Cyber Threat Intelligence or CTI gathers information regarding current and potential cyber-attacks. This information is then used to identify cyber-attacks that can cause a major security risk to the organization. Cyber Threat Intelligence (CTI) also gives you insights about cyber criminals which can be used to determine what’s at risk.
CTI can tell you what the current security gaps are and what can make the security vulnerable in the future. You can use this information to fix these loopholes before an attack happens. In essence, cyber threat intelligence is a shift from a reactive to proactive approach when it comes to making your system secure. Still, wondering why cyber threat intelligence is important? Here are 10 reasons why:
#1. Cyber threat intelligence helps lower your expenses
Adapting to a new technology sounds expensive due to which many companies hesitate while making a shift although it’s not always the case. Cyber threat intelligence (CTI) is also fairly new but adopting it can save your company a lot of expenses. According to a report on average CTI can save $2.26 million for enterprises. Cyber threat intelligence can save millions which show its importance.
#2. Cyber threat intelligence reduces the risk of cyber attacks
Cyber Threat Intelligence (CTI) can detect existing vulnerabilities and potential threats that cybercriminals are constantly searching to exploit. This gives you increased visibility of possible threats and you can take all preventive measures to reduce the risk of cyber-attacks. One of the biggest issues in cyber security is the detection of threats which is solved by cyber threat intelligence.
#3. Cyber threat intelligence increases efficiency of your staff
Manually finding a security threat is resources extensive and requires a lot of time and workforce. The security team needs to be on alert round the clock because companies can face security alerts at any time. Cyber Threat Intelligence (CTI) plays an important role because it uses intelligence for the automation of security to detect threats. This way your security team is less prone to errors and increases efficiency because they can focus on other important tasks as well.
#4. Cyber threat intelligence helps collect actionable data
Cyber Threat Intelligence (CTI) has threat feeds that provide you with actionable data in form of Indicators of Compromise (IoC). This actionable data is collected by analyzing cyber-attacks around the globe. You might be wondering why it is so important. Well, it’s because these threat indicators contain email addresses, URLs, and servers used in major cyber-attacks. It also tells you about techniques, tactics, and procedures (TTPs) used by cybercriminals. These Indicators of Compromise (IoC) help in making your defense stronger.
#5. Cyber threat intelligence avoids data breaches
One of the most important things for any company or business is its data and that must be kept secure. Cyber threat intelligence helps you avoid any data breaches in your company. CTI observes if there is any suspicious IP address, domain, or link that is trying to access your company’s data. It stops all kinds of suspicious activities and is very successful in avoiding data breaches.
#6. Cyber threat intelligence improves collaboration
Cyber Threat Intelligence (CTI) creates a collaborative environment where different organizations share information about cyber threats and best practices that you can adopt. According to a survey conducted by ThreatConnect, around 66% of security teams observe the threat data provided by the government to protect them from vulnerabilities. CTI is very crucial for organizations in improving communication and collaboration.
#7. Cyber threat intelligence protects from new vulnerabilities
We know that CTI improves collaboration in sharing new threat data and it is very helpful in the protection of new vulnerabilities. As the security systems are improved, cybercriminals also find new methods and techniques to breach into the system. This makes cyber threat intelligence an important component of cyber security. It keeps you updated about the new techniques, tactics, and procedures (TTPs) that can be used against your security system.
#8. Cyber threat intelligence accelerates the recovery process
Although cyber threat intelligence is a major help in adopting the proactive approach but is equally helpful in the recovery process as well. If you face a cyber-attack, then you can use CTI global threat feed assessment to identify the intruder in your system and take countermeasures. This accelerates the recovery process because it saves time for detection.
#9. Cyber threat intelligence helps to make informed decisions
Making the right decision at the right time can save you from a lot of trouble. Cyber threat intelligence collects data, processes it, and analyzes it to understand the purpose of attackers. Once you know all this information you can make timely and informed decisions. This way CTI helps you understand what security measure needs to be taken.
#10. Cyber threat intelligence help get ahead of cybercriminals
Information is the key to cyber security because most of the time is spent on detection and identifying the threat actors. With all the information about potential target, purpose, and threat actors provided by CTI you can shift from reactive to a proactive approach. Your cyber security team doesn’t need to wait around for an intruder to breach and then act. Instead, you can get ahead of their intent and keep your system secure.