MixMode has been recognized as one of the best tech startups in Santa Barbara in 2021. Thank you to the staff at The Tech Tribune for this honor.
MixMode CTO and Chief Scientist, Igor Mezic, recently contributed an article for CPO Magazine that examines the evolution of Machine Learning (ML) and Artificial Intelligence (AI) within cybersecurity, the three waves of AI, and the modern-day application of predictive AI in cybersecurity to protect against adversaries who are also utilizing AI technology.
Some of you may have seen the “funny” statistic in the last few months that during the pandemic, ice cream sales are way up while deodorant sales are way down. Let’s just say that, for me, it’s coffee ice cream. Dessert aside, this stat does lead one to think about what other trends occur during a pandemic or a crisis when we look back at events such as world wars, the Great Depression, the Global Financial Crisis (GFC) of 2007-08, etc.
The transition from office to remote environments was abrupt and one of the most defining moments that the cybersecurity industry and professionals faced in 2020. We wrote about the top issues CISOs were facing throughout the year but also doubled down on sharing insights about the evolution of next-generation SOCs, the failure of SIEM platforms as organizations are experiencing them today, and how self-supervised AI fits into the equation.
In what the New York Times is calling, “One of the most sophisticated and perhaps largest hacks in more than five years,” malicious adversaries acting on behalf of a foreign government, likely Russian, broke into the email systems of multiple U.S. Federal agencies including the Treasury and Commerce Departments.
SIEM has failed to meet the needs of enterprises in the modern threatscape. One huge reason for this is that over time, most organizations will come to the sad realization that they will never achieve a full enterprise deployment of their SIEM. By its very nature, SIEM is always “in process.” It’s not unusual for an organization to have an SIEM in process for a full decade.
MixMode CTO and Chief Scientist, Igor Mezic, recently contributed an article for Techiexpert that examines three modern AI adversarial attacks, the financial toll they are having on some of our most important systems (including healthcare), and how predictive, third-wave AI is the only future-proof cybersecurity solution to protect organizations from these intelligent attacks.
A large utility company approached MixMode with the following scenario: The enterprise SOC was utilizing a shared SIEM application that was being utilized by several stakeholders: the networking team, the SCADA team, the dev-ops team, the compliance team and cybersecurity teams for “basic search and investigation of log files to meet regulatory compliance requirements”.
Because the fundamental nature of SIEM requires infinite amounts of data, security teams are forced to constantly wrangle their network data and faced with an unmanageable number of false positive alerts. This means they have to devise efficient ways to collect, organize and store data, resulting in an incredible investment in human and financial resources.
Despite its inherent flaws, today’s SIEM software solutions still shine when it comes to searching and investigating log data. One effective, comprehensive approach to network security pairs the best parts of SIEM with modern, AI-driven predictive analysis tools. Alternatively, organizations can replace their outdated SIEM with a modern single platform self-learning AI solution.
It should be noted that SIEM platforms are exceptionally effective at what they initially were intended for: providing enterprise teams with a central repository of log information that would allow them to conduct search and investigation activities against machine-generated data. If this was all an enterprise cybersecurity team needed in 2020 to thwart attacks and stop bad actors from infiltrating their systems, SIEM would truly be the cybersecurity silver bullet that it claims to be.
The fundamental SIEM flaws lie in the platform’s need for continual adjustment, endless data stores, and a tendency to create an overwhelming number of false positives. When organizations instead turn to a next-generation cybersecurity solution, which predicts behavior with an unsupervised (zero tuning) system, they are poised to save on both financial and human resources.
Complying with privacy regulations requires all organizations to have access to data on demand, wherever it lives on a network. With the unfathomable amount of data managed by most organizations operating in the finance space today, it can become a significant challenge to locate specific data across legacy systems and networks with countless connections online and off.