What is Cyber Threat Intelligence?
Cyber threat intelligence is data collected, analyzed, and passed to cybersecurity analysts to warn organizations of potential attacks that must be avoided.
|“Threat intelligence can identify and analyze cyber threats aimed at your business. The keyword is “analyze.” Threat intelligence is about sifting through piles of data. It’s examining it contextually to spot real problems, and deploying solutions specific to the problem found.” – Kaspersky|
Cyber Threat Intelligence in Reality
Cyber threats are becoming more sophisticated and innovative, often bypassing multiple detection controls that are set by even the most mature and strong cybersecurity defense programs.
Digital transformation has effectively infiltrated enterprises, and this has led to an increase in the threat landscape. It is now evident that organizations must incorporate cyber threat intelligence to build a strong defense posture.
Why metrics matter
There comes a time in every organization where management will question – “how much as we spending? Is there any real return of investment?”
Measuring performance is essential in any organization with any team. It not only helps management keep track of expenditure versus ROI but also helps individuals show tangible proof when it comes to management discussions on positions, asset allocation, and manpower planning.
In short, they are a must for success.
How to measure the effectiveness of Cyber Threat Intelligence activities
When it comes to measuring the effectiveness of cyber intelligence, knowing what to measure and how to measure makes all the difference. Many indicators do not always mean that you are measuring actual effectiveness.
Here are a couple of things to consider:
- Incidents avoided using intelligence-based controls, measures, and mitigation techniques.
- Percentile decrease in incidents over the past period versus the previous period.
Keep in mind that the goal is to check how cyber threat intelligence effects final results and decision-making processes.
Still confused? Here’s an example:
Scenario: The cyber threat intelligence unit has gathered intel on a potential threat and provides the right department of the same, along with controls, measures, and a mitigation plan.
Measurement: What impact did this have? Did it really contribute to preventing the incident from arising?
How to measure:
In this particular incident, the data provided will determine how the breach occurred (from external sources) and using this data, will craft a mitigation plan. Using this data, management can introduce certain policies or make an informed decision to make changes in the current security strategy.
In this scenario, it is important to note if the criticality of the incident. Was the incident on the brink of occurrence or was it averted even before any event arising in the organization?
How to ensure better ROI from Cyber Threat Intelligence Program
Ensuring ROI can be tricky if you do not possess the skills needed. To upskill and ensure ROI it is recommended that you are trained and certified. The Cyber Threat Intelligence Analyst (CTIA) program by EC-Council is designed and developed in collaboration with cybersecurity and threat intelligence experts from around the world.
The program is method-driven, covering concepts from planning to preparing a report to disseminate threat intelligence. By the end of the Cyber Threat Intelligence training will be able to drive a threat intelligence program based on evidential knowledge and also recommend actionable advice on existing and unknown threats.