Gaps Identified In Threat Intelligence Sharing & Collaboration

Uploaded on 2024-07-19 in TECHNOLOGY--Resilience, NEWS-Cybersecurity News, FREE TO VIEW

A leading provider of threat intelligence management and cyber fusion solutions, Cyware, has released the findings of its anonymised 2024 Threat Intelligence and Collaboration Survey.

Conducted with security professionals at the recent Infosecurity Europe 2024 exhibition, the research reveals that the overwhelming majority of organisations recognise the crucial importance of collaboration and information sharing in the fight against cyber crime, but most struggle to effectively combine insights across teams and security platforms.

Specifically, 91% of respondents said collaboration and information sharing are very important or absolutely crucial for cybersecurity. In addition, 70% believe their organisation could improve threat intelligence sharing, with 19% saying they could share significantly more. However, over half of the research respondents (53%) said their organisation does not currently utilise an Information Sharing and Analysis Centre (ISAC), underlining the shortcomings of the way most security teams approach threat intelligence.

Over a quarter (28%) said they were unaware of the existence and role of ISACs altogether. This is despite the proven value ISACs deliver in enabling organisations to manage risk, backed by trusted analysis and effective coordination.

When asked to identify the weakest link in their approach to cyber security information sharing and collaboration, over half (51%) said people are the main barrier to improvement, followed by processes (21%) and technologies (11.%).

Taking all these factors into account, nearly half of the survey respondents (49%) said that their organisations struggle to combine and derive actionable insights across multiple security tools, such as threat intelligence platforms, SIEM, asset management, and vulnerability management platforms.

Looking at the emerging role of AI in improving or reducing an organisation’s ability to share threat intelligence, 65% thought it would improve their organisation’s ability to share information, with over a third (35%) saying the technology is already having an impact. Other findings include:-

70% said their organisations could share more threat intelligence, while only 23% said they are currently sharing the right amount of information. Only 2% thought they were sharing too much.

Asked which teams are least likely to share threat intelligence with other departments, DevOps (31%) emerged as the top answer, followed by Security Ops (17%), Threat Intelligence (16%) and IT Ops (15%).

23% of teams share threat intelligence on a daily basis, 21% in real-time, 17% weekly and 14% monthly.

Terrence Driscoll, Cyware’s Chief Information Security Officer commented, "The disconnect between teams and the siloed approach taken around the use of security tools poses a serious threat to the delivery of threat intelligence, and by definition, the ability of organisations to protect themselves against today’s cyber security risks,”

“What’s required instead is the proactive approach offered by creating virtual and distributed Cyber Fusion Centres where traditionally siloed security functions are scalable and integrated, combining high-fidelity threat intelligence with threat operations for rapid threat response.” Driscoll said.

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