Protect Big Data: 3 steps to enhance your data security

Rising data breaches in APAC are eroding consumer trust. Learn about key Big Data security threats and explore effective solutions to safeguard your enterprise in APAC's evolving digital landscape.

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Protect Big Data: 3 steps to enhance your data security

Key takeaways

• APAC enterprises accounted for a significant number of global breaches in 2022.

• They face security challenges, including fake data generation, data cleansing errors, and data poisoning.

• Companies need comprehensive security services to safeguard business-critical data and customer information.

Asia-Pacific (APAC) enterprises are storing and analysing growing volumes of data – foreshadowing an increasing likelihood of destructive breaches.

46% of Singaporeans share more personal data now compared to two years ago, exceeding the global average of 33%.1 At the same time, APAC accounted for 31% of the data breaches in 2022 worldwide – the highest number across global regions and up from 26% the previous year.2

Indeed, the region was a hotbed for high-profile cyber attacks in 2022 and early 2023, particularly affecting the banking, healthcare, and tech industries.3

What are the implications of Big Data breaches?

APAC consumers expect their personal information to be kept safe and confidential, and any data breach can trigger a widespread loss of trust among customers. Many APAC consumers now feel forced to share personal information, even as they testify to a growing mistrust in digital services.1 Notably, 50% of users say they are not comfortable with having their data collected.4

Further, 37% of Asian respondents say their trust in digital services providers' efforts to protect their data has decreased over the past five years.1 Half of Singaporeans and Australians also admit to moving away from companies that have suffered a data breach, a higher figure than the global average of 43%.1

With the increasing shift to cloud storage, businesses must prioritise data protection to avoid data loss, financial losses, legal issues, reputational damage, and regulatory non-compliance.5

The Big Data security issues you should know about

However, not all APAC companies prioritise data protection – 62% of APAC corporate officers say cyber risk management is not a top priority.6 Big data analytics involves diverse and interconnected systems, including data sources, storage platforms, and analytical tools. Its complexity introduces more entry points and vulnerabilities that attackers may exploit.

We’ve identified five of the most significant Big Data analytics security issues that you must know:

1. Fake data generation

This refers to the creation of misleading or inaccurate data. Attackers deceive or manipulate systems by altering algorithms or fabricating data and reviews. This can lead to flawed insights, compromised data integrity, and misguided decisions.7

2. Data cleansing errors

Data cleansing removes inconsistencies and irrelevant information from data to improve its quality and reliability.5 Attackers can exploit data cleansing failures by manipulating the cleaning tools or algorithms, leading to the introduction of malicious or erroneous data into the system.

3. Data masking

This technique separates sensitive or confidential information from the actual data to protect customer privacy and prevent unauthorised access. Hackers can exploit flaws in the data masking process to reconstruct the original data and gain access to confidential information.7

4. Data poisoning

Attackers manipulate the training data used by machine learning models, specifically chatbots. Attackers can disrupt the machine learning model's functioning by injecting false or malicious information into the training data.

Data poisoning undermines the integrity and effectiveness of machine learning models, potentially causing severe consequences for enterprises relying on data-driven processes.5

5. Employee errors in Big Data

These are mistakes or negligent acts by employees that compromise data security. Employee errors can include accidentally sharing sensitive information, ignoring security alerts, or losing devices containing valuable information, leading to data loss and unauthorised access.7

Protect your company’s data from these security issues

APAC organisations are entering an era marked by hyperconnectivity, where data exchange is constant and unending. They need to prioritise implementing security measures for all data analysis stages – from data sourcing to storage and output creation.5

Here are three steps that your company can take toward fortifying your Big Data analytics:

1. Conduct a security audit

Run end-to-end testing to identify known and unknown data security threats. You can do this easily on a single platform with help from Singtel’s global team, who conducts penetration testing and managed security testing. The team quickly identifies vulnerabilities, customises a security plan, and provides all the findings and reports in one place.

2. Build a real-time defence system

Your cyber security solution must be able to detect and combat threats before they wreak havoc on your analytics processes. You can adopt artificial intelligence (AI) and machine learning (ML) technologies for cyber risk management to identify threats and anomalies, predict attacks accurately, and enhance situational awareness.

You can do this with an expert partner like Singtel – our cyber security capabilities include 24x7 real-time data monitoring, network-centric managed security services, and proactive cyber threat protection and response, among others.

3. Defend your data in all places

Whether data is in physical data centres or the cloud, install services that can protect your stored data. To this end, Singtel is licensed to provide Managed Security Services (MSS), which include Endpoint/Mobile Defence Services, Data Centre Security Services, and Cloud Security Services.

Let’s chat about hardening the cybersecurity of your Big Data analytics processes.

Resources:

1. ZDnet, APAC consumers share more data, but will ditch firms over security breach, 2022.

2. Global Security Mag, The Asia-Pacific is the most targeted region for data breaches - accounting for 31% of all breaches, 2023.

3. Cybersecurity Hub, The top 9 hacks, data breaches and cyber security threats in APAC, 2023.

4. Techwire Asia, Data security is an expectation for APAC consumers, 2022.

5. Cprime, Big Data Security: Biggest Challenges and Best Practices, 2023.

6. ET CIO Southeast Asia, 98% APAC leaders negatively impacted by a cyber security breach in their supply chain: Research, 2023.

7. Instinctools, Big Data Security Concerns for 2023 and Beyond, 2023.

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Cyber risk management in the age of intelligence
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