Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    image fx (60)
    Data Analytics Driving the Modern E-commerce Warehouse
    13 Min Read
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Big Data: A Potential Opportunity And A Risk For Companies
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Data Management > Best Practices > Big Data: A Potential Opportunity And A Risk For Companies
Best PracticesBig DataComputingData ManagementITPrivacyRisk ManagementSecurity

Big Data: A Potential Opportunity And A Risk For Companies

Annie Qureshi
Annie Qureshi
5 Min Read
big data security protection
Shutterstock Licensed Photo - By ideyweb
SHARE

Big data means a large volume of structured and unstructured data that inundates a business every day. According to experts, big data and data analytics play a key role in the success of businesses and organizations worldwide.

Contents
  • Big Data is Getting Bigger
  • Securing Your Company’s Big Data Treasure Chest
  • Big Data Created by Network Activity Requires Real-Time Analysis

Big Data is Getting Bigger

It has been predicted that by 2021 global IP traffic will reach an astonishing 3.3 ZB. And 1.7 megabytes of new information will be generated every second. Much of this web traffic will be organic, but it’s possible that companies will also buy website traffic in order to run A/B tests, generate buzz around new products, or inflate the stats of their site. Both the paid and organic data collected by businesses comes from social media, machine to machine data and business transactions. The availability of so much data might feel overwhelming at first. But if corporate data acquisition teams can collect relevant information for their counterparts in data analysis, the results can be powerful. Companies and brands can increase awareness, refine their marketing strategies and improve the ROI on their marketing purchases.

Securing Your Company’s Big Data Treasure Chest

The digital world is fast evolving and more and more big data metrics are being introduced. With this, businesses and organizations can now easily acquire important information about their customers. IT companies that employ web traffic geeks offer software that safely stores important information and insure safety against potential threats by hackers. Big data has become a big target for hackers. In the US there have been news headlines like “Target Corp. Data Including 360M Customer Accounts Breached”. After a breach, this information is made available to the cyber black market. And it isn’t just traditional hacking attacks. Strategic data sabotage is a growing threat as cyber-criminals become more creative. Incredibly, big data could become both the goal of hackers, and a key part of the solution that keeps hackers out. New tools are being developed to take into account the complexity, speed, size and the variety of data that’s generated on the web – this information could be used to expose cyber-attacks. A well-designed visual representation of recently created data will help firms uncover vulnerabilities. Real time analytics are important in making strategic decisions, especially in terms of security. In data- centric security, one’s platform must possess the ability to process all data that goes in and out of the network in real-time. There are IT companies that offer security solutions combining analytics, visualization and data transformation that allow several data pools to be cross-referenced in a single platform.

Big Data Created by Network Activity Requires Real-Time Analysis

By combining all these and putting sensors to gateways of the IT infrastructure, algorithms will now detect inconsistencies and anomalies and then immediately alert the end-users. Threats and intrusions can now be easily exposed. New indicators are now being generated to inform systems of future hunts. Cybersecurity can be expensive. The hardware used to administer the processing of data can be costly, but the software and other services may prove more cost-effective thanks to market competition. The total cost will have to be weighed against the value of the assets one is protecting. When it comes to cybersecurity, it’s better to be insured against waking up one day to find your company’s reputation in ruins. And when it comes to reputation management, big data can be used to better determine what customers are saying about their business and products. Using marketing analytics, this can help promote new products and services in a more innovative way. And, that same data can be used to secure the data systems used by your company. In conclusion, big data is both a blessing and a curse. Don’t let your company fall behind the competition by failing to pay attention to trends and new network traffic. By collecting real-time data and then analyzing it for both network security and real-time marketing guidance, your company can grow at the speed of data creation – and that’s pretty darn fast.

More Read

Let’s raise our glasses… to those who raise intelligence
How to Ensure Your CRM Data is Fit for Purpose
Is Big Data Necessary For Creating A Successful Online Business?
How to Start, Nurture, and Grow a Business with Big Data
Brand Management in the Age of the Connected Consumer
TAGGED:big data analyticsbig data securityCyber Securitycybersecuritydata collection
Share This Article
Facebook Pinterest LinkedIn
Share
ByAnnie Qureshi
Follow:
Annie is a passionate writer and serial entrepreneur. She embraces ecommerce opportunities that go beyond profit, giving back to non-profits with a portion of the revenue she generates. She is significantly more productive when she has a cause that reaches beyond her pocketbook.

Follow us on Facebook

Latest News

image fx (60)
How Finance & BI Teams Choose Accounting Software
Big Data Business Intelligence Exclusive
Why the AI Race Is Being Decided at the Dataset Level
Why the AI Race Is Being Decided at the Dataset Level
Artificial Intelligence Big Data Exclusive
image fx (60)
Data Analytics Driving the Modern E-commerce Warehouse
Analytics Big Data Exclusive
ai for building crypto banks
Building Your Own Crypto Bank with AI
Blockchain Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

options for cybersecurity
Big DataExclusiveITSecurity

Machine Learning Makes VPNs Excellent Options For Cybersecurity

6 Min Read
big data solution
Big Data

The Latest in Big Data Solution Trends

3 Min Read

Refusing to Answer Census Race Question

8 Min Read
big data analytics
AnalyticsBig Data

Using Big Data Analytics to Drive Customer Loyalty in Your Business

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?