ThreatConnect Research Reports Successful Threat Intelligence Programmes Saved U ...

Organisations say protecting client information is the highest
priority

LONDON (BUSINESS WIRE) ThreatConnect, Inc., provider of the industry’s only extensible,

intelligence-driven security platform, today released findings of a

survey, “Building a Threat Intelligence Programme,” which reports that

cybersecurity decision makers within organisations with mature threat

intelligence programs (70%) say the infrastructure has blocked threats

to the business that would have otherwise cost it a significant amount

of money on average, an estimated 6 million pounds saved in the last

twelve months.

The study surveyed 350 cybersecurity decision makers in UK

organisations, three in five (61%) of which have annual revenues over

50 million. When asked the most important factors for evaluating the

success of a threat intelligence programme, organisational leaders point

to protecting client information (76%), removing risks faced due to

cyber crime activities (56%), preventing service interruptions for core

business functions (49%) and protecting monetary assets of the business

(47%).

Other key findings include:

Highly publicised attacks are a wake-up call to more British

business.

More than one-in-four cybersecurity decision makers say
their organisations made changes to their threat intelligence
programmes due to the highly publicised threats such as WannaCry and
Heartbleed.

Sharing data with government groups is a priority for many UK

organisations.

More than two-in-five cyber-security decision
makers report sharing malware data, ransomware data, or general threat
data with government groups or NGOs.

There are differing viewpoints among organisational leaders and

those executing day-to-day operations when it comes to the rate of

success in preventing cyber-attacks

. Organisational leaders are
more likely than senior management to say their organisations’ threat
intelligence programme successfully prevents attacks most of the time,
including: phishing attacks (80% vs. 52%), ransomware (74% vs. 49%),
breaches of customer data (65% vs. 37%).

“Cybersecurity has become a major risk factor for businesses in every

sector,” said Adam Vincent, ThreatConnect CEO. “There’s a huge amount of

money at stake not just in terms of direct theft, but also in the form

of government fines for improper data handling. Companies that don’t

have a clear view of their network and how it could be at risk are in

danger of a serious financial impact. An effective threat intelligence

programme can help to equip security teams in identifying the most

relevant threats, make decisions on how to defend themselves sooner, and

quickly respond to incidents in a measurable way.”

A global report of the survey results may be downloaded at: https://www.threatconnect.com/ThreatConnect-Building-a-Threat-Intelligence-Programme-UK.pdf

About ThreatConnect

ThreatConnect Inc., the pioneer in threat intelligence platforms, arms

organisations with a powerful defense against cyber threats and the

confidence to make strategic business decisions. Built on the industry’s

only extensible security platform, ThreatConnect provides a suite of

products designed to meet the threat intelligence aggregation, analysis,

automation, and orchestration needs of security teams at any maturity

level. More than 1,600 companies and agencies worldwide use the

ThreatConnect platform to integrate their security technologies, teams,

and processes with relevant threat intelligence resulting in reduced

detection and response time for enhanced asset protection. To register

for a free ThreatConnect account or learn more, visit: www.threatconnect.com

Contacts

ThreatConnect, Inc.

Josh Hinton

joshua.hinton@teamlewis.com

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