The looming threat of cyberattacks has greatly increased the demand for cyber threat intelligence in recent times. According to a Ponemon report, 85% of businesses considered threat intelligence to be a top security priority for them.
The reason threat intelligence has gained so much popularity is that it helps organizations better understand the threat landscape and enables automated risk mitigation.
What is Threat Intelligence?
Threat intelligence is defined as data-driven knowledge that informs security analysts about emerging threats and how they can be stopped. The process involves data collected from various sources that provide context, mechanisms, and advice on how to tackle existing and emerging threats.
What does it mean for Businesses?
One of the biggest challenges faced by the cybersecurity industry is the shortage of skilled security professionals. Threat intelligence can enable businesses to work more efficiently without having to hire resources.
By providing timely and actionable insights, threat intelligence gives businesses a much-needed cushion to fight cyber threats before they can cause any damage.
Here is a breakdown of what cyber threat intelligence offers to companies:
- Cyber threat analysis: Threat intelligence provides innovative techniques for handling massive volumes of data and performing cyber threat analysis.
- Machine learning capability: Threat intelligence makes use of machine learning to recognize patterns in collected data and make predictions about emerging threats in real-time.
- Automated detection and prevention: Threat intelligence enables businesses to detect and block threats proactively which can reduce losses and minimize risks.
Importance of Threat Intelligence
Cyber threat intelligence is not just for enterprises, but instead provides value to businesses of all sizes. Organizations, particularly those short-staffed in the security department, can benefit immensely from cyber threat intelligence.
Threat intelligence is a key component that enables all other functions in your organization. Often, the information received by security teams it too much to process at a single time. Threat intelligence helps by ingesting all this information and automatically prioritizing the most relevant threats.
This enables security teams to accurately address the most important threats using the insights provided by threat intelligence. A single security breach can cost you up to $8 million, so it is time you start being proactive by adopting threat intelligence.
Types of Threat Intelligence
Threat intelligence is a broad term used for processes that enable risk assessment and mitigation. There are three subcategories of threat intelligence which include:
- Strategic Threat Intelligence: A broad and non-technical overview of the threat landscape.
- Tactical Threat Intelligence: A preview of the tactics, procedures, and techniques that attackers use to target specific vulnerabilities.
- Operational Threat Intelligence: A drilled-down highly technical specification about individual threats.
Applications of Threat Intelligence
Here we have highlighted four essential applications of threat intelligence for organizations:
- Incident Response: Threat intelligence reduces the stress of incident response teams by automatically dismissing false positive alerts, providing real-time context to minimize losses, and consolidating information from internal and external sources.
- Risk Assessment: There are hundreds of cyber threats out there but not all of them are threats to your organization. Threat intelligence makes use of context-driven information to make calculated risk assessments to answer key questions such as whether a threat poses a risk or not.
- Vulnerability Management: To stay protected, it is important to patch the right vulnerability at the right time. Threat intelligence helps with this by identifying vulnerabilities that pose actual risks to your organizations and then recommending the correct time to patch them.
- Security Monitoring: One of the most difficult tasks for security teams is to prioritize alerts. Threat intelligence can tackle this by gathering information about threats quickly and accurately and then using that information to filter alerts for simplified cyber analysis.
Cyber threat intelligence is the way forward for organizations. Adopting threat intelligence enables better risk assessment and automated threat detection and prevention.
If you are looking for a state-of-the-art threat intelligence platform then Apvera is here for you. Our proprietary, sophisticated, and scalable threat intelligence platform Apvera Insight360™, can greatly improve the cybersecurity posture of businesses through machine learning, behavioral analytics, risk assessment and monitoring, data loss prevention, and intrusion detection and prevention (IDS/IPS).
By choosing Insight360™, you can enjoy peace of mind while we take care of security for you. To learn more, please get in touch with our team.