IBM Watson for Cyber Security Beta Program Launches with 40 Clients Globally
Cognitive Systems Cited as New Priority by Nearly 60 Percent of Security Professionals
Dec 6, 2016
ARMONK, N.Y., Dec. 6, 2016 /PRNewswire/ -- IBM Security (NYSE: IBM) today announced that global leaders in banking, healthcare, insurance, education and other key industries have joined the IBM Watson for Cyber Security beta program. Sun Life Financial, University of Rochester Medical Center, Avnet, SCANA Corporation, Sumitomo Mitsui Banking Corporation, California Polytechnic State University, University of New Brunswick and Smarttech will be amongst 40 organizations testing Watson's ability to assist in the battle against cybercrime.
Today's increasingly challenging security environment has created the need for more intelligence to identify and prioritize threats, which is in turn increasing the workload of security analysts with more alerts and anomalies to process than ever. Watson for Cyber Security uses intelligent technologies like machine learning and natural language processing, which can help security analysts make better, faster decisions from vast amounts of data.
A recent study from the IBM Institute for Business Value shows that nearly 60 percent of security professionals believe emerging cognitive technologies will be a critical part of changing the tides in the war on cybercrime.1
"Customers are in the early stages of implementing cognitive security technologies," said Sandy Bird, Chief Technology Officer, IBM Security. "Our research suggests this adoption will increase three fold over the next three years, as tools like Watson for Cyber Security mature and become pervasive in security operations centers. Currently, only seven percent of security professionals claim to be using cognitive solutions."
IBM Watson for Cyber Security Beta Program Underway
Fortune 500 companies and organizations spanning industries such as finance, travel, energy, automotive and education are currently working with Watson for Cyber Security, helping to refine Watson's cyber security capabilities and pilot real-world use cases. Avnet, California Polytechnic State University, SCANA Corporation, Smarttech, Sun Life Financial, Sumitomo Mitsui Banking Corporation, University of New Brunswick and University of Rochester Medical Center are amongst the first set of customers already working with Watson for Cyber Security as part of the initial beta program. The beta program will increase to 40 companies in coming weeks.
These beta customers are leveraging Watson in their current security environments to bring additional context to their cyber security data, with new use cases such as:
Working with these beta customers, IBM is continuing to enhance Watson's understanding of the cyber security data and refine how Watson can seamlessly integrate into day to day security operations.
Study Shows Cognitive Security on the Rise
Nearly 60 percent of those surveyed believe that cognitive technologies will mature soon enough to significantly slow down cybercriminals in the near future. While only 7 percent said their organizations are currently in the process of implementing cognitive security solutions, 21 percent said they will implement these solutions over the next 2-3 years, representing a 3x increase in adoption.
Security professionals also said that the top benefit they expect to see from cognitive technologies is improved detection and incident response decision-making capabilities, which was indicated by 40 percent of respondents. Currently, the average data breach takes organizations an average of 201 days to identify and an average of 70 days to contain.2 Security professionals expect cognitive to play a big part in reducing this time by providing them with better data to make fast decisions.
To download the full report, visit: ibm.biz/cyberimmunity
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