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Discuss the benefits of business analytics and provide one example how it can be used to...

Discuss the benefits of business analytics and provide one example how it can be used to help an organization address cybersecurity.

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The business analysis is the iterative method for exploring the organization's data and using the statistical analysis, and thus it allows the businesses to make the data-driven changes and decisions. Companies and businesses treat the data as the corporate asset and using business analysis we need to turn the data into a competitive advantage. The business analytics can be Descriptive which tracks the key performance indicators, predictive analytics which analyzes the trend of the data, prescriptive analytics which uses the past performance for generating recommendations about requirements.
Business analytics using big data analytics and other methods is the process using which large chunks of data is evaluated to information which allows the companies and business to make and take decisions being informed about the changes. Using such business analytics and knowledge it is possible for the cybersecurity teams to improve their security and also stay on the top for the emerging threats for helping the companies and businesses to prevent the data breaches.
For example, the analytics can be used by analysts to use and analyze the history for identifying the websites which had ties with the attacks in the past. Using this study, the analysts can gather relevant details for the domain history and then combine this with the big data analytics tools. Using this the domain experts will be able to get hold of the information and obtain the clues and create the threat profiles of the attackers.
The attacker's location and details can also be pinpointed using data from the trusted IP geolocation databases. Thus using these mechanisms the domain data generated and analyzed can be used to improve the analytics in cybersecurity. When the companies have much data available then big data works the best by analyzing the data and enhance the network so as to stay safe.

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