Cybersecurity and big data analytics are two set of technologies that are frequently mentioned by CEOs and CIOs as top investment priorities. But what about marrying the two? Many organizations are not yet there. For example, a recent survey of government cybersecurity professionals found that 86 percent of respondents believe big data analytics could help improve cybersecurity, but only 28 percent are currently fully leveraging big data for security purposes.
Amir Orad has built his career at the intersection of cybersecurity and big data analytics. “When I started 15 years ago,” he told me in a recent phone conversation, “very binary, manual security decisions were the norm. We introduced the use of big data for security by adjusting in real-time the level of cybersecurity based on analytical decisions. It was a new approach.”
Orad co-founded Cyota and patented (with Naftali Bennet and Lior Golan) risk-based authentication, replacing static authentication (e.g., user name and password) with analytics-based risk profile used to determine whether the system needs to ask the user for additional credentials. That helped smooth the online experience for the growing number of Internet users, especially in financial services.
Cyota was acquired by RSA in 2005 and in 2007, Orad joined Actimize, a startup using analytics to detect financial crime, based on its monitoring of billions of transactions at the world’s top financial institutions. After Actimize was acquired by NICE,…