Threat intelligence is the knowledge of how to identify cybersecurity threats and the process of making decisions to counteract them. The business landscape is constantly changing and the risks will increase as we continue to depend on information technology systems.
As long as these threats and breaches in security pose a danger, it should be the priority of every business to find ways to protect their valuable data at all costs.
In this article, we will take a look at how threat intelligence can help the businesses of today prevent malicious acts from hackers and criminals by improving their cybersecurity.
Staying Ahead of Cybercriminals
Cybercrime perpetrators are always looking for new ways that will give them the highest yield financially when carrying out their attacks. Such threats can come in the form of spoofing, phishing, malware, ransomware, and much more. Just like marketing analysts, these cybercriminals spend a huge amount of their time figuring out the juiciest targets and deciding the most logical action that will give them maximum returns.
With threat intelligence, the teams in charge of security can anticipate the moves of these criminals by reinforcing the gaps where data breaches would most likely happen. Threat intelligence, in a sense, is a way of thinking ahead proactively and identifying improper configurations which can cause future financial damages to a business.
Cost Savings Through Improved Resource Allocation
After the most threatening concerns have been figured out, the next thing for organizations to do is to take appropriate actions. One of the major benefits of integrating threat intelligence insights is that they allow security teams to identify the gaps and allocate the right budget into these areas.
Let’s say, for example, that the biggest gap your company has is with regards to malware protection. There are hackers who continue to gain access to your website and are uploading harmful files which are then downloaded by your visitors who unknowingly spread spyware to others.
In such cases, threat intelligence can reveal how protected are your company’s communications and warn you about possible threats by conducting an SSL Certificate Analysis. You can also conduct a domain malware check to see if your own encryption and those of the websites you interact with may be vulnerable to potentially malicious files.
Handling Data Breaches Better
A breach in data privacy can still happen despite the security efforts an organization puts up to prevent them. But the major difference between a cybersecurity incident that can shut down a company and one that it can recover from is how fast an organization can respond to the attack.
By conducting a threat intelligence analysis upon a data breach, companies can severely limit the damage and significantly improve the recovery time by quickly identifying gaps in security that the cybercriminals may have exploited.
The security team together with the investigators can use the insights from threat intelligence to pinpoint how the problem occurred and take the right actions immediately.
The cybercriminals that are prevalent nowadays are being funded and supplied well, but the public and private sectors are starting to win back battles in this cyber war. Organizations that wish to survive should start looking into security strategies and solutions that are constantly being evaluated and optimized.
Companies that invest in threat intelligence are doing themselves a huge favor by enhancing their overall cybersecurity. Despite the additional expenses, costs are far outweighed by the significant advantages created towards the success of a business in the long run.