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Security analytics is a combination of software, algorithms, and analytic processes used to detect potential threats to IT systems. The need for security analytics technologies is growing thanks to rapid advancements in malware and other cyberexploits.
One of the biggest benefits of security analytics is the sheer volume and diversity of information that can be analysed at any one time. This data can include, but is not limited to:
By analysing such a wide range of data, organisations are able to easily connect the dots between various alerts and events. The result is proactive security incident detection and faster response times that help the business to protect the integrity of systems and data.
A security risk assessment identifies, assesses, and implements key security controls in applications. It also focuses on preventing application security defects and vulnerabilities. Carrying out a risk assessment allows an organisation to view the application portfolio holistically—from an attacker’s perspective. It supports managers in making informed resource allocation, tooling, and security control implementation decisions. Thus, conducting an assessment is an integral part of an organisation’s risk management process.
Organisations generate massive amounts of log data and events through applications, networks, systems, and users, and therefore require a systematic process to manage and monitor disparate data across log files. Log management is a continuous process of centrally collecting, parsing, storing, analysing, and disposing of data to provide actionable insights for supporting troubleshooting, performance enhancement, or security monitoring.
Incident analysis refers to the process of identifying what happened, why and how it happened and what can be done to prevent it from happening again. From a cyber incident analysis report, both the goal of the cyber-attack and the extent of damage it has caused can be determined. It is a very crucial step of cyber incident response and paves way for the other subsequent steps. This means that without the analysis part then the response plan is deemed to fail.
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