CTO and CEO of Damballa Explained How Machine Learning is the Key to Security in the Future, and What it Means to Enterprise Security
Stephen Newman, Chief Technology Officer of Damballa, used the analogy of surveillance cameras to explain what the company does. According to Newman, surveillance cameras just watches over the activities, and that is monitoring. But it takes someone to monitor the cameras, know the signs of threat, and identify them to be effective. That is what Damballa is all about.
He described Damballa as an advanced threat protection solution for the enterprise that provides visibility and insight into the activities of a network to detect APT and advanced malware hidden in a network.
“Damballa is a software solution that monitors network traffic, while at the same time learns and identify threats and suspicious activities, stopping them before the damage takes place,” He added that Damballa’s capabilities to spot suspicious activities are by monitoring it over time, which is within minutes and seconds.
Newman said that Damballa’s capabilities are very scalable from international-sized banks, to national service providers, down to enterprises with 250 staff.
David Scholtz, Chief Executive Officer of Damballa, attributed machine learning, the technology that is used in Damballa, as the future of security. “While methods such as signatures fall behind, security systems that uses artificial intelligence such as Damballa evolve alongside and ahead of the threat,” said Scholtz.
In a recent report, Gartner predicted the rise of machine learning systems in the workplace. It also predicted that automated systems will be able to generate meaningful reports that could help with decision making. This is in line with Damballa’s approach and how its system works.
Scholtz also said that because of Damballa’s machine learning capabilities, it has the capability to empower enterprises and small business to focus on their resources.
Newman explained that Damballa can be integrated into existing systems. This integration, combined with automation, is the key to stopping threats in its tracks.
When asked regarding security firm’s predictions on the Internet of Things being the next big threat, Schultz commented that Damballa is already capable of protecting IoT networks. The key is that Damballa monitors all network activities for suspicious activities and profiles all devices, be they IoT or otherwise.
“In a network, all IoT will inevitably access the Internet one way or another through TCP/IP, once they do, they are being secured with Damballa. Even other threats on the rise such as ransomware can be thwarted by the system,” added Newman.
Newman explained that modern ransomware “call home” and report on their status, the device that they infected, and so on. This is when Damballa can detect them and actions can be taken.
Stephen Newman, Chief Technology Officer, Damballa.
David Scholtz, Chief Executive Officer, Damballa.