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How To Select The Appropriate Level Of SOC For Your Organisation

The latest news of the eminent startup Apollo data breach is roaming around the world.  According to the report, the massive database of approximately 200 million individuals of 10 million corporations has been hacked. It might be possible that the compromised data is not that much sensitive but, the company has to face strict accountability from the European Union under the recent imposition of GDRP.

SOC Security Operation Centre

Similar pieces of news including this have triggered an alarm for other companies. They need to focus on 24/7 monitoring of their communication networks in order to safeguard their organisational data assets. Of course, security operations centres (SOC) can be considered the last resort to all and sundry.

Consider the case scenario:

You are working as the IT analyst in a multinational company located in the UK having around five thousand employees to handle business at the local market. Suddenly, a meeting is called to red alert the staff regarding potential threats posing severe risks to the digital resources of the company.

The top management suggests acquiring comprehensive services from London SOC. However, the CEO aspires for the best services. Now being responsible for recommending comprehensive solutions, you are required to elaborate the SOC types or levels and select the most appropriate level of SOC service to be implemented across the clock. 

Capabilities of the Security Operations Center

No doubt, it is tempting to hold a calculator and start adding up the money to fulfil security requirements.

However, the most prominent element which can affect the process is the quality measurements. The cost primarily based on the capabilities of the solution to be implemented within the organisation. So, first of all, you need to determine that what efficiency is expected from the intended SOC services.

Considering the essential capabilities and services of the SOC will be helpful. It not only aware you about the requirements and investment but also will help you the cost required to hire third-party service providers.

Let’s consider the four basic SOC facilities:

The basic or elementary SOC

As its name indicates, it is primarily focused to detect anomalies and less useful for in-depth investigations. The data analysts operate the security systems using SIEM which is deployed to maintain data integrity.

Overall, this level of security operation centre helps to detect information hacks using inventive methods. However, there are limitations of flexibility in hunting the complex threats.

The intermediate or mid-level SOC

This level offers extended visibility to the organisations in supervising the anomalies and potential risks. The SOC is considered master in the detection of possible threats in the nooks and crannies of the organisations' databases.

Besides the necessary level of error detection, SIEM is deployed in combination with EDR and related technologies of network forensics. It is done to ensure advanced detection of the threats.

However, the major limitation, in this case, is the operational reality. It is because the experts spend extended hours monitoring the SOC services and have confused viewpoint. The reason is that on some days, all goes well, but the situation might get worse on the other day.

The advanced or high-level SOC

This level of SOC gives a kind of spare time to the security analysts for other processes. The security of information is maintained in tiers using the SIEM. Various integrity plugs and correlation rules are defined for specialised products depending upon the needs and scope.

By implementing the advanced services of London SOC, the IT professional can fetch data from the communication networks without even leaving the SEIM. This helps to improve the speed and quality of information security.

The learning or applied SOC

Above the advanced SOC, this level is significant in adding value to complex network monitoring and supervision of data accessed through communication links. The infrastructure is built to foster extended analytics and automation.

The responsibility of the IT professional after implementation of such SOC capabilities is to focus on significant human activities while the software does other stuff related to information monitoring.

Therefore, artificial intelligence based security systems are incorporated by customised policies and procedures to detect, analyse and investigate potential threats and anomalies.

Picking the right flavour for you

After considering all the mentioned types, levels or services of SOC, the question is still there. What is the SOC service suitable for your organisation?

However, it is not all about getting allured by the facilitation offered by each level of the security to make it a big pick. But, organisations make their decisions based on the cost incurred by every level to be implemented fully.

Further, the accessibility of human resource is a major consideration; you will have to make while selecting the most appropriate SOC.

In such a situation and considering the case study provided in the start, it might be suggested that select a level of security between the primary and intermediate initially. Don’t forget to get a professional consultation from Si Consult a leading cyber security and SOC service provider to make a better decision.

Why Is User Activity Monitoring Essential To Reduce Data Threats

Do you know that one of the first cyber-attack occurred in 1903 in London on the venue of wireless communication demonstration by John Ambrose Fleming? The idea was to send the Morse code to over 300 miles away from the destination. Guglielmo Marconi pioneered the technology. But all of a sudden the demonstration was hacked.

Perhaps starting from there, the journey of cyber-attack became more complicated over the years. Not only the incidents are increasing, but the sophistication of attacks is also growing to the next levels of complexity.

According to a recent report of McAfee, the total cost incurred by the cyber-attacks has been increased from the total of $445 billion in 2014 to $600 billion in 2017. Further, Cyber-security Ventures report reveals that cyber-crimes are expected to soar up to $6 trillion annually by 202.

User Activity Monitoring and Data Threats

After considering the mentioned statistics, it is a well-realised fact that cyber security is the crucial need of the hour. It is the reason that highly intelligent methods have been adopted based on behavioural analytics, EUBA, and SEIM is used to prevent the threat of information.

Lets’ have a detailed overview:

Why is Antivirus not enough?

It has been understood by all and sundry that cyber threats require deploying additional capabilities to deal with the intention of the attacker. It is not enough to track the attack after the incident has occurred. So, a pro-active approach is essential to deal with the emerging security concerns and threats.

Therefore, implementing validation policies and antivirus programs is not enough. It is because; data protection requires the organisations to get better insights into the attacker's mind to understand his moves. No doubt, modern day data security has become this much complicated.

In this way, artificial intelligence, machine learning is used to implement user and entity behaviour analysis to determine the probability of potential cyber-security attacks. Therefore, the security strategy has become more than “if” leading to “when” which is not possible by deploying simple antivirus programs.

User Activity Monitoring and Analysis

A rapid response toward the complex cyber breaches is the monitoring and analysis of user activity. Various software solutions are available in the market to offer compact security based on computing devices, networks, and other organisational assets monitoring.

The core idea is to protect the company information from attackers and secure all IT resources from where the attacks can compromise information security.

How User Activity Monitoring Systems Work?

The chief objective of EUBA is to safeguard the information from malicious intent. The working processes go beyond just compliance and response against the threats to ensure protection and elimination of such activities which can let the attacker enter into the system. The principal activities of the system include:

  • Proper recordkeeping of all events and user sessions
  • Log collection, monitoring and analysis
  • Inspection of network packets
  • Keystroke inspections and logging
  • Kernel monitoring and supervision

Therefore, every single piece of information is collected and assessed on the basis of user behaviour analysis to identify malicious motive or activity. The response is prepared accordingly.

Advantages of User Activity Monitoring

Monitoring usually accumulates the massive sum of data own by the organisation. The objective is to inspect every activity of the user to protect the system. It requires adequate financial and material resources; however, the benefits are enormous. A few are given below:

  • Detail inspection of the data assets
  • Proper monitoring and reporting
  • Reduced risks of inappropriate activities
  • Timely action against malware

Conclusion

To sum up, cyber security vulnerability encourages the companies to devise new ways of protecting data. It is owing to the reason that traditional methods of securing data are limited in understanding user behaviours. So, the protection is done when an incident occurs.

However, it is essential to adopt a pro-active approach toward information threats. Therefore, it is in the better interest of the organisations to deploy their data protection strategy based on inventive methods such as entity and user behavioural analysis –EUBA.

It not only enables the organisations to offer pro-active methods of security solutions but also increases the probability of data integrity in the long run. Remember! Don’t just rely on antivirus programs when you can analyse negative behaviours before cyber-attacks.

 

Importance Of Cybersecurity Strategy In The Banking Sector

Cybersecurity is not just terminology but a comprehensive field of study. It is intended to offer an adequate understanding of potential threats and risk management strategies to ensure data protection.

No doubt, data breaches have become a nerve-wrenching issue because organizations are facing information threats in one way or the other.  It has given rise in the consciousness of devising a comprehensive data integrity policy to analyse potential risks, detect anomalies and ensure data integrity.

Professional Cyber Security for Banking Sector

So, it is imperative to reconsider the questions that why securing data is critical? Why are organizations so much concerned towards protecting their data assets?

The world is becoming extremely digitized with every passing day. It is owing to rapid advancement in technology. Therefore, information is stored in the soft format to preserve physical resources. Every organization does the same, but financial institutions are in dire need to protect their data assets from attacks.

However, modern methods of preventing information attacks are primarily based on threat intelligence due to the efficiency and effectiveness of security measures.

Cybersecurity in Banking Sector

Therefore, cybersecurity is crucial for banking sector owing to its scope and significance. Financial institutions such as banks are under grave cyber-attacks in various ways. So why it shouldn’t be?

It is evident that where there is money, thieves are behind that place for sure. However, cyber threats have made robbery more complicated to be detected and prevented. To assist the financial institutions, many data support services are offered by various professional cyber security agencies which have made detection of malicious user behaviors easy.

Why is it Crucial for Banks to implement Cybersecurity?

The latest security attack on the Tesco bank UK has given a shock to various financial institutions. It is hard to believe but true that the loss stands at around £2.5 million. So, the answer of why banking sector needs to implement robust cybersecurity is simple – to protect their data and monetary assets.

Other factors are as given:

Bank Reputation Is On High Stake Owing To Data Breaches

Whatever a bank can have is the reputation because people trust the bank for the safety of their money. Therefore, data attack can cost the bank to lose its exceptional status. Consequently, it is imperative for the bank to implement a foolproof cyber strategy to deal with malicious activities.

Banks have to face penalties for non-compliance

Every state imposes some regulations on the financial institutions to comply with. It is the prime responsibility of the bank to ensure the safety of financial and information security of its valuable clients.

In case the bank shows negligence to ensure compliance with the regulations and obligations, it may have to face severe penalties. So, what a bank can do except to implement a comprehensive cybersecurity strategy.

Therefore, many banks are adopting cyber threat intelligence based protective policies to stay ahead in the game of cyber assets management.

Higher loss of money and time 

Security breaches are a potential threat for more significant loss of money and time. It not only deteriorates the trust of clients but also left them empty-handed. Therefore, it is necessary to untangle the actions of data attackers to eliminate the risk of money loss. 

Sensitive Information of Customers get Exploited by Hackers

The attacker usually exploits not only the money but essential data of the client for their vested interests. The data can be used for any harmful purpose including the terrorist activities.

Therefore, the bank must have sufficient strategy to deal with such issues to protect the sensitive information of their clients.

Banks are the active target of cyber-criminals

It goes without doubt that cyber-criminals get attracted towards banks. It is owing to the reason that banks have a massive amount of clients’ information, credit cards authentication data and other related content. So, the attackers can have much more benefits of hacking details from the banks.

Conclusion

Cyber-criminals exploit the financial institutions in different ways to proceed with their evil designs. Therefore, it is highly suggested to the banking systems to ensure proper operations of security based on cyber threat intelligence. It not only helps them to secure their assets but also get aware of the potential threat before the actual incidents happen.

Best Cybersecurity Strategy for Small Scale Business

At times, business owners who own small-scale business think that just because their business is small, therefore hackers and attackers will not care about it. If you are one of those businesses, then you are profoundly mistaken.

But according to United States Congressional Small Business Committee, 70 percent of cyber attacks occur at businesses that have less than 100 employees. Therefore, do not think you are safe because the security of your small business can be breached.

Hackers attack a business to gain access to personal data, credit card information and other details. A small business might have the less of valuable data as compared to the large enterprise, but the security network system for small business is also weak. In other words, it is easy to breach.

Specialized team of security consulting KSA has the strong passion for providing the security protection services to the clients against the security threats. 

Best Practices in Cybersecurity for Small Scale Business

Small business has the least protection for the security threats because they lack time, budget, lack of expertise and proper security team which will ensure that network is safe and secure. All these elements make the cyber attack even easier.

However, there are ways to gauge this concern for cyber attacks and handle them effectively.

 

Firewall usage

Use of firewall is one of the easiest ways to secure your server and network. It is essential that small business is setting firewall because it will bring a protection layer between data stored and cyber attackers.

Along with external firewall, several companies are also taking a step and employing an internal firewall to provide additional security to data, network and server. This will ensure that internal server is safe from the external threats.

 

Cybersecurity policies

Well, having trust in the capabilities of the employees is one thing but working strategically on different aspects of business is another thing. It is important to have a company where everything is well-documented that includes cybersecurity policies.

These policies will ensure that if any employee take any document and devices outside defined network and it has been misused then what actions can be taken against the respective employee.

The company should have set the policies and communicate to the employee on their first day, so they are well aware. The policies devised should be clear and concise as well as language should not be ambiguous. Professionals from managed security services provider can help you devise the policies and check the standards.

 

Enforcing safe password practices

Have you been in a situation where you have to set a password but you cannot think of any password which has upper case, lower case and number involved?

We all have been there! It is hard but security institute that it is because to save data from hackers. According to research studies, a data breach occurs because of stolen or weak password. Mostly at the workplace, people generally keep their passwords really simple and often their acquaintances know about those passwords without thinking about the issue of cybercrime.

It brings along two problems, first obvious one is a security threat and the second one is integrity with the company. For both of these reasons, the company needs to ensure that all employees follow the safe password practices which means the password should be strong and changed often.

It is also recommended to change the password after 2-3 months.

 

Anti-virus software

Small business can also install the anti-virus software. There are several phishing emails which might come in your server and your employees will end up opening the emails.

Phishing emails generally result in malware and loss of data so for that reasons, if antivirus or malware is installed then the impact of these emails or malware will not be as much as it would have been without anti-virus.

There is a range of software available in the market, but it is your IT officer who can decide which one will suit your business needs and security concerns. 

 

Final words - Regardless of the size of your business you need to have a sound security system for your data and network. Because of technological advancement, the types of cyber attacks are increasing which means businesses have to upgrade their security systems.

How to Use Threat Intelligence to Avoid Malware?

The 21st century is recognized as the era of information. It is owing to the reason that information sharing has become extremely widespread and almost every industry is dependent on successful storage, retrieval, manipulation of data across the world. It has given rise to the concerns of data security.

Yes! Information security is one of the most critical requirements for information sharing. Without it, nothing is possible to be done with people’s data. Therefore, protection of cyber data has become a prime objective of all organisations regarding of their size and nature of the business.

How to Use Threat Intelligence to Avoid Malware

As a result, cybersecurity has gone beyond just blocking the known viruses and threats.  The field has triggered much more development in order to make a comparison of access devices and networks to the next level of data protection.

Why Data Security Requires Intelligent Countermeasures? 

It is the reason that threat intelligence is getting popularity over the past few years in giving a breath of relaxation. The technology enables the organisations to get aware of the malicious behaviors of the network users to adopt a proactive approach towards unknown threats.

Why Data Security Requires Intelligent Countermeasures

The concept is based on comparing and contrasting the network intended to be safeguarded against potential threats and malware to devise counter strategies. Therefore, data security is in dire need to get specified systems based on AI and machine learning to counter appropriate targets.

Of course, cyber protection requires much more than just blocking threats, but elimination and countering malicious behaviors of users is the top priority of security organisations. So, prevention from threats is critical, but the elimination of risks is crucial.

Tips to Combat Malware Using Intelligent Cyber Security Measures

Data security strategy of the organisations must be aligned with their resource allocation and distribution of data assets in order to make information protection strong.

It is imperative to note that any loophole in the security strategy can cause exploitation of huge amount of personal and organizational data. So, implementing a foolproof plan based on intelligent security analytics can help to beat threats successfully.

To trigger your mind, the report of Barkley “2017 Malware Trends Report,” points out that malware is becoming click-less as a trend of the modern day. Now, data is hacked without generating asking the users to click on a link or perform any activity. This trend is highly legitimate in terms of exploiting large data without making the information owners conscious.

The following tips can be highly useful to fight against malware and other related cyber-attacks using intelligent technology:

Keep Aware with emerging Malware Tactics and Trends

No doubt, various organisations keep their pace up to remain aware of emerging threats, malicious codes, and malware. Sometimes, it becomes extremely difficult to match the speed of malicious minds because malware is creating complexities of detection with every passing day.

Keep Aware with emerging Malware Tactics and Trends

So, instead of keeping an eye on already detected malware and viruses, it is better to stay aware of the trends and techniques used for data attacks. It is suggested to use threat intelligence in order to observe suspected behaviors. 

It will help you to understand the intention and possible outcomes of malware activity. In this way, you can get familiar with the nature and objectives of the security threat. The comprehension of potential risks gives an edge to the organisations to stay prepared for combating security hacks.

Produce Collections Using Email

It is easy to figure out and track security threats using curated threat intelligence. The organisations are required to generate collections in order to streamline data security investigations to protect data used in marketing campaigns and related things.

It can be done in both ways, manually or automatically. Get the assistance from experts in order to stay ahead in managing information.

 Design a Personalized Watch list

One size fits all strategy has become obscure and is not going to work. It is owing to the reason that threats are growing highly complicated and smart in their areas of operations. Therefore, it is imperative to tailor a customized strategy based on organisational needs and requirements.

It is advised to design a customized list of areas to be watch and generate alerts. Security analytics can be implemented to get pertinent information related to data vulnerabilities in time.

Takes Away

To sum up, information security is critical for the survival of organisations. It is the reason that huge amount of budget is alone allocated to secure data assets. However, it is not enough.

Remember! There is always room for improvements, so keep on exploring different ways to fight malware using threat intelligence.

Source: http://securityconsultant.webstarts.com/blog/post/how-to-use-threat-intelligence-to-avoid-malware

 

See Also:

All You Need To Know About Endpoint Detection And Response (EDR)

As the hackers are leveling up their game by finding new ways to breach the security system, therefore, it is high time for the programmers and developers to bring something as safe as they could.

There have been many techniques and tools which are being used to secure the system. EDR is one of the latest hypes and is a new way to security solutions.

EDR stands for endpoint detection and response which a new solution to the security concerns. According to the definition of EDR, the tool is being used in the detection and investigation of any suspicious activities which are occurring at the host or the endpoint.

endpoint-detection-and-response-EDR-UK

EDR UK provides a range of services which will enhance the visibility of binary services and connections. In the EDR, an agent is installed at each endpoint which will ensure the continuous monitoring of the potential threat able to harm the system.

The agents installed at the endpoint then monitor the network and the endpoints. The information from the monitoring is recorded, and further analysis is carried out based on that information.

Why should any organization have EDR tool?

One of the primary advantages for the EDR is that it protects the system and organization against the advanced level threats.

The endpoint is the region where the hackers usually attack, and this monitoring provides a precise observation of how hacking is being carried out.

Endpoint monitoring also provides information regarding the how files are being accessed, process actions, network information, and changes in the endpoint configuration.

Also, the new addition in the security protection tool is also addressing the need of tackling the new threats hackers are using to breach the security system.

What are the benefits of employing EDR in an organization?

EDR will provide more enhanced visibility as it does not only give the file name or other relevant information but it also includes information regarding host-based details and the processes which are being carried out.

The event information or processes are then being used to determine any apprehensive method of relationships, the odd connection of networks, credential pilfering, and other potential behaviors which can compromise the overall security of the system.  

Once the suspicious event is being detected and identified then EDR tool will help you to respond to the threat on urgent basis. You can do this by checking the end point of the network or the system and respond to the threat alert quickly.

In other words, EDR helps in enhancing the visibility to the servers and endpoints, but the timely management of the potential threat can help secure the network or the server. Siconsult.com offers the services which will determine the unusual activity or process on the network or the system as their experts have been detecting the problems at endpoint for a while.

EDR and Antivirus:

Antivirus was once used to protect the overall system and endpoint to be specific. Antivirus software has been used to protect the malware or any threat which impact the system and provide a professional option for removing the malware from the system.

EDR is a more advanced system, and in no way, it can replace the use or importance of antivirus. Because antiviruses detect and block the threat which is harmful to the system or network. However, EDR works complementary along with the antivirus and figure out the root cause and identify the endpoints which are infected and then prevent the problem.

Even though the visibility has increased with the EDR tool but still your network and system need intrusion Detection and prevent System, next-generation firewall and other security measures.

EDR services providers in UK not only has robust threat hunting capabilities but also be a useful resource in detecting unusual behavior by the system or the user.

Lastly - EDR is a novel technique which will enhance the data protection and make the overall system more secure. Even though EDR is still evolving but because its capability to identify detailed information regarding the threats, most of the agencies are employing the EDR tools and techniques in the security solution of their enterprise.

Threat Intelligence Ensures Effective Security of Cyber Data

The evolution of technology has brought about radical changes in today’s world. Be it the rise of new industries, structured work processes, skill set requirement and, in general, the definition of success.

Organisations are competing on a massive scale and are in a continuous process to sustain in the market. They also strive hard to exceed their competitors in terms of deliverables, growth and revenue. However, constant progress is only possible with an environment that provides maximum opportunities and minimizes threats.

Threat Intelligence Strategy

On one hand, companies face internal threats comprising incompetent resources, weak change management or instability in the organisational culture. Not only this, there are external threats including market competition, fluctuating economic conditions or simply cyber security.

This proves the need for organisations and businesses to take strong measure to stay protected from all sorts of cyber-crime.  This may include data theft and manipulation of information by external factors.

Threat Intelligence and the Chronicles of Cyber Crime

Did you know that according to Verizon’s 2015 DBIR, a financial loss of $400 million was estimated from 700 million compromised records? This resulted from a whopping number of 79,790 security breach episodes.

To develop such a strong shield requires organisations to stay alert regarding potential threats, recognizing their patterns as well as ways to resolve them before they are a source of damage.

This process is termed as “Threat Intelligence (TI)” or “Cyber Threat Intelligence (CTI)”. It entails an organized approach towards the acquisition, retention and analysis of information regarding existing or potential threats to the organisation.

Levi Gundert is the Vice President of Threat Intelligence at Recorded Future. Gundert defines TI in two interdependent categories: Operational and Strategic.

Operational intelligence is created by computers including identifying data and collecting it by analysis. Strategic intelligence, however, is done by human analysts and embodies a more complex procedure. So, it involves the recognition and investigation of an organisation’s assets, such as infrastructure, work force, clients and vendors. [3]

It is no surprise that there has been an exponential rise in the threat intelligence security services spending globally between 2009 and 2019. In 2018, this spending has been forecast to 1461.2 million U.S. dollars. [4]

So, how can threat intelligence (TI) help?

Simply put, TI can help organisations recognize and overcome important issues that may include:

  • Staying updated on the ever increasing information on security threats e.g. potential targets, methodologies and possible vulnerabilities
  • Being proactive in devising solutions for possible threats to your organisation with reference to the organisation’s potential areas to threat
  • Informing organisational leaders and keeping them aware about the existing dangers and possible repercussions of different security threats

Sources and Implementation

Despite the criticality of TI, organisations face many obstacles and problems in implementing an effective system for cyber security.

In a 2017 survey by SANS, 53% respondents termed lack of trained staff and skill set as the most significant obstacles to an efficient CTI program. In the same survey, 50% organisations cited lack of funding as a major hindrance whereas 42% considered limited time as a prominent factor. [5]

Matt Bromiley, the author of SANS white paper “Threat Intelligence: What It Is, and How to Use It effectively”, claims that the sources of intelligence play an important role in improving an organisation’s ability to stay secure with TI. Bromiley categorizes sources for TI as Internal and External.

Internal sources encompass data points and information from within the organisation. Malware infections and other similar issues experienced on a daily basis.

These issues may seem random and irrespective of each other, however, these may prove to be a good source for analysts to organize the seemingly incoherent pattern into potential information. This also enables organisations to convert unrelated incidents into “enterprise intelligence”.

Bromiley highlights the following steps for implementing and utilizing an efficient Threat Intelligence solution: [2]

Defining TI:

This is the process of how TI is perceived and defined with reference to the corresponding organisation, all the while setting realistic and appropriate expectations.

Sourcing TI:

Sourcing TI involves making the best of internal as well as external sources to meet the requirements of the organisational.

Making TI Actionable:

This is a critical part that encompasses more than just collecting data points. Instead, it focuses on how to effectively implement intelligence findings throughout the organisation.

By following these steps, organisations can more effectively plan out their requirements and implement a TI program, accordingly.

What factors does your organisation take into account in designing and creating its Threat Intelligence mechanism? Share your thoughts with us in the comments below.

Article Source:

http://managedsecurity.strikingly.com/blog/threat-intelligence-ensures-effective-security-of-cyber-data

 

References:

  1. https://thehackernews.com/2015/11/what-is-cyber-threat-intelligence.htm
  2. https://www.sans.org/reading-room/whitepapers/analyst/threat-intelligence-is-effectively- 37282
  3. https://www.recordedfuture.com/levi-gundert-interview/
  4. https://www.statista.com/statistics/417588/threat-intelligence-security-severices-spending- worldwide/
  5. https://www.sans.org/reading-room/whitepapers/threats/cyber-threat-intelligence-uses- successes-failures-2017-cti-survey-37677

 

 

 

User and Entity Behavior Analytics (UEBA), Its Procedure and Benefits

There is a rapid advancement in the field of IT, and many people across the globe are employing the IT services. For this reason, the companies are trying to make their systems, and IT networks as secure as it possibly can be. The way systems and networks are being secured are advancing at the same rate.

The reason is those old security setups no longer work in the field as the hackers have found a way to bypass and breach the security.

There are several reasons which can be used to reason why IT security system is rapidly changing.

  1. The number of devices each person is using as well as the type of devices every other person is using may set out the access to the corporate assets.
  2. Cloud-based storage can be accessed beyond the setup security system
  3. The access has been borderless which means that all the devices can be accessed anywhere at any time.

User and Entity Behavior Analytics UEBA

Because of these posing threats, User and entity behavior analytics (UEBA) or entity and User behavior analytics (EUBA) is a type of security procedure aims at providing top-notch security to the organization.

As a side note- EUBA and UEBA are used interchangeably!!

What is UEBA/EUBA?

Old systems for security are out-dated, and hackers can easily break into the personal emails, firewalls, and other setup. The new UEBA or EUBA is the latest security product which takes into account the behavior of the user in normal circumstances.

However, when there is a deviated behavior observed for that user, it detects the abnormal behavior and provides alert. 

Take for example, if someone uses specific files or download 10 MB files usually but all of the sudden the person starts to download files of larger capacity. The behavior change will be captured by EUBA and generate an alert.

EUBA is basically a machine learning algorithm and statistical analysis to understand the change in the regular pattern and how these changes can become the potential threat in future.

How Does EUBA Work?

Well! EUBA works on the behavioral pattern. It has the premises the username or password can be stolen or forged, but one cannot easily duplicate or perform same behavioral patterns in doing something.

Let's say someone gets hands on your credit or debit card and starts using that for shopping. However, the pattern of shopping is not similar to your regular pattern then the company's fraud detection system will capture that and alert you.

It will also block all the purchases that person has made.

EDR UK provides the visibility into the system process, networks, execution, and critical system resources.

Benefits of UEBA

There are specific benefits which come along with UEBA/EUBA

  • Insider threats

There will always be someone in your company who will not be as sincere about the credential or in general with the company as you expect them to be.

Employees are going to steal the information, breach the data security and misuse the privileges provided to them. That is when the role of UEBA/EUBA strikes in. UEBA will help the organization is detecting the data breaches, stolen information or any other sabotage made by the workforce.

  • Compromised accounts

At times, without any unethical intention, users might install malware or even at times the accounts are spoofed. That is when UEBA will ensure the security by weeding out the accounts which might be harmful later.

  • Hackers attack

Hackers are trying to find a way in which they can access your system. As they are not aware of the passwords or other credentials so they will try different passwords and make several attempts to get the access. But with UEBA, this hit-and-trial method for the passwords and other force attempts can be detected. With timely detection, these actions can be blocked.

  • Protected data breach

If your organization has secured or protected some data using a security system, then it is essential to know that when without any particular reason someone accesses the data. Anyone who accesses the data should have a reason to do mainly a business related sound reason. UEBA will inform if someone accesses the protected data before it is too late.

Source:

https://siconsult.quora.com/User-and-Entity-Behavior-Analytics-UEBA-Its-Procedure-and-Benefits

 

SEE ALSO:

How To Improve Threat Intelligence Strategy?

Information technology has played its magic in almost every field and business world is one of them. It has completely transformed various business operations, providing cloud, and dedicated servers etc. to store data. These technology tools also require high level of data security protection measures. But most of the time companies overlook this factor.

So, the point has been understood that technology has become the first reliance when it comes to the storage, retrieval and manipulation data.  However, cyber intelligence is the factor that is often overlooked by organizations.

How To Improve Threat Intelligence Strategy

Although it protects you from future security threats including bad actors, methods, vulnerabilities and targets in the best way possible.   

What is threat intelligence and why we need it?

From the past few decades the implementation of intelligence in cyber world has received a lot of attention. It is knowledge that enables you to not only identify security threats but also deal with them and make informed decisions. You can get more proactive about the future security threats through this.

Although the terminology has been defined by various dictionaries in different ways, but the authentic explanations are as given:

Threat intelligence is defined as evidence-based understanding of security threats using context, indicators, mechanisms, implications to give an actionable advice. Further, emerging threats are detected using existing patterns and Meta data in order to make decisions and detect menace of data threats. – Gartner

The set of data collected, assessed and applied regarding security threats, threat actors, exploits, malware, vulnerabilities and compromise indicators – SANS Institute

threat intelligence

As long as security breaches and threats are concerned, every business is looking for ways to protect their information. The threat is always there due to our high reliance on these information technology tools. There is tremendous pressure over organizations to manage data security threats.

Of course, that is no easy feat. 

This phenomenon naturally pulls us towards the adoption of intelligent methods for threats elimination. Before going for a comprehensive strategy there are various questions that you should ask:

  • Why you are looking for secure intelligence management?
  • What are your goals?
  • What you should protect most?

This information will help you to build up your Priority Intelligence Document (PID), which is considered to be the foundation of every cyber security program. 

Ways to improve your threat intelligence strategy

threat intelligence strategy

Who would not look for a strategy that is powerful enough to promise data security without compromising business needs?

Of course, everyone will.

Let’s not forget that many data breaches do not occur just because of malwares or cyber security issues, they happen due to careless online activities. But there are numerous ways to improve your organizational data security that are following:

Buy or Build? Choose wisely

Let’s get straight but the bad thing about the strategy is that you can never have it enough.

As a small company you may have few technology professionals who fix their gaze to protect their organization’s network and data. With passage of time they may realize that their job is getting big. They more they find, the more they get.

Eventually a point comes when they become aware about the shortcomings of their network and system development.

Now the question is whether we should build or buy? It is vital to choose wisely at this point while keeping in mind the organization’s profit, time and resources.  

If you have the right resources to build a powerful system that will suffice all your security needs then go for it. No one can understand you needs better than you.

A constant check

Prevention is better than cure.

The same goes for intelligent strategy of threat management, as the threat landscape is changing at a tremendous rate. Keeping yourself in check would be a great investment to save your organization from future threats. If you have hired a threat analyst then engage with them. Get all the required information and act accordingly.

Pick the right threat analyst who will be capable enough to ward off threats before impacting the organizations operations and efficiency.

Fill the knowledge Gap

The process of information protection can be as complicated as you take it to be. There is a huge knowledge gap that we need to cover. Sadly, many organizations are not even aware that why they need it. Sometimes even analysts do not covey the information properly, as they lack the ability to translate all the cyber threats properly. That results into data loss.   

In conclusion, improving your strategy and taking these threat intelligence measures will benefit you in long run. Your organization’s data will be protected from future threats and malwares. 

SEE ALSO:

Cyber Security And Risk Assessment

Cyber confidence is significant for businesses, customer trust and reputation, it is dependent on consistency between threat and security. Cyber-security is the frame of technologies, techniques, and procedures in order to safeguard data, programs, computers, and other security networks.

A threat regarding cybersecurity is a potential case of damage to the digital system and network. Businesses in all its forms are increasingly adopting digital technologies. With the increase in cybersecurity threat, enterprises are facing risks every day. It is essential to manage risk, and risk assessment is the fundamental step. Risk assessment is an integral part of safety management plan, and it is significant for medium to large enterprises. In 2017 alone China has lost 66.3 billion dollars in cybercrimes.

Cyber Security And Risk Assessment

Risk and threat assessment is an obligation in modern businesses or else you are exposed to threats. The process should be aligned with the business goals to mitigate risks efficiently. Security threat and risk assessment regarding digital technologies are strategically significant in the 21st century.

The question here is that how risk assessment can be performed on cyber-security threats? Risk assessment is usually performed on all kind of systems, applications, processes, and functions. But on practical grounds, no organisation can conduct a risk assessment on all of its functions and processes.

Keeping the complexities in mind the first step would be to make an operational framework that is compatible with the scope and size of the organisation. It will consist of detection of an external and internal system which may cause risk to the operations or the process. The examples can be, legally sensitive or protected data like health care, finances, and credit cards. Based on this you can create schedules of risk assessment to cost effectively protect the assets.

After you determine the framework, the next step is to tackle with the individual process for risk assessment. While going through each process, it is significant to note down that there are a lot of categories of risk that can affect your enterprise. Like

Strategic Risk

It is a kind of adverse business decisions, or failure to employ the decision in a way that it is consistent with core policies of the firm.

Reputation Risk

It is the risk which is related to the reputation of the organisation. The public opinion is often significant to the organisation.

Operational Risk

Sometimes faults of employee or failure in the internal process are causes specific process to fail.

Transactional Risk

It is related to the failure of product or service delivery.

Compliance Risk

The violation of regulations and rules to the underlying policies of the organisation is categorised as compliance risk.

Security Risk Assessment

Step Towards Risk Assessment

The necessary step to risk assessment are;

Characterisation of the System

The characterisation of the system is key to determine the threats

  1. What is it?
  2. The data it uses?
  3. The vendor?
  4. The interfaces?
  5. The system users?
  6. What is the flow of the data?
  7. The storage of the information

Threats identification

It is a significant step in which possible threats are analysed against the system. Every risk assessment contains some common threats which are as follows.

  • Access Authorization

Unauthorized access can be accidental or due to the malicious attack. It could also be a hacking attempt or due to malware infection.

  • Misuse of data by a privileged user

It often happens when an authorised user accesses the sensitive data beyond its official requirement for personal benefit or motives.

  • Loss of data

Data loss usually occurs due to poor execution of backup processes.

Determination of security threat and risk assessment

The characterisation of impact in case of threat assessment is done as follows

  • High-Substantial impact
  • Medium-Damaging but a recoverable impact
  • Low-minimal impact

Risk Rating Calculation

There are a lot of calculations required based on the ton of information to assess the risk. But if we keep things simple, it all comes down to a simple equation which will help us to understand it.

Impact * Likelihood = Risk Rating

The result can be imagined as follows

  • Severe

In these conditions, necessary remediation is required.

  • Elevated

At the elevated level of risk, the remedy to the problem needs to be found in limited period.

  • Low

The low threat level is adequate and continuous monitoring is performed to save the organisation from the disaster.

Risk assessment is an integral part of the cyber-security threat rectification and is now adopted by many organisations across the world.

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