BARC and KuppingerCole Publish Big Data and Information Security Survey Results

PRESS RELEASE – WÜRZBURG / WIESBADEN, 14th November 2016

KuppingerCole Ltd., an independent, international analyst organization with a strong focus on Information Security, Identity and Access Management as well as all areas concerning the Digital Transformation, together with BARC, a leading enterprise software industry analyst and consulting firm specializing in areas including Data Management and Business Intelligence – have published a joint survey on Big Data and Information Security.

The survey focuses on the role of Big Data analytics in cyber security and fraud detection and explains how Big Data technology can help to increase cyber attack resilience by better detection of attacks, enabling real-time response.

BARC and KuppingerCole’s “Big Data and Information Security” study follows on from three BARC surveys in recent years: “Big Data Use Cases”, “Big Data Analytics “, and “Big Data Survey Europe“. While the previous surveys focused on big data analytics in general, this study concentrates on big data analytics use cases in information security and fraud detection.

The study delivers insights into the level of awareness and current approaches in information security and fraud detection in organizations around the world. It measures the importance, status quo and future plans of Big Data security analytics initiatives across different sectors. Furthermore, it presents an overview of the various opportunities, benefits and challenges relating to those initiatives, and outlines the range of technologies currently available to address those challenges.

The survey was completed by more than 330 participants from over 50 countries across all industries.

Among the highlights of the study are the following results:

  • 55% of respondents cite Big Data as the single most important IT trend
  • IT security was named the second most important IT trend (53%)
  • Only 13% of those surveyed consider themselves best-in-class in the field of Big Data security analytics compared to their main market competitors
  • Nearly 90% of “best-in-class” participants believe that security analytics can bring substantial profits for their companies
  • Best-in-class companies are deploying a broad range of security tools not just for threat detection, but for identity and access governance (85%), strong authentication (50%), security information and event management (76%) and user behavior analytics (68%)
  • 98% of “best-in-class” respondents consider automation a very important aspect of security analytics solutions

This is the first edition of the study. The survey was conducted in Q2 2016 with preliminary results presented at KuppingerCole’s annual European Identity & Cloud Conference in May 2016.

A management summary of “Big Data and Information Security” is now available to download at:
http://barc-research.com/research/big-data-and-information-security/.

The study is available free of charge thanks to the generosity of MicroStrategy, Inc.

Press contacts:

BARC
Wiebke Lörcher
Tel: +49 (0) 89 232368-25
E-Mail: wloercher@barc.de

KuppingerCole
Jennifer Haas
Tel: +49 (0)211-237077-31
E-Mail: press@kuppingercole.com

Journalists please send us specimen copies of any published articles or links to online publications referring to this study.

About BARC – Business Application Research Center – a CXP Group Company

The Business Application Research Centre (BARC) is an analyst and consulting firm for enterprise software with a focus on Business Intelligence (BI), Data Management (DM), Enterprise Content Management (ECM), Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP).

For over twenty years, BARC analysts have combined market, product and implementation knowledge to advise clients. Along with CXP and PAC, BARC forms part of the CXP Group – the leading European IT research and consulting firm with staff in eight countries.

About KuppingerCole

KuppingerCole, founded in 2004, is an international and independent analyst organization headquartered in Europe. The company specializes in offering neutral advice, expertise, thought leadership and practical relevance in Information Security, Identity & Access Management (IAM), Governance (IAG), Risk Management & Compliance (GRC) as well as all areas concerning the Digital Transformation. KuppingerCole supports companies, corporate users, integrators and software manufacturers in meeting both tactical and strategic challenges. Maintaining a balance between immediate implementation and long-term viability is at the heart of KuppingerCole’s philosophy.

As a core element of KuppingerCole’s research the company provides different types of reports with thought leadership and a vendor-neutral view on the status of markets, products and vendors. KuppingerCole’s qualified analysts continuously research and update the company’s online research library, and perform manufacturer-independent advisory services.

KuppingerCole also organizes conferences, workshops and webcasts in all fields of identity focused on information security, IAM, Cloud, Digital Risk and Digital Transformation. KuppingerCole’s annual European Identity & Cloud Conference is Europe’s leading event for thought leadership and best practice in this area and covers the latest and future topics regarding the challenges in digital business.

You will find additional information at:
www.kuppingercole.com
www.id-conf.com