Understanding The Importance Of Cyber Threat Intelligence

01 Dec

01Dec

Due to an increase in the sophistication of cybercrime techniques and methodologies, Enterprises are adamant on securing their networks. Their investment in cybersecurity infrastructure, which by the year 2021 might touch $1 trillion, is proof of the urgent need for stronger, fortified, network systems.

The need to counter cyber attacks and the proactive approach of companies to counter them has lead to the evolution of cyber threat intelligence (CTI).

Threat Vs Risk

Threats refer to the possibility or the competence of attacks to cause damage to organisational assets. Threat actors are entities that launch these attacks. Using vulnerabilities in the frameworks of cybersecurity, threats tend to harm organisational assets, while Risks are probable damages or losses that result due to cyber-attacks

Cyber threat intelligence (CTI)

Cyber threat intelligence can be defined as knowledge backed by evidence which refers to any existing or arising malice or hazards to organisations assets. The evidence-based knowledge could include context, indicators, action-oriented advice and even mechanisms.

Importance Of Threat Intelligence

Threat intelligence provides organisations with the ability to work proactively and predict any vulnerability that the attacker could exploit. Tools that provide threat intelligence have the ability to scan the business systems regularly in order to determine any vulnerabilities, loopholes, or weaknesses in networks of organisations that need immediate fixing so as to avoid data losses.

Cyber threat intelligence involves either expert vendors and service providers or an in-house team that works to secure an organisation’s networks. The data required for the cybersecurity comes from the following and many other sources, using comprehensive research to detect any suspicious activity and to work against it:

Firewall
Endpoints
Assessment data for vulnerabilities
Behaviour analysis of users
RWel reputed Security research groups
Open source public groups

How threat intelligence benefits your business

According to a survey, 42% of the organisations are up for Cyber threat intelligence. Getting the right cyber threat intelligence company for your business can help you stay fit against cybersecurity threats by:

Improvising ways in which threats and attack methodologies that can affect our cyber environment can be recognised.
Staying in touch with security trends by refining security processes continuously
Detection and proactive measures against threats leading towards effective threat management
Detection of any vulnerability in your security system dedicated to protecting your data that could be exploited by attackers.
Decreases the response time between the detection and response to an event that threatens cybersecurity
Predicts security breaches and works to proactively respond to them, keeping the security team ever ready in order to provide protection against unauthorised access.
Reduces any risks associated with the loss of data and damage to the security systems.

Evidence supporting Cyber Threat Intelligence

According to a survey, respondents reported better visibility and an improvement in security operations. 71% of the respondents were satisfied with the visibility into threats and the IoCs (indicators of compromise).

Regarding the types of improvements, 70 per cent of respondents, reported an improvement in security operations and 66%, an improvement in the ability to determine unknown threats.

Conclusion

Surveys reveal growing emphasis on the use of cyber threat intelligence for an increasing number of tasks related to security operations including the detection of threats, responses, blocking threat and hunting them for proactive actions.

If you're a business, or an organisation looking to secure your networks opt for some of the most well-reputed cybersecurity service providers to help create a network, cyber-criminals may never be able to crack!

Cyber Threat Intelligence Threat Intelligence Cyber Intelligence Threat Intelligence Importance CTI