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#CyberThreat

Cybersecurity Ventures predicts cybercrime damages will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015. It means that cybercriminal activity is one of the biggest challenges that individuals and companies will face in the next two decades.Therefore, it’s better to know about your potential business threats in order to face them. This is doable by investing in CTI, Cyber Threat Intelligence.

Cyber Threat Intelligence is to acknowledge threats by having the collection and analysis of information about current and potential attacks that threaten the safety of an organization or its assets. These include individual threats, exploits, malware, vulnerabilities or security breach metrics. Threat Intelligence is composed of many parts. It includes a variety of sources, feeds, and platforms that help businesses detect, analyze, and respond to threats. Together, these parts provide a wealth of valuable information about every aspect of cybersecurity.

Knowing about attacks is the foundation upon which all cyber security solutions are built. Without this knowledge, one cannot build an effective security solution and manufacturers are challenged to leverage the wealth of information CTI provides. The benefit of having threat intelligence is that it helps you preventing data breaches and saving you the financial costs of cleaning up after an incident.

Let’s see here below how an organization can protect against cyber threats, and how they use intelligence to augment and improve their security and business operations?

Data is The Foundation of CTI

Threat Intelligence’s only source is the raw data. This means gathering enough data to address the most important intelligence requirements. Data gathering can be done organically through different sources both internal and external. By leveraging threat intelligence from your own network, such as log files, alerts, and incident response reports, you can recognize and stop threats. If you use a Security Information Event Management protocol (SIEM), this is an ideal place to start. Several raw sources of internal network event data (such as event logs, DNS logs, firewall logs, etc.) are already present in your SIEM. Maintaining historic knowledge of past incident-response engagements is helpful in leveraging more mature threat awareness based on internal sources. External sources can be quite varied, with many degrees of fidelity and trustworthiness. “Open source” intelligence, such as security researcher or vendor blogs or publicly available reputation and block lists, can provide indicators for detection and context.

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Once the data is gathered, it needs to be stored and analyzed in order to feed CTI. A Threat Intelligence feed summarizes data from one or more sources. The majority of feeds tend to focus on a crucial area, such as Botnet activity, domains or malicious IP addresses. The real-time nature of Threat Intelligence feeds means that as soon as a new threat or malicious entity is discovered, the information is packaged in the feed format and streamed to subscribers so he can defend himself against impending attacks before they happen.

Threat Intelligence Platforms: The Essential Enterprise Software

To face the ever-increasing volume of cyberattacks, the adoption of a platform, that can support the entire security team and the threat-analyst teams, is highly required. In order to assist performing daily incident response, network defense, and threat analysis. The Threat Intelligence Platform (TIP) is used for operational day-to- day blocking and tackling, as well as strategic decision making and process improvement. It provides the ability to capture, organize, store, analyze, and compare multiple feeds simultaneously. You can then correlate these feeds with internal security events and create prioritized alerts that analysts can then review. In addition to many other applications, a SIEM also works this way. It should also facilitate the management of the Intelligence Lifecycle as it is used by intelligence organizations worldwide for a threat intelligence program.

Conclusion

Threat intelligence management is an ongoing effort. The threat landscape is already large, and it’s only growing, becoming more complex and getting more efficient as time passes. You have to constantly examine your defensive positions and adjust your operations and strategies to defend yourself against the evolving technologies and rivals that endanger your assets. In the same way that an individual pay for a gym and attends it regularly to keep fit, your organization must make a continual investment and commitment to protect your assets. Any delay is a moment of risk. Your assets are being examined. Your vulnerabilities are being identified.