{"id":4573,"date":"2012-11-13T16:33:00","date_gmt":"2012-11-13T16:33:00","guid":{"rendered":"http:\/\/cloudnewsdaily.com\/?guid=afbb0eefd93e2e95b01453ed574486b2"},"modified":"2012-11-13T16:33:00","modified_gmt":"2012-11-13T16:33:00","slug":"norsecorp-launches-context-aware-cyber-risk-intelligence-solution","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/norsecorp-launches-context-aware-cyber-risk-intelligence-solution\/","title":{"rendered":"NorseCorp Launches Context-Aware Cyber Risk Intelligence Solution"},"content":{"rendered":"<\/p>\n

NorseCorp, the provider of live cyber risk intelligence<\/a> and solutions for businesses to reduce eCommerce fraud and secure their high-value data, today announced the launch of its flagship cloud security service, IPViking\u2122. IPViking is the first solution to harness Big Data analytics of live Internet traffic to deliver contextually-aware and actionable cyber risk intelligence, a missing layer in today\u2019s security technology stack that levels the playing field for developers and enterprises in their fight against cyber crime, hacking, and ecommerce fraud. <\/span><\/p>\n

In recent years the security landscape has changed dramatically. Companies are now spending more money on security solutions than ever, while breaches and data losses continue to rise. Meanwhile the total cost of these breaches has also increased. A recent study of U.S. companies sponsored by Hewlett Packard and conducted by the Ponemon Institute indicates that\u00a0the cost and frequency of cybercrime have both continued to rise for the third straight year, with\u00a0the occurrence of\u00a0cyber attacks\u00a0more than doubling over a three-year period and the financial impact increasing by nearly 40 percent.\u00a0The study also revealed a 42 percent increase in the number of\u00a0cyber attacks, with organizations experiencing an average of 102 successful attacks per week, compared to 72 attacks per week in 2011 and 50 attacks per week in 2010.<\/p>\n

\u201cToday\u2019s security solutions lack the dedicated computing power to process the massive volume of cyber threats, something that hackers have exploited for years,\u201d said Tommy Stiansen, CTO at Norse. \u201cNorse developed a unique system combined of global infrastructure hardware and powerful proprietary software to acquire live threat\u00a0data, delivering to customers in milliseconds as actionable intelligence. Because of Big Data tools, GPU computational clusters and IPViking, companies can secure their infrastructure, network transactions and applications more effectively than ever.\u201d<\/p>\n

To address this challenging security landscape, Norse created IPViking, a SaaS technology and service that reduces strain on existing reactive security solutions, while increasing their effectiveness by providing live intelligence that is context-aware and adaptive to the continually changing nature of the Internet threat landscape.<\/p>\n

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IPViking does this in three ways:<\/strong><\/p>\n