Planning and executing cyber attacks is no longer the job of one or few individuals. Organized groups are increasingly responsible for data breaches, and hackers with more resources can spend more time studying targets carefully to strike harder.
Companies need to step up as a result and start approaching cybersecurity comprehensively — bringing together disconnected security guidelines and tools to bridge exploitable gaps. But security budgets are finite, so it is essential to understand where money should be spent to minimize overall risk.
This is why threat intelligence is becoming an essential part of the cybersecurity roadmap, allowing companies to step back from day-to-day threats and review their IT infrastructure and systems to flag vulnerabilities.
Before investing in threat intelligence products, however, heads of security and business executives must ask themselves several questions. This post explores some of the vital ones.
How Does Threat Intelligence Work?
Threat intelligence all starts with evidence-based data — facts about hosting, websites, and applications such as:
- Configuration parameters of email and name servers
- Domain and IP address allocation and locations
- File extensions hosted and accessible by users
- Publicly available details about domain owners
- Status and validation of SSL certificates
Sources of evidence-based data are then integrated to reveal security threats. For example, invalid or inexistent SSL certificates combined with files having extensions capable of running code may indicate an attempt of website forgery. Hence hackers may be trying to impersonate a well-known entity through a fake page and seek gains by deceiving visitors into disclosing sensitive information or download and opening malicious files.
Still, to be truly intelligent, threat intelligence software should enable quick analyses and provide insights as needed in a useful format. Most threats will be overlooked if the process takes too long or lacks actionability.
How Relevant Is Threat Intelligence To You?
Any business that interacts with customers, employees, and other stakeholders through electronic means can benefit from threat intelligence — and that is virtually all businesses. Not all companies are equally vulnerable, however.
As a rule of thumb, the more organizations have to lose the more likely they are to be the target of cybercrime. So beware if you have accumulated a lot of sensitive data, possess many IP assets and trade secrets, or have an established reputation in the market, as these factors make you more attractive in the eyes of hackers and scammers.
Are You Confusing Threat Intelligence And Cybersecurity?
While the two are intrinsically connected, there are some subtle differences. Threat intelligence focuses on identifying vulnerability points to anticipate what hackers might do to steal data, infect systems, and conduct fraud.
Cybersecurity, on the other hand, is about implementing recommendations through processes, technologies, and best practices to protect websites, networks, hardware, and users. In other words, the former is about recognizing what should be done while the latter is about actually doing it.
Can You Act On Threat Intelligence Insights?
So let’s say you established a need for threat intelligence and maybe even started to monitor your systems and infrastructure more closely. The question is now about whether you can interpret insights and take actions as security gaps emerge.
Do you have the right specialists for the job? Will they have enough time to follow up with threat intelligence recommendations? Are senior executives going to support reconfigurations and new initiatives? Just knowing what areas for improvement could be is not enough to prevent and block cyber attacks.
Are You Approaching Threat Intelligence Too Narrowly?
You might think that only IT professionals should be concerned with threat intelligence. But since cybercriminals are present at every corner, even regular employees can benefit from security insights in their daily job.
For example, they might run quick analyses and receive an overall grading of hosts without having to dig into technical details — allowing them to know whether they can confidently share data on a website or download files.
In a security landscape where cybercriminals are increasingly organized, threat intelligence provides security analysts and other staff members with the tools to review hosts, websites, and servers to spot vulnerabilities and fix weak links.