Software major IBM has devised a new high-speed analysis and criminal investigation software to detect cases of cybercrime in East Africa
According to The Center for Strategic and International Studies (CSIS), cybercrime costs the global economy US$445bn each year. With the help of IBM’s i2 Enterprise Insight Analysis, non-obvious relationships hidden in data can be detected, stated officials from IBM.
By fusing multiple data sources, organisations can gain complete visibility into threats across the enterprise, allowing companies to change the way they protect sensitive data from online attacks.
Maria Vello, president and CEO of the National Cyber Forensics and Training Alliance (NCFTA), said, “Organizations can’t afford to take a reactive approach to cyber defense, nor can they do it alone. The speed of threat is too great, and today’s attackers are far more technically advanced, proficient and organised than ever.
Threat analysts and investigators need the ability to look at every possible data set and relationship – no matter how distant or unrelated they may seem – and be able to make key associations and correlations in seconds. The new IBM i2 offering is an impressive tool in its ability to quickly analyse these massive data sets in near real time to paint a complete picture of the threat.”
The software operates at high speeds and on a massive scale, by analysing data to discover weak-signal relationships that reveal the true nature and source of an attack. This way, the data-to-decision process is accelerated. Additionally, the IBM i2 Enterprise Insight Analysis can complement existing security or fraud solutions with additional features, such as enhanced visualisation capabilities, open and modular architecture that scales as needs change, interoperability inside and outside the organisation and out-of-the-box functionality, added IBM officials.
