Digital technology is at the heart of almost every industry. Of course, the increasing connectedness and growing automation have revolutionized institutions around the world. But it has also brought risk in the form of cyberattacks. As a result, it has become imperative for organizations to collect and effectively manage threat intelligence to deal with the growing number of data breaches.
However, many organizations are not sure where to start to protect their businesses. Therefore, before you start protecting your business and digital assets, it is crucial to have a basic understanding of threat intelligence. In this article, we will discuss threat intelligence, its importance, and its life cycle.
What Is Threat Intelligence?
Threat intelligence or cyber threat intelligence is the information that businesses can use to understand better the threats that have, will, or are currently targeting the organization. Using this data, organizations can prepare, prevent, and identify various threats looking to access the organization’s invaluable resources.
Cyber intelligence can help an organization build effective defense mechanisms and reduce the risk, which otherwise could damage their reputation and bottom line. Because targeted threats require targeted defense, threat intelligence provides organizations’ capabilities for defending their digital assets more proactively.
Why Is Threat Intelligence Important?
Cyber attackers are developing new and sophisticated methods to target different digital assets of various organizations. It is the reason why there are so many cyber threats out there. This is where threat intelligence can help organizations gain information to identify and protect themselves from cyber threats.
For instance, when organizations can learn about cyber-attacks and hackers’ patterns, they can develop an effective defense mechanism to mitigate the risk and damage to the organization. Moreover, threat intelligence can also help an organization avoid data breaches. When implemented correctly, threat intelligence can help in achieving the following objectives.
- Help the organization become more proactive about future cybersecurity threats.
- Ensure that the organization is staying updated with the overwhelming volume of threats.
- Keeping the leaders and other stakeholders informed about the latest cybersecurity threats and the damages they can cause.
Threat Intelligence Life Cycle
Rather than an end-to-end process, cyber threat intelligence works in a circular process referred to as the threat intelligence life cycle. The following are the different phases of the threat intelligence life cycle.
The first phase of the threat intelligence life cycle is planning. In this phase, requirements for data collection are defined. It is imperative to ask the right questions to generate actionable information.
Once the collection requirements are defined, raw information is collected regarding current and future threats. Different threat intelligence sources such as internal logs, records, and the internet can be used.
After collecting the data, it is then organized with metadata tags. False-positive, false negatives and redundant information is filtered out. Being said that, using tools like SIEM can make data organization much simpler.
In this phase, the processed data is analyzed with structured analytical techniques. This analysis of the information produces cyber threat intelligence feeds that help organizations look for indicators of compromise.
In this phase, the previous stage analysis is sent to the right persons on time. Dissemination of information is also tracked from one cycle to the next to ensure continuity.
In this phase, it is determined if the threat intelligence addresses all the organization’s cyber threats questions. If yes, then the cyber threat intelligence cycle comes to a close.
Threat Intelligence Tools
There are a number of different threat intelligence tools available that can help the organization secure its networks. The following are some of the most commonly used threat intelligence tools.
- Talos Intelligence
- Safe Browsing
- Ransomware Tracker
About Certified Threat Intelligence Analyst Program
The Certified Threat Intelligence Analyst (CTIA) program is designed and developed in collaboration with cybersecurity and threat intelligence experts across the globe. The program is designed to help organizations hire qualified cyber intelligence trained professionals to identify and mitigate business risks.