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How do you know which vulnerabilities attackers are actually targeting? The answer is Threat Intelligence, a powerful tool for security teams to identify what types of vulnerabilities are targeted and what tactics, techniques, and procedures (TTPs) attackers actually use to hack into organizations’ environments.
At the BlackBerry Security Summit today, BlackBerry Limited announced the launch of its proprietary cyberthreat intelligence (CTI) solution, designed to help businesses detect and respond to cyberattacks.
The solution provides threat intelligence detailing the latest cyber attacks, threat actors, and malicious campaigns so they can make informed decisions about how to protect their environments.
It’s an approach that has the potential to give security teams more granular insights on how to detect and respond to security incidents, and reduce the time spent triaging alerts.
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Make better security decisions
Threat intelligence is an essential part of many organizations’ security stacks. In reality, Research shows that 65% of enterprises cite threat intelligence integration and correlation in security operations as “very important” when selecting a security information and event management (SIEM) provider.
But why exactly is threat intelligence so important? According to GartnerThreat intelligence use helps companies increase their detection and response capabilities by improving alert quality so SOC analysts can investigate security incidents faster.
In short, threat intelligence equips defenders with the information they need to make better decisions.
“Being cyber-proof means making the right decisions at the right time,” said Ismael Valenzuela, vice president, threat research and intelligence, BlackBerry. “Cyber attacks are becoming more sophisticated and threat actors act quickly. BlackBerry’s cyberthreat intelligence delivers the details needed to improve detection and response, so organizations can stay on top of cyberthreat activity and anticipate next steps.”
BlackBerry is well positioned to provide access to advanced threat intelligence, having released a number of reports on malware threats and advanced persistent threat activity over the past year. These reports cover threats and threat actors, including Symbiote, DCRate, Chaos Yashma ransomware, and LokiLocker.
Revision of the threat intelligence market
As the need for optimal security processes grows, the threat intelligence market is growing steadily, with researchers anticipate the market will rise from a value of $11.6 billion in 2021 to $15.8 billion in 2026.
Currently one of the main providers on the market is: Recorded futurewith an Intelligence Cloud platform that provides automated analytics, search, and analysis capabilities, allowing users to process technical and open source intelligence to identify and respond to threats in real time.
Venture capital firm Insight Partners acquired Recorded Future for $780 million in 2019.
A prominent competitor is IntSights, which provides automated detection analysis and remediation capabilities, with customizable alerts and instant patching for critical vulnerabilities discovered in the environment. Rapid7 acquired IntSights for $335 million last year.
While BlackBerry’s service is new, its research and intelligence unit’s expertise and work on in-depth threat reports such as its BlackBerry 2022 Threat Report has the potential to set it apart from other providers in the market.
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