Title
Defending financial infrastructures through early warning systems: the intelligence cloud approach
Abstract
Recent evidence of successful Internet-based attacks and frauds involving financial institutions highlights the inadequacy of the existing protection mechanisms, in which each instutition implements its own isolated monitoring and reaction strategy. Analyzing on-line activity and detecting attacks on a large scale is an open issue due to the huge amounts of events that should be collected and processed. In this paper, we propose a large-scale distributed event processing system, called intelligence cloud, allowing the financial entities to participate in a widely distributed monitoring and detection effort through the exchange and processing of information locally available at each participating site. We expect this approach to be able to handle large amounts of events arriving at high rates from multiple domains of the financial scenario. We describe a framework based on the intelligence cloud where each participant can receive early alerts enabling them to deploy proactive countermeasures and mitigation strategies.
Year
DOI
Venue
2009
10.1145/1558607.1558628
CSIIRW
Keywords
Field
DocType
intelligence cloud,financial entity,existing protection mechanism,financial scenario,intelligence cloud approach,large amount,own isolated monitoring,large scale,event processing system,financial institution,detection effort,early warning system,financial infrastructure,process control systems,software architecture
Countermeasure,Warning system,Data mining,Computer security,Computer science,Complex event processing,Process control,Software architecture,Finance,The Internet,Cloud computing
Conference
Citations 
PageRank 
References 
5
0.58
4
Authors
10
Name
Order
Citations
PageRank
Giorgia Lodi110913.03
Leonardo Querzoni243333.18
Roberto Baldoni31606132.37
Mirco Marchetti431122.64
Michele Colajanni51558126.74
Vita Bortnikov623011.98
Gregory Chockler7111857.54
Eliezer Dekel836952.12
Gennady Laventman91908.27
Alexey Roytman10414.36