Data breaches have become a significant threat to companies and their customers alike in the last few years. With personal information being stolen as a result of these breaches, corporations are faulted for their failure to protect consumers. One tech company is offering corporations their expertise in data security.
As a business, Cloudwick is focused on providing data analytics and cybersecurity to large companies such as Comcast, JP Morgan, and Target (among others). A primary goal of theirs is to combat “malware, ransomware, Advanced Persistent Threats (APT), Data Loss Prevention (DLP), insider threats, denial of service, botnets and nation state attacks.” With this goal in mind, Cloudwick utilizes Open Source Adaptive Security (OSAS).
Many security systems rely on analysis of event-driven architecture (EDA), examining changes within a system (such as a customer’s account changing from “logged out” to “logged in”), otherwise known as “events.” Some of these events are benign, such as legitimate transactions, while others indicate foul play. Cloudwick claims that while most cybersecurity options for businesses can only analyze millions of events daily, OSAS allows them to analyze billions of events each day. Furthermore, OSAS is designed to reduce the number of “false positives” produced by analysis, ideally ensuring that companies spend less time dealing with erroneously-reported attacks and more time addressing genuine threats. OSAS is meant to be a more powerful, more efficient cybersecurity solution.
As the information age continues to advance rapidly, such measures are becoming increasingly necessary. For the sake of consumers, corporations need to beef up their cybersecurity in order to maintain pace with the kind of threats they are likely to encounter. Failure to do so has aroused the ire of customers, and rightfully so. When people give money to a company, and they trust that company with their personal information, they should be assured that such a choice will not result in disaster. Accordingly, tech companies are competing to provide corporations and their customers that peace of mind. Cloudwick strives to be at the forefront of that competition.