5 Top Benefits of Threat Intelligence in 2023
It is concerning to see how many businesses out here are not making use of threat intelligence or threat hunting to ensure they have identified and understand the truly relevant threats they need to plan, protect and be ready to respond too. It is literally the best way to ensure your cybersecurity spend is aligned with your target cybersecurity posture and acceptable risk.
Threat intelligence is a critical component of effective cybersecurity for businesses of all sizes. It involves the collection, analysis, and dissemination of information about potential threats to an organization, with the goal of helping the organization prepare for and defend against those threats.
Let's explore the five top benefits of threat intelligence for businesses.
- Proactive defense against potential threats. One of the primary benefits of threat intelligence is the ability to proactively defend against potential threats. By gathering and analyzing information about the tactics, techniques, and procedures (TTPs) of malicious actors, businesses can better understand the types of threats they may face and implement appropriate controls and defenses to protect against those threats. This can include implementing technical controls such as firewall rules and intrusion detection systems, as well as strengthening policies and procedures and educating employees on how to recognize and report potential threats.
- Prioritization of resources and efforts: With so many potential threats facing businesses today, it's important to prioritize resources and efforts to ensure that the most pressing issues are addressed first. Threat intelligence can help businesses understand the specific threats facing their organization and allocate resources accordingly, ensuring that valuable time and resources are not wasted on less pressing matters.
- Improved incident response: In the event that a business does experience a cyber attack, having access to relevant threat intelligence can significantly improve the organization's incident response efforts. By understanding the TTPs of the attackers, the business can more effectively track and remediate the attack, minimizing the damage and getting back to business as usual as quickly as possible.
- Compliance with industry regulations and standards: Many industries have specific regulations and standards in place to ensure that businesses are taking appropriate measures to protect against cyber threats. By leveraging threat intelligence to stay informed about relevant threats and implementing appropriate controls, businesses can meet their compliance obligations and reduce the risk of regulatory fines or legal action.
- Enhanced reputation and customer trust: In today's digital age, cyber attacks can have significant consequences for businesses beyond just the technical impacts. Reputation and customer trust can be seriously damaged if a business experiences a significant cyber attack. By leveraging threat intelligence to proactively defend against potential threats, businesses can protect their reputation and build customer trust by demonstrating their commitment to cybersecurity.
Threat intelligence is a valuable tool for improving cybersecurity in businesses of all sizes and will ensure you security spend is right-sized for your organization. By gathering and analyzing information about potential threats, businesses can proactively defend against those threats, prioritize their resources and efforts, improve incident response, meet compliance obligations, and enhance reputation and customer trust. By leveraging threat intelligence, businesses can better protect themselves and their assets against the ever-evolving landscape of cyber threats.
If you haven't made any investments in threat intelligence or threat hunting, then take action in 2023 and improve your security posture and reduce your risk.