Enterprise Organizations Are Taking Steps to Improve Cybersecurity Analytics

Last week, online retail giant eBay announced that it was hacked between February and March of this year with stolen login credentials of an eBay employee. This gave the hackers access to the user records of 145 million users including home addresses, e-mail addresses, dates of birth, and encrypted passwords. It appears that the hackers made copies of this data so eBay is advising all users to change their passwords.

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Strong opportunities and some challenges for big data security analytics in 2014

My friends on Wall Street and Sand Hill Road will likely place a number of bets on big data security analytics in 2014. Good strategy as this market category should get loads of hype and visibility while vendor sales managers build a very healthy sales pipelines by March.

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The Keys to Big Data Security Analytics Solutions: Algorithms, Visualization, Context, and Automation (AVCA)

ESG research indicates that 44% of organizations believe that their current level of security data collection and analysis could be classified as “big data,” while another 44% believe that their security data collection and analysis will be classified as “big data” within the next two years (note: In this case, big data security analytics is defined as, “security data sets that grow so large that they become awkward to work with using on-hand security analytics tools”).

So enterprises will likely move to some type of big data security analytics product or solution over the next few years. That said, many CISOs I speak with remain confused about this burgeoning category and need help cutting through the hype.

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Defining Big Data Security Analytics

At the end of 2012, ESG conducted a research project looking at big data security analytics from the demand-side. It turns out that market demand is already apparent -- 44% of enterprise organizations consider their security analytics “big data” today, while another 44% believe that their security analytics requirements will be regarded as “big data” within the next two years.

Okay, enterprise organizations need big data security analytics solutions today; but just what is a “big data security analytics” solution anyway? ESG just published a market landscape report to answer this very question by looking at the supply side to gauge existing solutions and future directions for big data security analytics.

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