As the world is becoming more technologically advanced, the digital-oriented landscape is also seeing an uptick in cyberattacks. Scammers, threats, theft, and a myriad of fraudulent activities threaten corporations, governments, public, and private sector organisations worldwide, which paves the way for collaboration.
That’s why companies in different parts of the globe are sharing their cyber threat intelligence to safeguard various business sectors against security breaches. With a total loss of US$13.0million back in 2019 due to cybercrime, cyber threat intelligence now plays a greater role in this internet-driven society.
What is Cyber Threat Intelligence (CTI)?
It’s a form of cybersecurity that involves gathering and studying all the information about the potential and current cyber threats a company is exposed to. When done successfully, cyber threat intelligence can make all the difference between the millions worth of losses since it strives to keep security breaches and data theft from happening.
When a hacker manages to steal sensitive data from an organization or its assets, it can result in a significant financial crutch on top of the expensive cost of cleaning up the mess of a cyberattack.
What can Cyber Threat Intelligence Offer to Organisations?
Benefit #1: Cyber Threat Intelligence can Reduce Costs
Recovering from a cyberattack can hurt the business capital since it involves investigation expenses, restoration fees, and more, so integrating an effective security measure such as cyber threat intelligence can prevent such a costly risk.
Benefit #2: Cyber Threat Intelligence can Minimize Risks
There’s no doubt that hackers and scammers are becoming more sophisticated as they continue to find innovative, albeit destructive, ways to breach organization networks. By employing cyber threat intelligence, companies can rest easy knowing that these security risks will lower.
By identifying potential threats to your organization, many businesses can minimize interruptions in their operations and ensure they are well safeguarded. It also arms companies with valuable information, such as the analysis of previous cybercrimes and trade secrets such as the hackers’ techniques.
Benefit #3: Enhance Security and IT Staffing
Another benefit of implementing a cyber threat intelligence system is that it can aid the corporation’s security and IT department, allowing both sectors to benefit from this security measure and promote efficiency.
The Bottom Line: The Pivotal Role of Cyber Threat Intelligence in Corporations, the Government, and Organisations
By providing in-depth insights and a deeper understanding of the nature of cyber threats, companies can learn their vulnerabilities and what makes them at risk for security breaches. It also clues people in on how to protect the business, making CTI a necessary security measure in this tech-savvy workforce.
Why Choose Us?
If you want to secure your network and software against potential scammers, thieves, and other forms of cybercrime, we can protect your business from the damaging effects of online piracy and counterfeiting.
Our global brand protection company offers advanced threat intelligence that can simplify your cyber analysis in more ways than one – from cyberattack prevention, anti-piracy solutions, and more. Get in touch with us today and see how we can guarantee your virtual safety.