Verizon takes proactive approach to data breaches with new DBIR app

Verizon (NYSE: VZ) has introduced a new app, Data Breach Investigations Report (DBIR) for Splunk software, enabling its enterprise customers to better understand cyber threats.

Enterprises can use Splunk software to gain business insights and operational intelligence using analytics to correlate machine data and network traffic, proactively monitor and detect anomalies, create alerts, and quickly search and investigate threats.

Given the unpredictable nature of cyber threats, Verizon said that the free downloadable app, which incorporates the historical breach intelligence the telco's data breach investigations team has gathered over the last 10 years and turning it into it actionable data with Splunk security analytics software.

Verizon's DBIR dataset includes over 8,000 breaches and nearly 195,000 security incidents. The 2015 report features data from 70 organizations, including Verizon.

Enterprise can use a number of dashboard views that offer specific recommendations for credentialing use, phishing and malware. The app can also help organizations conduct a number other security activities: track authentication, detect credential-based lateral movement, log impossible journey VPN connection, flag potential exfiltration through email, and identify vulnerable systems.

Introducing new services like the Splunk application will enable Verizon to further its bond with enterprise customers that want to avoid security breaches while being able to free up resources to focus on their core competency.

At the same time, Verizon needs such services to help drive up revenues for its growing managed security and IP-based services sectors. Despite seeing new uptick in IP and managed services, Verizon reported that second quarter 2015 Global Enterprise revenues were $3.2 billion, down from $3.4 billion year-over-year due to ongoing legacy service declines.

For more:
- see the release

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