Cybercrime is evolving at drammatic speed and at every moment, hackers and attackers are figuring out new strategies to compromise organizations and industries. The cybersecurity sector must not fall behind these attackers.
But the number of technologies claiming to create cybersecurity is vast. Organizational spending and reallocating investments to the right network security sector can help reduce cost of cyber breaches. A recent report produced by Accenture, with an independent survey by the Ponemon Institute indicates that among the higher-valued security technologies per cost; machine learning tools and extensive use of cyber analytics and user behavior analytics, have a high return on investment – in other words, they can bring a greater security benefit for a lower cost. Yet, conversely, Accenture reports that these high value technologies are under-deployed compared to other tools in the marketplace.
MENDEL, from GREYCORTEX makes extensive use of machine learning and behavior analytics to identify cyber threats, protecting the network from attacks which would be unknown and unseen by other security tools.
To find out more about MENDEL’s machine learning technology can help you, or to schedule a demonstration, contact your local GREYCORTEX partner, or GREYCORTEX directly.
With this findings comes opportunity to focus on the right technology to protect a company’s assets.
Study and images are found in the following study: https://www.accenture.com/t20170926T072837Z__w__/us-en/_acnmedia/PDF-61/Accenture-2017-CostCyberCrimeStudy.pdf
About Version 2 Limited
Version 2 Limited is one of the most dynamic IT companies in Asia. The company develops and distributes IT products for Internet and IP-based networks, including communication systems, Internet software, security, network, and media products. Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 Limited offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.
GREYCORTEX uses advanced artificial intelligence, machine learning, and data mining methods to help organizations make their IT operations secure and reliable.
MENDEL, GREYCORTEX’s network traffic analysis solution, helps corporations, governments, and the critical infrastructure sector protect their futures by detecting cyber threats to sensitive data, networks, trade secrets, and reputations, which other network security products miss.
MENDEL is based on 10 years of extensive academic research and is designed using the same technology which was successful in four US-based NIST Challenges.