The Importance of Threat Intelligence Sharing

The Importance of Threat Intelligence Sharing — Cybercriminals find new vulnerabilities and develop more precise attacks every day. Cybersecurity professionals face an ongoing challenge to keep up with cybercriminals. If organizations are open to sharing information proactively, also known as intelligence sharing, this can help strengthen everyone’s cybersecurity and their response to potential threats.

Why Is Threat Intelligence Important?

The importance of threat intelligence for security technology providers cannot be overstated. Ultimately, it drives a substantial part of their roadmaps, allowing their solutions to keep pace with the rapidly changing threat environment, and most importantly, allowing customers to be appropriately protected.

Threat intelligence is more than just monitoring the change in the threat environment and adding new features in response to it — it’s about predicting how the industry will evolve and get ahead of the curve. Without threat intelligence, customers have no idea whether the solutions they implement are sufficient for their needs, and they have no understanding of future threats.

Threat Intelligence Significantly Reduces Costs!

Studies show that the lack of resources and the cost of participation are two of the main barriers to participating in threat sharing. Designed to help measure which security technologies are making the most savings, the study found that organizations investing and sharing threat intelligence achieved $ 2.26 million in cost savings per organization. This is because threat sharing not only aids in discovery and investigation activities, but also helps in understanding and preventing threats.

Conclusion

In business, there is always a tendency to see your colleagues as competitors. It is usually useful, but when it comes to cybersecurity, this can have some unfortunate consequences.

If companies do not share their cyber-attack experiences, they leave the rest of their industry vulnerable. Not only do cyber criminals essentially attack many companies in turn, but each company must learn to respond to different threats on its own. This system harms the profitability of industries as a whole and is highly inefficient.

With Keepnet Labs’s Threat Intelligence module, you can share your cyberattack experiences and learn from your colleague’s cyberattack experiences with ease.

Author: Hector

Cyber Security Researcher