How big data, blockchain and artificial intelligence can improve your cybersecurity
Big data, blockchain and artificial intelligence can take your cybersecurity strategy to the next level.
When we go online, we leave traces of our data behind. We never want our data to fall into the wrong hands.
Organizations that collect our data recognize this as a customer-centric and regulatory requirement; therefore spend a lot of time and money taking active measures to increase cybersecurity.
The enthusiasm for the acceleration of innovation, productivity and sales growth has forced various companies to face digitization. Corporate executives are actively looking for new ideas to be successful in their business. Companies have finally recognized the driver for digitization – data. They aim to collect, access, analyze and use tons of data from different sources in different formats. By interpreting the data received using big data analytics, they can uncover “otherwise difficult-to-see” patterns that can improve their overall business. It is true that organizations always strive to use our data for a useful purpose, but there are several criminal organizations eagerly waiting to steal our information and use it for unintended activities.
With the news of data breaches that regularly hit the headlines, companies are now investing heavily in protecting their assets from hackers. Organizations are behind identifying the right method to contain this growing problem. By establishing a security policy and governance model, companies can restrict access to the data to employees who are connected to the project. At the same time, however, companies should also use one or more of these technologies to ensure cybersecurity at an optimal level.
1. Big data analysis in cybersecurity
With the help of data, companies achieve unprecedented sales growth. But we’ve also seen how this data creates cyber threat risk around the world. What if we tell you the data we collected could solve that risk? Big data analytics can search and analyze various types of data (historical or real-time) and provide information on cyber resilience.
2. Blockchain in cybersecurity
Source: Blockchain Training Alliance
The credentials that we use to conduct online monetary transactions are stored somewhere in the financial services database. The storage infrastructure used by these financial services is usually centralized. But now the case is no longer the same. The incredible properties of the blockchain help protect the data from cyber threats. By using blockchain, companies can store the data in a decentralized ledger on a blockchain network. Every access, every release or every addition to the data in a blockchain ledger requires validation first. The affected participants in the blockchain network must enter the key (combination of private and public key) before they want to record, access or change new data. In practice, it is not that easy for hackers to decrypt the keys. Therefore, blockchain offers companies a secure way to store their digital assets and thus ensure cybersecurity.
3. Artificial intelligence in cybersecurity
Cyber criminals are increasingly targeting companies to steal their digital assets. To counter this, AI can play a prominent role in ensuring cybersecurity. By training the AI algorithm with the correct data on historical threats, the model can provide accurate information about the proactivity of hackers. Effective solutions can then be created after realizing actionable insights into hackers’ activities.
We know that today’s modern technologies have helped us in many ways. But the way these technologies are reaching out to help contain cyber activity is just amazing!