely operated computer program, a cyber criminal may alter a petroleum company’s critical oil stock information. In such a scenario, a company may realize that its oil stock has depleted and it may not be able to provide oil to its customers, resulting in the company being deemed fraudulent and suffering drastic losses.
  • As mentioned, cyber criminals can easily sabotage the equipment at a petroleum plant since they are connected to enterprise and other such applications, especially if the connections are unsecured. This way, they can remotely tamper with critical equipment measurements related to pressure and temperature, which could lead to equipment malfunction, resulting in the wastage of valuable financial resources and time.

Conclusion

The solution to such cyber-security threats may sound rather commonplace and ordinary, but oil companies in the UAE can simplify matters just by hiring a managed security services UK-based firms. When it comes to cyber security vulnerabilities, the entire critical infrastructure of an oil company, and the UAE’s oil industry at large, depends on being protected from such threats. Considering everything that can potentially happen if a cyber-criminal hacks through, it is not worth taking the risk by not deploying some sort of a security operation.

Significance, Scope, And Requirements Of GDPR For SMEs

The General Data Protection Regulation (GDPR) is more likely to affect medium and smaller business companies owing to the fact that approximately 82 percent of SMEs are completely unaware of the term GDPR and its legislative propositions. Therefore, such companies are expected to hit high rates in fines after the enforcement of the law in 2018.

Significance of GDPR for SMEs

The general data protection regulation is aimed at replacing already existed data protection laws and regulations across Europe and will be a game changer for many organizations.  Further, no one should think that it is only a compliance problem because GDPR is going to impact all those private, public as well as non-profit organizations that process personal data of people who belong to EU or non-EU states.

Therefore, GDPR monitoring has become highly crucial for organizations as its law will be applied to all the organizations of the world. The companies have a trivial time period left for preparation until 25th May 2018.

GDPR Monitoring

Scope of GDPR for SMEs

EU has recognized the following through the GDPR:

  • The right to privacy as a universal right for humans
  • The right to safeguard personal information as a distinctive, impartial universal right

However, it is different to giving universal rights to human beings because these rights have been attached to the personal data of human beings. It means that human rights are different and rights given to privacy of a person are also universal rights. It makes general data protection regulation monitoring highly significant for every inhabitant of the planet Earth.

Requirements for SMEs

Therefore, in order to protect the universal rights of human privacy, EU has demanded data protection on the basis of EU-graded standards. Private and public organizations can simply consider their scope as if they fall under the jurisdiction of EU GDPR by answering only two questions as given:

  1. Is the organization operates in EU?
  2. Does the organization manipulate EU citizen’s data?

So, if the answer to any of the given questions is YES but you are pretty sure that existing data processing mechanism is aligned with provisions of GDPR then you should feel peace and enjoy business operations. On the other hand, if the answer is YES but you are not sure about the data processing mechanism; the organization must go for proper general data protection regulation monitoring as soon as possible.

A few steps will help to make your company align with GDPR:

  • Provide briefings to top authorities and senior management about its law
  • Devise a comprehensive strategy for it.
  • Consider all factors whether a GDRP monitoring officer is vital
  • Upgrade policies for data protection and governance
  • Analyze propositions of GDPR in detail
  • Review strategy for data management
  • Examine private policies of the organization in detail