Splunk is a powerful tool for log analysis, capable of collecting, analyzing, and visualizing data from various sources in real time. For an incident handler like Drake, intending to detect traces of malicious activities within the network infrastructure, Splunk can efficiently parse large volumes of log data, enabling the identification of patterns and anomalies that may indicate malware propagation or other security incidents. Its real-time analysis capabilities make it an ideal tool for monitoring network activities and responding to incidents promptly.