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Why Risks Scores Lead to Poor Threat Intelligence

posted by: Paula Boyden date: Apr 29, 2021 category: All comments: 0

There are plenty of perceived risks when you use technology and go online. Unfortunately, those are now ubiquitous in modern life. As such, you may look into cybersecurity solutions to have the necessary countermeasures and protection. One of them that is getting popular is risk scoring through cyber threat intelligence.

Risk scoring through cyber threat intelligence feeds is primarily common among young professionals since they feel this system is effective in allowing them to have the necessary predictive measures. This way, they can avoid online attacks. However, very little is known about how this data is gathered and its direct applications. Thus, use this guide to find out more and get informed outlooks on better alternatives.

 

How Does a Risk Score Work through Threat Intelligence Reporting?

The best way to illustrate how a risk score is calculated is to highlight its similarities to building inspection reports. As you may know, these reports are used for buyers like you to make investment-forward decisions by detailing possible outcomes.

While these can lead to probable issues in the future, it fails to prepare you for present issues in the home. For example, it will tell you there is a mouse hole that needs to be covered up, but not necessarily say that there is a ray invading your house.

The house inspection report situation is the same for risk scores. There are different tools to gather information on probable effects based on various data points and factors. Some look at past records and will focus solely on that, while others can use existing impressions to detect patterns. As a result, you come up with different risk scores, all with varying conclusions and recommendations, leading to a limited view of your cybersecurity and the actual threats.

 

Why Are the Different Types of Risk Scores through Threat Intelligence Reporting?

To give you a better idea of the on-the-ground processes for these cyber threat intelligence reporting, concern yourself with the following risk scoring:

1. Third-party risk management

Third-party risk scoring is the condensed version of analysing external factors for possible attacks on an organisation based on surveying news reports on the Internet and explicit sources (e.g., the Darkweb).

The grounded analysis on current events can yield informed readings to avoid major trends in particular groups. However, most scores vary over different periods, and the threshold of risks fails to access more specific computerised attacks, especially internal problems. In effect, the scores can become subjective and not consistent with actual threats.

2. Vulnerability risk

Vulnerability risk scoring is more straightforward as it lays out known weaknesses in reference to an organisation’s assets. While on its own, it can serve as a preventive measure through bolstering cybersecurity lapses. You may not detect threats that can already infiltrate threat intelligence screening, leading to future attacks with dire consequences.

 

What Should I Consider to Have Effective Threat Intelligence Reporting?

Risk scores on their own can prove to be useful to a degree, but if they are not analysed together and used to cover each other’s weaknesses, you can still be in danger as you navigate through the Internet and use your electronic devices.

As such, it would be recommended to find a cybersecurity intelligence analyst or provider that assesses different aspects of risk assessment. In other words, they should have a more proactive approach and comprehensive data gathering measures to put risk scoring to good use.

Risk scoring alone is not the answer to cyber threat intelligence and taking active steps to protect yourself. As the previously mentioned information details, it is the wider spectrum of tools and risk assessment that prevents these attacks. Therefore, ensure your provider is knowledgeable about more than mere risk scoring and reporting to guarantee your safety.

 

Are you in need of professional brand protection company and actionable solutions to protect your data and online presence? Get in touch with our experts at FraudWatch International. Through our cyber intelligence threat posture, you can be assured of detailed reporting, proactive assessment, and a broader range of data gathering to go beyond mere risk analysis and scoring. Get in touch with our agents today to prevent online and technology-based attacks effectively.

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