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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Gbaf News

    Posted on December 18, 2018

    Featured image for article about Top Stories

    By Ashraf Sheet, regional director, Middle East and Africa at Infoblox 

    Cyber threat intelligence (CTI) involves the collection, evaluation, verification, and distribution of information about ongoing and emerging cyber threats and attacks against network assets and infrastructure. It is becoming increasingly difficult and costly for organizations to defend against cyberattacks on their own. More companies are reaching out to their peers and to other sources for threat intelligence data.

    Ashraf Sheet

    Ashraf Sheet

    Below are 7 Cyber Intelligence insights from the Ponemon Institute’s Third Annual Study on ‘Exchanging Cyber Threat Intelligence: There Has to Be a Better Way’. 1200 IT and cybersecurity practitioners were surveyed in the EMEA and US.

    • Insight 1

    The #1 barrier to eff­ective threat intelligence is internal silos among IT departments and lines of business. This finding indicates the importance of a centralized program and tools to make exchange of threat intelligence easier.

    •  Insight 2

    60% of enterprises report that their threat intelligence goes stale within minutes. Lack of timeliness makes threat intelligence irrelevant. Only 9% of organizations say they receive threat intelligence in near real time.

    •  Insight 3

    45% of enterprises investigate cyber threats manually. This high percentage of manual cyber threat investigation may contribute to the dissatisfaction with the quality of threat intelligence they’re obtaining. Manual threat investigation leads to slower incident response.

    •  Insight 4

    Only 31% of organizations say their threat intelligence is actionable. This means that their CTI does not provide enough context for it to be actionable, making it ine­ffective for security operations.

    •  Insight 5

    59% of enterprises report that their threat intelligence goes stale within minutes. Lack of timeliness makes threat intelligence irrelevant. Only 9% of organizations say they receive threat intelligence in near real time.

    • Insight 6

    Only 35% of organizations say their cyber threat intelligence is accurate. Lack of accuracy of CTI is among the top three complaints of enterprises about their threat intelligence data. Working with inaccurate data makes it difficult for any team to make the right decisions.

    • Insight 7

    60% of enterprises are only somewhat satisfied or not satisfied with their cyber threat intelligence. Despite the increase in the exchange and use of threat intelligence, most survey respondents are not satisfied with it. The inability to be actionable, timely and accurate are the most common complaints about their CTI.

     There Is a Better Way

    Organizations worldwide must foster integrated cybersecurity solutions that enable teams to automate, consolidate, and coordinate the sharing of up-to-date threat intelligence in order to detect cyber threats earlier and remediate them faster and more comprehensively.

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