Analytics platform helps agencies fight cyber crime
SAS Analytics has unveiled a security intelligence platform to help government agencies and industry guard against losses from fraud and improper payments, regulatory non-compliance and threats to public security.
SAS Security Intelligence uses a common infrastructure that spans government and industry to address the rise of global cross-channel, organized crime and cyber-crime that impacts financial services firms, government agencies and other sectors, SAS officials said.
An enterprisewide strategy to these affronts increases effectiveness and efficiency. By holistically tracking fraud and security trends and identifying large-scale threats early, countermeasures can have maximum impact, industry experts say.
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"Security and fraud risk exposure is increasing as organizations are threatened at multiple points of vulnerability," said analyst Avivah Litan, vice president and distinguished analyst at Gartner. "Companies are reevaluating how they tackle security since a fragmented approach is consistently leaving organizations at greater risk of attack,” Litan said. As a result, “a more holistic approach to security ensures all layers of protection function together."
SAS Security Intelligence employs continuous monitoring technology and high-performance analytics to assist in preventing losses and improving accuracy. The enhanced infrastructure uses common analytic detection and investigation components to address fraud and security risks across industries.
For example, law enforcement investigators could use SAS Security Intelligence to gain a holistic view of a criminal event, including pre-incident and intelligence gathering, the event itself and post-event and offender monitoring. Additionally, the same investigative and analytical processes followed by law enforcement also apply to commercial organizations, whether they are entertainment companies investigating piracy, insurance companies tackling fraudulent claims or corporations dealing with espionage, SAS officials said.
An analytics-driven approach to security can be applied to address network vulnerabilities, secure payments across financial institutions and government social benefit programs, proactively identify threats against public or national security and support fusion centers and information sharing and used to secure borders, SAS officials said.
SAS Security Intelligence generates accurate results through advanced modeling and industry-specific analytic strategies. The platform deploys real-time decision-making techniques and multiple deployment options to expedite the time it takes to detect and prevent threats, SAS officials noted.