It uses intelligence amplification (IA), which combines machine learning with the depth of human experience and insight. Differing significantly from artificial ontelligence, which aspires to replace human involvement altogether.
“Snode’s application in cybersecurity leverages years of expertise in cyber-intelligence and mathematics,” says Nithen Naidoo, CIO at Snode. “The company believes it provides a much needed service in South Africa; cybercriminals are now, more than ever, turning their attention to emerging markets which they perceive to be easy, yet lucrative, targets.”
Within emerging markets, it is the banking sector that is particularly vulnerable, as evidenced by the recent slate of SWIFT attacks, as are C-suite executives. Exacerbating matters is that cyberattacks frequently come from advanced and highly motivated crime syndicates which are dispersed globally. The recent trend of commercial enterprises, governments and other NGO’s engaging in cybercrime further fuels the increased sophistication of attacks.
Naidoo says that a more intelligent line of defence is urgently required, as traditional end-point and signature based technologies are inefficient in dealing with the rapidly evolving threat landscape. “Snode believes that a more proactive and innovative approach to cybersecurity is needed. South Africa is already in the midst of a cybersecurity storm,” says Naidoo.
Data is the core of any business, therefore he says it is of the utmost importance to effectively secure one's information, protecting it against cyber-threats. By passively monitoring massive amounts of data traversing client networks, the company gets a comprehensive view of all activities, detecting and reporting suspicious behavioural patterns, as well as various anomalies, in real-time.
