Data is prone to various attacks such as cyber-security attacks, in any industry. State of the art systems in the domain of data security fail to identify adversarial attacks in real-time, and this leads to security issues, as well as results in the process/system providing unintended results. The disclosure herein generally relates to data security analysis, and, more particularly, to a method and system for assessing impact of adversarial attacks on time series data and providing defenses against such attacks. The system performs adversarial attacks on a selected data-driven model to determine impact of the adversarial attacks on the selected data model, and if the impact is such that performance of the selected data model is less than a threshold, then the selected data model is retrained.
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