Whenever our systems are compromised, cybersecurity programs are the first to detect the threats. They will then try to fix the problem and send a threat notification to the team of IT technicians. But at the same time, technology has advanced so much, that there are now threats that can go beyond that.
According to the 2018 Data Breach Investigations Report, there were more than 53,000 incidents with some 2,200 breaches reported. There are cyber threats happening daily in almost all industries. One of the year’s biggest breach was with hotel chain giant Marriott. More than 500 million guests had their personal information, from addresses to credit card details, hacked over a period of four years. Questions are now being asked as to why the hotel giant failed to react sooner and why it took so long for the threat to be detected.
So, the question arises. How fast can our computer security team detect and respond to these threats?
Cyber threat intelligence (CTI) is one of the ways for businesses to detect threats and respond to them at a faster pace. CTI analyses information about existing or potential threats. This includes anything and everything from emails to malware. The various levels of CTI ensure security at the different levels of threat. More and more organisations are now using threat intelligence as it makes their defences stronger by accelerating the detection time.
How does it do this?
CTI optimises prevention and strengthens the right defences in anticipation of attacks. Using technical indicators, CTI can block bad IPs, URLs and others. By doing this, IT technicians can also have a list of blacklists, access control lists, patterns or signatures. Operational intelligence insights allow security teams to put appropriate measures in place, such as patching and eliminating vulnerabilities, to protect their organisation before an attack even takes place. This will allow CTI to enhance an organisation’s ability to protect assets that are most likely to be targeted by detecting emerging and known threats and automatically defend against them.
In detecting threats, the response time is key. By accelerating the threat detection time, more advanced use of threat intelligence for detection is threat hunting. Threat hunting will look for traces of incidents in a system instead of waiting for a security notification. Intelligent threat hunting makes this process faster. Threat intelligence enables IT security teams to recognise what poses the biggest risk to their businesses, empowering them to prioritise and hunt more effectively.
Detecting a threat in advance is one thing. But what about the time taken to know if it is really a threat? IT security personnel are often faced with the tasks of going through many threat reports they receive. And on top of that, they will also need to spend more time investigating these threats. Threat intelligence allows IT personnel to prioritise the responses and accelerate investigations by providing the context and attribution. With context and attribution, incident management becomes manageable. IT security personnel will be able to focus on more prioritising workloads and workflows. Threat intelligence also allows them to see the connection between alerts that might appear isolated at first, to uncover advanced attacks.
By knowing all this, decisions can be made by the leaders in business. Board members and C-level executives can be made to understand the importance of having a strong cybersecurity system. Threat intelligence will be able to enhance their decision-making. This is because strategic CTI can empower optimal executive decision-making by identifying and weighing the risk or reward equation of business outcomes. It selects the option that presents the least risk for the highest reward. In other words, CTI provides the calculated risks to decision makers.
At the end of the day, the fastest way to solve any security threats online is by having the right tools for the job. And to get the right tools, it means having the best programs for it. CrowdStrike’s Falcon Intelligence can provide this. To find out more, click here.