In the era of digital transformation, banks’ security leaders are grappling with the challenges of maintaining a secure digital ecosystem while keeping costs down. With the explosion of touchpoints and data brought on by the digitization of money and services, the banking industry is now a prime target for...
UEBA solutions ingest operational data from many sources and use analytics such as machine learning (ML) and behavior analysis to determine what is normal behavior by human users and non-human entities operating in an enterprise network. Over time, the solution builds standard profiles of behavior for these users and...
According to the Forrester Wave issued in December 2022, the top challenge security analytics vendors face when bringing SIEM, SOAR and UEBA together is making it easy for customers to manage and maintain the offering, says Forrester analyst Allie Mellen.
Splunk has infused its SIEM with user behavior analytics and threat intelligence to better identify anomalies and understand what's going on in a customer's environment, says CEO Gary Steele. Adding UEBA to the SIEM makes it easier for organizations to identify, detect and remediate anomalies.
A surging Elastic has joined perennial stalwarts Splunk and Microsoft atop the Forrester Wave: Security Analytics 2022 report, toppling SIEM players Exabeam, Securonix and IBM. Elastic went from not even being mentioned in the December 2020 security analytics Forrester Wave to leading the industry.
Securonix has snagged longtime Ivanti, BMC Software and SAP executive Nayaki Nayyar as CEO to strengthen product capabilities and customer experience. One of a handful of female CEOs in the vendor community, she doubled Ivanti's total addressable market during her 30 months as president.
A surging Microsoft has leapfrogged to the top of the SIEM Gartner Magic Quadrant, catapulting past security operations stalwarts IBM, Splunk, Securonix and Exabeam. Microsoft has climbed from being named a visionary by Gartner last year to crushing the SIEM market in execution ability this year.
Since Zelle fraud has increased 109% in the United States, the banking industry is struggling to reduce authorized push payment scams. Ken Palla, former director at Union Bank, shares tips for combating fraudsters, including delays on large transactions, education and behavioral analytics.
For any business with some form of digital approach, the most important thing is how the application behaves when in the hands of its end-users. No matter how many tools are used to understand your infrastructure or application, the true test happens when your customers get hands on.
To deliver the best...
Today’s sophisticated cyberattacks combine multiple tactics that include social engineering, zero-day malware and 3rd party OAuth app abuse. Threat actors employ tactics across email, cloud and web that target specific people in your organization to breach your environment and access sensitive data. Hybrid work...
Alphabet's Google has purchased stand-alone security orchestration, automation and response vendor Siemplify for about $500 million in cash, to bolster the threat detection and response capabilities built into Google's Chronicle security analytics platform.
Social engineering scams are on the rise worldwide. In the last year, the number of social engineering scams have increased 57%, and impostor scams were the number one type of fraud reported by consumers, according to the U.S. Federal Trade Commission.
Legacy fraud prevention controls that rely on device, IP and...
Download this guide which highlights 10 tactical prescriptions when evaluating Managed Detection and Response (MDR) vendors for what a provider should be able to offer your business, and Rapid7's approach to each.
Jay Manni believes there was a flaw from the start in the development of user and entity behavioral analytics, and it's resulted in a focus on employee surveillance – not intelligence. He proposes a new strategy to maximize UEBA solutions.
In this eBook, Manni discusses:
What's wrong with traditional...
It is particularly challenging for financial institutions to catch authorized push payment fraud. But behavioral metrics can play a big role in detecting these incidents, says Steve Ledford of The Clearing House.