Cyber threat intelligence refers to information about cyber threats and threat actors that can be used to mitigate cyber attacks. Sources of cyber threat intelligence include open source resources, social media, human and technical intelligence factors, deep or dark web intelligence, etc.
Cyber threat intelligence teams collect cyber threat information, evaluate it in context of its reliability and source. It also analyzes information through rigorous and structured tradecraft. The process of threat intelligence is a cycle because it identifies intelligence gaps and tries to answer unresolved loopholes which lead to the requirement to collect new information which starts new cycle of threat intelligence.
Here are some reasons that make stronger case for the role of cyber threat intelligence teams in organizations:
- Lowering Cost: In case of a data breach, an organization has to bear data loss and many other costs including post-incident remediation, restoration, fines, lawsuit fees, investigation expenses, and damage to reputation. Cyber threat intelligence helps in lowering overall expenses and save business capital by improving cyber security defenses to mitigate an organization’s risks.
- Lowering Risks: Cyber criminals keep on looking for improved ways to penetrate organizational networks. Cyber threat intelligence provides insight and proper visibility into emerging security threats to reduce risk of information loss, minimize or block disruption in business operations and maximize regulatory consent.
- Avoiding Loss Of Data: Cyber threat intelligence system helps in blocking any suspicious IP addresses or domains that may be trying to penetrate an organization’s network to steal sensitive data. It is important to detect and mitigate these intrusions well in time to prevent them from developing into distributed denial of service attacks.
- In-Depth Cyber Intelligence Analysis: Cyber threat intelligence teams play an important role of helping organizations analyze different techniques used by cyber criminals. This analysis can be used to evaluate the cyber security strategies, protocols and defense systems of an organization to check if they are capable of blocking latest cyber threats.
- Threat Intelligence Sharing: Threat intelligence teams share information on newly found cyber threats across other networks. This information can help other teams in updating their security systems to prevent hackers from executing such attacks at a larger scale.
When implemented efficiently, cyber threat intelligence teams can ensure an organization stays up to date with overwhelming volume of threats and become proactive about future cyber security threats.
For more information on role of threat intelligence teams, contact Centex Technologies at (254) 213 – 4740.