Cyber crime and online threats are on the rise, a rapid rise. Ponemon Institute and Accenturepublished a study in 2017 which found that the net increase in average annual number of security breaches is estimated at a staggering 27.4%. To counter this rapid increase, new methods are also on the rise that employ inventive and sophisticated methods to detect, prevent and predict future online threats. The main driver behind these new methods is big data.
The term “Big Data” doesn’t only apply to the size of the data but it is a term largely used to describe a significantly large data set that is used for analysis. Typically, big data analysis aims to find certain patterns and trends.