Making a Case for Security Analytics

Security analytics can help companies get more proactive about their security efforts. By Sriram Ramachandran, Niara The impact of a data breach has more significant consequences than ever before, costing organizations between $400 to $500 billion a year, partly due to the expansion of the Internet of Things and the evolving creativity of cyber criminals in today’s complex threat landscape. Being a victim of a data breach no longer results in a slap on the wrist. Instead it can lead to costly fines, job loss, physical damage and an organization’s massive loss of reputation. Case in point: Target. Following its high-profile breach in late 2013, Target suffered large losses in market valuation and paid more than $100 million in damages. As cybercriminals evolve their skills and tactics to perpetrate their…

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