Why Your Company Must Consider Adopting Cyber Threat Intelligence

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While reactive safeguards still have their place in the computing sphere, evolving threats demand a daring approach to wall against any of many possible cyber disasters demoralizing IT infrastructures today. Your business is only as safe as you anticipate each emerging cyber menace before it spreads across your digital infrastructure. To efficiently keep your infrastructure in check, cyber threat intelligence (CTI) has been designed to arm you with the knowledge of threats as they develop. CTI provides insights into the sinister progress of cybercriminals, revealing weaknesses they will soon exploit and dangers poised to impact your business if left unaddressed.

CTI can tell you:

• What risks cyberattacks pose to your organization and systems.

• What gaps or weaknesses criminals can exploit.

• Insights into actors, motives, and methods guiding threatening progress.

Defining Cyber Threat Intelligence

Cyber threat is the malicious attempt to disrupt, steal, and also damage data in the digital sphere in general which include computer virus attacks, data breaches, denial of service attacks (DDoS), and other innumerable attack mediums. Cyber threats also refer to the possibility of a successful cyberattack that’s aimed to gain unauthorized access, damage, disrupt and even steal an IT asset, destroy a computer network, rob an entity of intellectual property or any other form of sensitive data and cyber threats can come from within an organization by trusted users or from remote locations by unknown parties.

CTI is the collation and evaluation of Cyber Threat Information. This information helps detect the activity of a threat and security breach that leads to an unwanted impact on a computer system or an application. CTI helps to avoid an infringement and vulnerability of the security and also makes one stay up to date regarding cyberattacks. It monitors constantly advancing criminal progress, enabling continually developing countermeasures.

How to Identify Cyber Threats

Collecting, evaluating, and analyzing cyber threat information transforms it into deeper cyber threat intelligence. Threat intelligence provides enhanced comprehension of cyber threats, enabling more

accurate detection of similarities and distinctions across diverse threat types. It allows for a timely understanding of threats, relationships between threats, malicious groups behind threats, and threat lifecycles. It is also developed in a merry-go-round process referred to as the intelligence cycle. In this intelligence cycle, data collection is planned, implemented, and evaluated to produce a report that is then disseminated and re-evaluated in the context of any new information.

From Hacktivists to Nation States: Mapping the Cyber Threat Landscape

Cyber threats originate from innumerable threat actors. A deeper look:

Hostile Nation-States

National cyber warfare programs pose a range of emerging cyber threats, from propaganda and website defacement to disruption of key infrastructure and loss of life. These government-sponsored programs are highly advanced and pose a greater threat than other actors. Their capabilities could lead to long-term damage to national security, especially from hostile nation-states with the ability to effectively use technology against difficult targets like classified networks and critical infrastructures such as electricity grids and gas control valves.

Terrorist Groups

Terrorist groups are using cyberattacks more frequently to harm national interests. Although they are less advanced in cyberattacks than nation-states and have a lower inclination to use them, it is expected that they will pose significant cyber threats as more technically skilled individuals join their ranks in the future.

Corporate Spies and Organized Crime Organizations

Organizations operating within the gray areas of legality and illegality pose risks due to their proficiency in the clandestine acquisition of sensitive data and illicit transfer of finances while masking such activities. They are primarily interested in profit-oriented activities, such as disrupting a business’s ability to make a profit by attacking the key infrastructure of competitors, stealing trade secrets, or gaining access for blackmail purposes.

Hacktivists

Hacktivists are involved in political agendas and issues. They focus on spreading propaganda rather than causing damage to infrastructure or disrupting services. They aim to promote their political agenda rather than cause significant harm to an organization.

Disgruntled Insiders

Disgruntled insiders embedded within an establishment can generate risks to network security and data protection as their clearances may grant access to sensitive materials, necessitating little technical sophistication to compromise such information. Suppliers and contract workers with access to infrastructure also introduce possibilities for malware propagation through inadvertence. Those with authorized system access represent endogenous threats, as do external actors with legitimate causes for integration.

Hackers

Malicious intruders can exploit zero-day vulnerabilities to gain unauthorized access to data. Hackers may break into information systems for the challenge of bragging rights. In the past, it required high-level skills and manual initiation, but today, automated attack scripts and protocols can be easily downloaded from the internet, making sophisticated attacks simpler and more accessible.

Natural Disasters

Uncontrolled natural disasters have the potential for disruption of foundational service architectures in a manner analogous to malicious digital incursions, though through forces of nature rather than code.

Accidental Actions of Authorized Users

An authorized user may forget to correctly configure S3 security which is a storage service that blocks an individual’s file from public access, causing a potential data leak. Although most data breaches are caused by threat actors, some of these breaches have also been caused by poor configuration from authorized users.

Types of Cyber Threat Intelligence

Strategic Threat Intelligence [STI]

This helps in identifying potential threats. It involves the evaluation of cyberattacks in other organizations of the same industry, what attacks they experienced, how they got rid of them, and how you can avoid them. This will enable an organization to stay ahead of any planned cyberattacks. STI can be in the form of a document informing the organization on potential attacks and responses.

Tactical Threat Intelligence [TTI]

This threat intelligence informs one of where potential attacks may stem from. It brings about an algorithm to make use of and gives focus to the criminal’s schemes and routines. It is presented to an organization to permit them to put defenses in place for any planned attack.

Operational Threat Intelligence [OTI]

This is information learned from current attacks and tactics used in getting the criminal’s methods. It gives insight into the type and timeframe of a specific attack and also, the attacker’s intent. OTI can be gathered from URLs, internet chat rooms, social networks, and private forums.

Technical Threat Intelligence

Technical threat intelligence is a type of cyber threat intelligence that focuses on detecting signs of ongoing attacks, such as indicators of compromise (IOCs). It is closely related to operational intelligence. Threat intelligence platforms with AI can automatically scan for known IOCs, such as malicious IP addresses, phishing email content, and malware implementations. By quickly detecting these threats, SOC and incident response teams can respond promptly to prevent damage to the business.

Benefits of Cyber Threat Intelligence to Your Business

Counter Surveillance

CTI helps to counter any observation placed on your organization by criminals which gives your business an edge over the hackers.

Investigation

CTI helps in research making to analyze cyberattacks, criminal tactics, and solutions. It has threat feeds that provide data that has been collated by analyzing cyberattacks all around which makes your defenses stronger.

Prevention of Cyber Attacks

With the use of CTI, your organization can be assured of no security breach by providing potential attacks and glimpsing vulnerabilities that hackers look forward to taking advantage of.

Staff Efficiency

Without CTI, your organization’s security team will always be on the lookout for cyberattacks hence, abandoning other tasks. But with the use of CTI, they are assured of maximum security and can focus on other important duties as well.

Avoids Data Breaches

Every organization fears a data breach. That is one paramount thing. CTI helps avoid this and is always on the lookout for suspicious activities.

Threat intelligence solutions give people across roles more context, insight, and context to enhance security and decision-making. With the information they provide, businesses of all sizes can strengthen their defenses.

Bottom Line

In today’s threat landscape, all organizations face cyber risks, and the stakes are high. Malicious actors have become increasingly sophisticated, threats are emerging rapidly, and the potential damage from an attack continues to grow. By implementing cyber threat intelligence, your company can gain the visibility and foresight it needs to strategically manage risk in this evolving threat environment.

While threats may never be eliminated, CTI provides companies with tools and insights to defeat dangers before they defeat the business. With intelligence to guide critical security decisions, your company can optimize its investments, strengthen defenses, build resilience, and profoundly reduce damage from cyberattacks

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