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Switzerland developing system to counter cyber attacks

Switzerland is developing a system that can outsmart cyber attackers who target its banking system. It is being developed by IBM and SIX, a fintech company in Switzerland and will be the country’s first cognitive security operations center (SOC). Called SIX SOC, it will be built around IBM Watson, the industry’s first cognitive security technology. The machine learning engine has been trained in cyber security by ingesting millions of documents which have been annotated and fed to it by students at 8 universities in North America. Watson for Cyber Security will be the first technology to offer cognition of security data at scale using Watson’s ability to reason and learn from unstructured data – 80% of all data on the internet that traditional security tools cannot process, including blogs, articles, videos, reports, alerts and other information. According to IBM, SIX will offer the service to its financial services customers who need security, regulatory, compliance and audit capabilities.

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