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Bank adopts 'security data warehouse' to fight persistent security threats


From: InfoSec News <alerts () infosecnews org>
Date: Wed, 26 Oct 2011 03:03:53 -0500 (CDT)

http://www.networkworld.com/news/2011/102511-zions-security-252371.html

By Ellen Messmer
Network World
October 25, 2011

Zions Bancorporation has set up a massive repository for proactively analyzing a combination of real-time security and business data in order to identify phishing attacks, prevent fraud and ward off stealthy hacker incursions known as advanced persistent threats.

"This system allows you to start leveraging disparate types of events around the organization, such as patterns of behavior in your network," says Preston Wood, chief security officer at Zions, in discussing how the Salt Lake City bank-holding company, which has over $51 billion in assets, has set up its data-mining analytics for security purposes.

The foundational tool for Zions, is the Zettaset Security Data Warehouse, based on open-source Hadoop for data-intensive distributed applications. Wood says for him, the approach a huge change because it relies on making security decisions based on mining business intelligence and combining it with security-related event data from security devices

Today, security analysis more typically relies on what's known as security information and event management (SIEM) tools which can aggregate security and other technical information for a birds-eve view of network activity or detect possible unauthorized actions. Wood says that's fine in and of itself, but it's now possible to go further through correlation of business activities, based on feeds from other sources too.

[...]


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