The FINANCIAL — EY on September 1 announced that it will bolster its cybersecurity services by delivering some of the most advanced and cutting-edge analytical capabilities to hunt detect and defend against future cyber-attacks for clients.
EY strengthened its cybersecurity service offerings through agreements with leading technology providers, such as Bit9+Carbon Black, Fidelis, iSIGHT Partners, Resilient Systems, ServiceNow, Splunk Inc. and ThreatConnect to deliver cutting edge cybersecurity tools to clients through EY’s Managed Security Operations Center (SOC). These advanced tools have further empowered EY’s global network of cybersecurity professionals by providing enhanced offerings to our clients.
The advanced cybersecurity tools being offered to the clients include:
End point monitoring: Allowing deep insight into every computer within the client’s environment
Network Monitoring: Collecting data in real time and enabling advanced attacker detection
Threat Intelligence: Tracking the specific threats relevant to clients, leading to tactical and strategic countermeasure recommendations
Advanced SEIM: Correlating business prioritization against network- and host-based monitoring to alert the client to attack attempts
Data Analytics & Visualization: Digging deep into behaviour-based anomaly analysis
Incident response service management: Rapidly responding to attack attempts, discovering the root cause and comprehensively remediating any impacts
Ken Allan, EY Global Cybersecurity Leader, says:
“We are seeing rapid growth in the number and sophistication of cyber-attacks. Through our enhanced capabilities, our mission is to provide organizations with the most advanced defense, enabling immediate detection and rapid response to such attacks. These solutions shall be tailored specifically for their businesses and designed to mitigate against threats from advanced, interactive attackers that put their critical business assets at risk. Our enhanced offering is a reflection of our commitment to helping our clients solve their biggest, most complex cybersecurity issues globally.”
According to EY’s recent Global Information Security Survey 2014, over half (56%) of organizations said they are unlikely to detect a sophisticated cyber-attack, while only 5% of organizations have a threat intelligence team with dedicated analysts and external advisors that evaluate information for credibility, relevance and exposure against threat actors.
Paul van Kessel, EY Global Risk Leader, says:
“In the past, we have focussed on improving security generally across the enterprise and we have succeeded at helping our clients solve cybersecurity-related business issues. However, cyber attackers have evolved their tactics, skills and capabilities. In order to stay ahead, we must evolve as well.
“This capability only becomes possible through the successful fusion of timely and business-relevant threat intelligence with deep technical expertise and cutting-edge analytical tools — just the type of fusion we have created with our latest cybersecurity industry and vendor partnerships.”
Today’s announcement follows the recent launch of EY’s Managed Security Operations Center (SOC) offering a combination of on-site and off-site cybersecurity services to clients. As part of its goal to protect clients against cyber-attacks, EY plans to increase its global cybersecurity workforce six fold to upwards of 1,200 by 2020.