Cybercrime has evolved over the years. Cybercriminals are smarter and more sophisticated with their online attacks. No longer is cybercrime an event that major corporations alone have to worry about. It has become an issue every business (large or small) and private individuals have to contend with. Recent trends show that hacking and data breaches are increasingly more common. Fortunately, data science is helping to fight cybercrime by highlighting system vulnerabilities so efficient cybersecurity solutions can be adopted.
An introduction to Cybeta’s framework
Cybeta has made it easier to incorporate data science into your cybersecurity program. Threat BetaTM, Threat AlphaTM, and Cybeta Overwatch® are designed to help you identify, prioritize, and mitigate cyber threats prior to impact. This innovative software developed by U.S. intelligence-trained experts offers you a predictive edge that reduces threats faced by your business. The main objective of Cybeta’s framework is to protect users at all costs and here is how data science has been incorporated and used to help catch cybercriminals and fight cybercrime.
1. Data science analyzes software used by criminals
One of the biggest advantages that data science has is that it can rely on the fact that cybercrimes are most often committed by human beings. Why is this advantageous? Because human beings are prone to error and these errors when analyzed can be the game-changer when it comes to catching criminals and fighting cybercrimes.
For example, in 2016, a $1 billion dollar cyber heist was launched against the Bangladesh Central Bank. The hackers orchestrated what would have been a perfect crime had it not been for one mistake – a spelling error on a transfer order. This seemingly innocuous detail caught the attention of banking officials who put a stop order to the transactions thereby putting an end to the robbery.
Analysis of the malware used in the case of the Bangladesh case revealed that it was of similar origin to malware used earlier in the 2013 Sony Pictures attack and a series of other crimes in Asian OECD countries. Who was behind these attacks? A North Korean group of hackers who go by the name Lazarus Group.
2. Data science has helped perfect the honeypot concept
Perhaps you’ve heard the term ‘honeypot’ being used by your IT security team. To be fair, it’s a concept that’s been around for a while now which has simply been perfected by the additional knowledge and insights provided by data science. The theory behind the strategy is pretty straightforward: create something attractive that’ll capture the interest of cybercriminals and sit back while you wait for the attackers to appear.
It’s a strategy used to lure and catch cybercriminals. The honeypot is often a computer or computer system that has been configured to mimic the element targeted by cyberattacks. Once a hacker has entered into the trap security teams are able to monitor their movements, where they are operating from, and ultimately what their goal is. Honeypots are another way for your cybersecurity team to learn more about how cybercriminals operate.
3. Data science’s interdisciplinary aspect is utilized
As an interdisciplinary science that combines Business Knowledge with working Computer Science know-how and Mathematics, data science allows investigators to take advantage of each of these areas to catch criminals.
In an article published in the MIT Technology Review, Former Deputy Assistant Director of the FBI’s Cyber Division, Chris Painter had this to say about his work fighting cybercrime and catching criminals: “It’s every investigative technique you can think of. It’s not exclusively following the electronic footprints, it’s pairing that up with good old-fashioned investigations, interviews, and so on, and tracing money that leads to some of the culprits.”
Get the help you need before it’s too late
Cybeta is committed to providing you with cutting edge innovative cybersecurity solutions to fight cybercrime. Keep your business, data, and IP off the Cyber X and stay ahead of your competition with our leading next-generation cyber solutions. Our programs are developed by U.S. intelligence-trained experts. Contact us for custom cybersecurity solutions for your business.